Home Value Trail

Elko New Market, MN home price history and building permits

Scott CountyMinneapolis-St. Paul-Bloomington, MN-WIMinnesota

  • Price trail: Scott County
  • FHFA annual index 1976 to 2025
  • Developmental index
  • Permits through

The annual files of FHFA have no index for a city. The line on this page is the index of Scott County, the county of Elko New Market. The FHFA annual house price index for Scott County increased by 66.3% from 2015 to 2025. Building permits in Elko New Market authorized 101 housing units in the 12 months to August 2026.

2015

The annual files of FHFA have no index for a city. These figures are for the index of Scott County, the county of Elko New Market.

+66.3%

From 2015 to 2025, the FHFA annual all-transactions index for Scott County increased by 66.3%.

From 2015 to 2025, the average change in each year is +5.2%, compounded.

Same span at each level: 2015 to 2025
AreaChangeBar
Scott County+66.3%
Minneapolis-St. Paul-Bloomington, MN-WI+70.1%
Minnesota+71.4%
United States+85.0%
Scott County FHFA annual all-transactions index, 100 in 1976
  • Scott County
  • United States, set to the same start
  • Recession (NBER dates)
  • Your span

This is the price trail of Scott County, not of Elko New Market. The annual files of FHFA have no index for a city.

Index values for each year
FHFA annual all-transactions index for Scott County, 1976 to 2025
YearIndexChange from the year before
2025756.57+2.4%
2024739.11+2.3%
2023722.65+3.4%
2022698.84+13.6%
2021615.22+9.7%
2020560.77+2.9%
2019545.23+3.5%
2018526.96+5.3%
2017500.20+5.0%
2016476.40+4.7%
2015454.86+3.0%
2014441.79+7.3%
2013411.83+5.9%
2012388.71+0.2%
2011388.06−6.1%
2010413.10−7.6%
2009447.27−9.9%
2008496.40−5.8%
2007526.97−2.2%
2006538.90+2.6%
2005525.36+8.7%
2004483.48+9.3%
2003442.45+4.4%
2002423.60+9.1%
2001388.44+9.6%
2000354.31+12.6%
1999314.57+7.4%
1998292.98+5.0%
1997279.00+5.2%
1996265.25+4.4%
1995254.07+7.0%
1994237.54+5.6%
1993224.99+3.6%
1992217.27+2.8%
1991211.40+2.8%
1990205.58+0.6%
1989204.30+4.3%
1988195.87+4.0%
1987188.26+5.9%
1986177.75+2.9%
1985172.80+0.4%
1984172.11+3.5%
1983166.24+15.7%
1982143.67−9.1%
1981158.00+4.3%
1980151.54+8.5%
1979139.62+14.4%
1978122.08+20.7%
1977101.16+1.2%
1976100.00n/a

Each figure is the change of the FHFA annual all-transactions index, from the year that you pick to 2025. It is a change for the area. It is not the change in the value of your home, and it does not use the price that you paid.

The average for each year is a compounded annual change. The guide to values explains more.

When using the FHFA House Price Calculator, please note that it does not project the actual value of any particular house.

FHFA, about its own House Price Calculator: Federal Housing Finance Agency, House Price Index Datasets, HPI Calculator, copied on . The calculator of FHFA uses quarterly figures. For the states and the 100 largest metro areas it uses the purchase-only index. Its figures can differ from the figures here.

Since the last FHFA release

No recorded FHFA release changed a figure of Scott County. The record of releases starts with the next FHFA release. FHFA releases recorded by this site

Same span, every level

Change in the FHFA annual index to 2025: Scott County and the areas above it
Area1 year2024 to 20255 years2020 to 202510 years2015 to 202520 years2005 to 2025Since 20002000 to 2025Each yearaverage of 10 years
Scott County+2.4%+34.9%+66.3%+44.0%+113.5%+5.2%
Minneapolis-St. Paul-Bloomington, MN-WI+2.6%+33.6%+70.1%+49.9%+123.8%+5.5%
Minnesota+2.8%+36.8%+71.4%+56.0%+126.5%+5.5%
United States+2.8%+47.0%+85.0%+79.1%+158.3%+6.3%

The annual files of FHFA have no index for Elko New Market. The first row is the index of Scott County.

