What is the median home price in Village, Lake Elmo?

The median home price in Village is $560,359, down 25% year-over-year. Homes sell in a median of 64 days. The sale-to-list ratio is 99.47%.

How much does it cost to sell a home in Village?

On a $560,359 home in Village, a traditional agent charges around 3% — about $16,811. With Ridley Essentials ($999) or Ridley Pro ($3,499), you save $13,312 while getting MLS listing and expert support.

How long does it take to sell a home in Village?

The median home in Village spends 64 days on market. 42.86% of listings go pending within two weeks. 25 homes sold recently in this neighborhood.

Is Village a good neighborhood to sell in right now?

Village had 25 homes sell recently at a median of $560,359. Sellers are getting 99.47% of their asking price. 8% of homes sold above list price. Ridley's flat fee means you keep more regardless of market conditions.

National/Minnesota/Lake Elmo

Village · Lake Elmo, MN

Is Now a Good Time to Sell in Village, Lake Elmo?

The median home in Village sells for $560,359 with prices down 25% year-over-year. Ridley's flat fee saves you $13,312.

Village Real Estate Market Conditions

51out of 100

Ridley Sell Score

How it's scored →

Moderate

51/100

A balanced market with opportunities for well-priced homes.

What this means for sellers

The Village market is balanced — neither strongly favoring buyers nor sellers. Accurate pricing is key: overpriced homes will sit, but correctly priced listings are still moving. Focus on presentation and pricing strategy to stand out. Sellers who prepare well can still achieve strong results.

Inventory TightnessNeutral

4 months of supply — near the balanced threshold of 5 months. Minnesota average is 2.9.

Price MomentumFavors buyers

Prices down 25.28546667% year-over-year — vs. -0.8% statewide.

Seller LeverageFavors sellers

Homes selling at 99.47% of asking — buyers are negotiating 0.5% below list. Minnesota average is 98.4%.

Bidding ActivityFavors buyers

8% of homes selling above list price — 65% below the Minnesota average of 23.1%.

Sale SpeedNeutral

64 median days on market — 7 days slower than the Minnesota average.

Market UrgencyFavors sellers

42.86% of listings go pending within 2 weeks — vs. 33.1% statewide.

Price StabilityFavors sellers

Only 0% of listings have dropped their price — sellers are holding firm. Minnesota average is 27.3%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

$560,359

-25%

Days on Market

Price per Sq Ft

$246

Sale-to-List Ratio

99.47%

Homes Sold

Sold Above List

Pending in 2 Weeks

42.86%

Source: public market records

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Personalized pricing signals, demand shifts, and Sell Score changes for Lake Elmo — delivered monthly.

Your savings

How much can you save selling in Village?

$0Estimated savings

That's a dream family vacation — save 2.4% of your home value

Your Village home value

$560,359

$50,000$10M

Traditional Agent (3%)

$16,811

Ridley Pro (flat fee)

$3,499

Ready to sell in Village?

Get a personalized selling strategy with AI-powered pricing analysis

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Cost comparison

Cost to sell in Village

	Traditional Agent	Best valueRidley Pro	Ridley Essentials
Listing fee	$16,811	$3,499	$999
Buyer agent	$15,6902.8% avg	$11,207~2% avg	$11,207~2% avg
Closing costs (~1.5%)	$8,405	$8,405	$8,405
Total cost	$40,906	$23,111	$20,611
You save	—	$13,312	$15,812

Based on the Village median home price of $560,359. Ridley buyer agent commission reflects the average ~2% BAC offered by Ridley sellers.

How to sell your house and save on commission in Village

A flat fee of $3,499 instead of the typical $16,811 commission — with a dedicated agent at every step.

AI + expert price your home

AI-powered comps reviewed by your dedicated agent — using Village market data so you list at the right price.

AI prepares your home

AI walk-through identifies what to fix, stage, and photograph. Your agent advises on what actually moves the needle.

Listed on MLS & 100+ sites

Professional listing syndicated to Zillow, Redfin, and everywhere Village buyers look — plus a custom Ridley listing page with AI chat.

Your agent negotiates

Offer comparison, counteroffer strategy, and all back-and-forth with buyers' agents — handled by your dedicated agent.

Close and keep $13,312 more

Contracts, disclosures, deadline tracking, and closing coordination — from accepted offer to keys.

Get Your Selling Strategy

FAQ

Common questions about selling in Village

Ready to sell in Village?

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