In July 2019, there were 11 homes sold, with a median sale price of $435,000 - a 18.8% decrease over the $535,500 median sale price for the same period of the previous year. There were 12 homes sold in Lake Elmo in July 2018.
The median sales tax in Lake Elmo for the most recent year with available data, 2015, was $3,756, approximately 0.9% of the median home sale price for July 2019.
The following table compares Lake Elmo to other Washington County cities with similar median sales prices in July 2019:
| City | July 2019 Home Sales | July 2018 Home Sales | % change (Total Home Sales) | July 2019 Median Sales Price | July 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Dellwood | 1 | 2 | -50% | $615,000 | $1,067,500 | -42.4% |
| Marine on St. Croix | 1 | 1 | 0% | $550,000 | $448,000 | 22.8% |
| Pine Springs | 1 | 1 | 0% | $540,000 | $630,000 | -14.3% |
| Grant | 5 | 5 | 0% | $525,000 | $489,000 | 7.4% |
| Afton | 3 | 3 | 0% | $496,000 | $499,000 | -0.6% |
| Lake Elmo | 11 | 12 | -8.3% | $435,000 | $535,500 | -18.8% |
| Mahtomedi | 13 | 14 | -7.1% | $425,000 | $313,600 | 35.5% |
| Scandia | 3 | 6 | -50% | $410,000 | $325,000 | 26.2% |
| Stillwater | 34 | 35 | -2.9% | $357,450 | $360,000 | -0.7% |
| Birchwood Village | 4 | 1 | 300% | $350,950 | $400,000 | -12.3% |
| Woodbury | 156 | 122 | 27.9% | $325,000 | $308,500 | 5.3% |
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