Building permits in Elko New Market

In the 12 months to August 2026, building permits in Elko New Market authorized 101 housing units. That is 19.1 units for each 1,000 residents. In the 12 months before, permits authorized 63 units.

Housing units authorized by month, latest 24 months
  • Units in buildings with 1 unit
  • Units in buildings with 2 or more units
Units for each month
Housing units authorized by building permits in Elko New Market, by month
MonthAll units1 unit2 or more units
Aug 202612120
Jul 2026440
Jun 2026550
May 2026330
Apr 2026880
Mar 2026330
Feb 2026330
Jan 2026220
Dec 2025440
Nov 2025330
Oct 202542636
Sep 202512120
Aug 2025440
Jul 2025330
Jun 2025330
May 2025330
Apr 2025440
Mar 2025725
Feb 2025725
Jan 2025220
Dec 2024220
Nov 202411110
Oct 202410100
Sep 2024725
Housing units authorized in the 12 months to August 2026, by size of building
FigureElko New MarketScott CountyMinnesotaUnited States
All units10171222,1581,418,086
In buildings with 1 unit65 (64%)598 (84%)12,841 (58%)888,241 (63%)
In buildings with 2 units0231234,814
In buildings with 3 or 4 units0420117,298
In buildings with 5 or more units36 (36%)108 (15%)8,804 (40%)477,733 (34%)
Units for each 1,000 residents19.14.53.84.1
Change from the 12 months before+60.3%−18.1%+2.8%−0.1%
Housing units authorized by year, 1995 to 2025
  • Units in buildings with 1 unit
  • Units in buildings with 2 or more units
Units for each year
Housing units authorized by building permits in Elko New Market, by year
YearAll units1 unit2 or more units
20251046836
202438380
2023592336
202230300
202157534
202020164
20191064
2018301713
201710100
201624240
201515150
201418180
201340400
201227270
2011440
201020200
200910100
200815150
200748480
200659554
200519190
200466660
20031191190
200275750
2001000
2000000
1999000
1998000
1997000
1996000
1995000

A permit authorizes construction. It does not show that the work started or that it is complete. For a place that does not report each month, the Census Bureau imputes the monthly figures.

Agency pages

  • Building Permits SurveyUS Census BureauThe survey of housing units that building permits authorize.
  • FHFA House Price IndexFederal Housing Finance AgencyThe index page of FHFA: data, tools and the release dates.
  • FHFA HPI CalculatorFederal Housing Finance AgencyThe calculator of FHFA. It works by quarter, for a state or a metro area.

Each link loaded on .

Cite this page

Home Value Trail. Elko New Market, MN home price history and building permits. https://homevaluetrail.com/city/mn/elko-new-market/. Source: US Census Bureau, Building Permits Survey; Federal Housing Finance Agency, annual house price index for Scott County. FHFA release of .

Where the figures come from

Building permits
US Census Bureau, Building Permits Survey, place files through August 2026, permit office 533200. County, state and national figures from the county and state files.
Price trail
FHFA annual house price index for Scott County, 1976 to 2025. Release of March 31, 2026.
County of the place
The county code of the Building Permits Survey row, and the Census Bureau 2020 place by county file.
Residents
US Census Bureau, population estimates for 2025.

All files are works of the US government, in the public domain. To report an error, see Corrections.

Questions

What kinds of buildings have permits in Elko New Market?
In the 12 months to August 2026, 65 units are in buildings with one unit. 0 units are in buildings with two to four units. 36 units are in buildings with five or more units.
How does the count compare with the 12 months before?
Permits authorized 63 housing units in the 12 months before. Permits authorized 101 housing units in the 12 months to August 2026. The count increased by 60.3% between the two periods.
How many units is that for each 1,000 residents?
Elko New Market has 19.1 units for each 1,000 residents. Scott County has 4.5 units for each 1,000 residents. Minnesota has 3.8 units for each 1,000 residents.
How many units have permits from 1995?
Permits in Elko New Market authorized 917 housing units from 1995 to 2025. The year with the most units is 2003, with 119.