Village, Lake Elmo, MN
Village — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Village, Lake Elmo, Minnesota. Explore the cited sources and local facts below while agent underwriting continues.
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Village Neighborhood Overview
The Village neighborhood is a residential community within the city of Lake Elmo, Minnesota. It offers residents a peaceful, suburban atmosphere with convenient access to the natural beauty and recreational opportunities the wider area is known for. The community is characterized by its high rate of homeownership and family-friendly environment.
Lifestyle & Amenities
Residents enjoy a lifestyle that balances suburban comfort with access to outdoor spaces. The neighborhood's setting in Lake Elmo provides proximity to parks, trails, and several lakes for boating and fishing. Daily amenities and shopping are available within a short drive in Lake Elmo and surrounding communities.
Real Estate Market
The Village real estate market consists primarily of single-family homes, with a very high homeownership rate of 92%. The median home value is reported at $559,700, with homes spending an average of 102 days on the market. The provided median rent figure appears inconsistent for a residential area and should be verified with local sources.
Schools & Education
The Village neighborhood is served by the Stillwater Area Public School District (ISD 834), which is generally well-regarded in the region. Families have access to a range of public educational options from elementary through high school. Specific school assignments and ratings can be confirmed through the district's boundary maps.
Transportation & Connectivity
The neighborhood is primarily accessed by car, with major routes like Interstate 94 and State Highway 5 providing connections to the Twin Cities metro area. Commuters have reasonable access to employment centers in the eastern suburbs and downtown Saint Paul. Public transit options are limited, typical for suburban neighborhoods in this area.
Why Choose Village
Homebuyers choose Village for its established, quiet suburban setting and strong sense of community ownership. The neighborhood appeals to those seeking a family-oriented environment with the benefits of the highly-rated Stillwater school district. Its location in Lake Elmo offers a more relaxed pace while remaining within commuting distance of the greater metro.
Village Market Data
| Metric | Value |
|---|---|
| Median Home Price | $560K |
| Median Household Income | $158K |
| Homeownership Rate | 92.2% |
| Renter-Occupied | 7.8% |
| Rental Vacancy Rate | 0.0% |
| Market Type | Seller's |
| Market Tier | Luxury |
| Primary ZIP Code | 55042 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 148,162 |
| VA Loan Originations | 5,773 |
| VA Loan Share | 0.0% |
| Average VA Loan Amount | $316K |
| Conventional Loan Originations | 131,728 |
| FHA Loan Originations | 10,661 |
Top Real Estate Agents in Village, Lake Elmo
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Village, Lake Elmo, MN. Explore the available cited neighborhood data on this page.
Agent selection follows our published merit criteria. Do not infer or fabricate agent names.
Data Provenance
- State Licensing: Minnesota Department of Commerce — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-12