Elk River MN Real Estate

Elk River lies a bit less than 35 miles northwest of Minneapolis, Minnesota, and the population there is growing fast. It?s the county seat for Sherberne County, Minnesota, a has a prized location as the site where the Elk River meets the Mississippi River. The city is a total area of almost 44 square miles, with a population of over 20,000, as of 2005.

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Real Estate in Elk River Minnesota

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Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than ReMax Results are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

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Elk River MN Homes for Sale

The standard of living in Elk River is fairly high, making it a nice place to live and work. In 2000, the average family could expect a household income of around $55,000-$60,000 per year. Only about 2.5 of these families were below the national poverty line. Real estate values have been increasing greatly, with the average house/condo value in 2005 estimated at $242,400?a 67% increase from just five years before that!

Elk River is growing, but is still a nice place to live is you?re interested in getting away from the bustling lifestyle found in bigger cities. Many of Elk River?s residents commute to work in Minneapolis, and some also own hunting and fishing cabins in the northern parts of the state. Traveling to and from these places is rather easy, as the city provides great bus systems.

In 2005, Elk River?s city council started implementing plans to revitalize the city, especially the downtown area. As a result, the Bluffs of Elk River and Jackson Place construction projects have begun to help enhance the businesses and residential areas of the city, especially the River?s Edge Commons Park, making this and even nicer place to live.