Elko New Market is a small Scott County city at the southern edge of the Twin Cities metro. Its own transportation plan describes it as "a free-standing community in a rural setting with growing suburban-style development," with Interstate 35 just east of town (2040 Transportation Plan). The city is also unusual for its origin: it was formed when two neighboring cities, Elko and New Market, merged in 2007.

This guide covers that history, the city-reported park and trail system, the road network, public services, two-district school verification and a dated MLS snapshot with small-sample cautions. It does not rank neighborhoods or schools. For the existing property-oriented resource, use the Elko New Market neighborhood page; this article supplements that page rather than replacing it.

Elko New Market at a glance

Measure Figure and source date
Population estimate 5,300; July 1, 2025 (Census V2025)
Decennial population count 4,846; April 1, 2020 Census
Land area 3.48 square miles; 2020
Owner-occupied housing unit rate 95.5%; ACS 2020–2024
Mean travel time to work 27.7 minutes; ACS 2020–2024
City-reported trails / sidewalks 9.5 miles / 7.5 miles; city Parks & Recreation page, undated
MLS median sales price, All Property Types $484,070; trailing 12 months through Oct 2026

Census figures are from QuickFacts. The trail figures are the city's current Parks & Recreation page; the 2019 park-plan figures discussed below use a different date and should not be added to them.

Two towns, one city

The city's history page traces two distinct histories:

  • New Market grew from a settlement of German and Prussian emigrants. The Village of New Market was incorporated in 1895 with 320 acres, and a general store operated until 1970.
  • Elko was platted by the Chicago-St. Paul Railroad in 1902 and incorporated in 1949. The railroad left the city in 1977.
  • Interstate 35 was built in the late 1960s, changing how residents traveled and shopped.
  • An early-1980s building moratorium tied to sewer capacity ended after the two cities cooperatively built a sewer system in 1987 at the headwaters of the Vermillion River in New Market Township.
  • City officials first discussed a merger in October 2005. In a referendum on March 21, 2006, residents approved it with 84% of the vote, and the merger took effect on January 1, 2007.

The same page notes that Elko Speedway opened in 1964 and still draws visitors to the area. The speedway's own site currently says its 2027 schedule is coming soon; check it directly for event dates rather than relying on this article.

For buyers, the merger history explains why older plats, street names and records may reference "Elko" or "New Market" separately. Confirm current legal descriptions with county records rather than older references.

Parks, trails and recreation — city figures quoted separately

The city's Parks & Recreation page currently lists its parks and trails system as:

  • Trails: 9.5 miles
  • Sidewalks: 7.5 miles
  • 2 ice rinks; 3 pickleball courts (located at Rowena Pond's ice rink); 2 half-court basketball courts; 2 picnic shelters; 5 ball fields (2 private); and 1 skate park.

The city's adopted 2040 Park and Trail Plan reports a different, dated measure: as of 2019, approximately 15.3 miles of trails and sidewalks maintained by the city — about 9.0 miles of trails and 6.3 miles of sidewalks. That chapter also counts 14 existing parks on approximately 59 acres of parkland, three of them platted parks to be developed in the future. The two sources use different dates, so they are quoted separately here rather than combined or treated as a growth calculation.

The plan classifies parks by type: six mini parks, two neighborhood parks, one community park (which includes both Wagner and Rowena Pond parks) and four natural areas/greenways. It also identifies proposed future trail and sidewalk connections totaling approximately 72.3 miles within the 2040 planning area. Those are planned segments, not existing trails.

The plan notes that 260th Street East (CSAH 2) and Natchez Avenue (CSAH 91) act as barriers that limit access to some parks, which is a practical detail to check when looking at a specific street and the park nearest to it. The city Parks page also points to Cleary Lake Park as a dog-park option outside the city's own system.

Regional parks nearby

A regional-facilities table in the city's comprehensive plan lists Three Rivers Park District's Cleary Lake Regional Park (1,045 acres) and Murphy-Hanrehan Park Reserve (2,400 acres) among nearby regional facilities (plan table). Those acreage figures come from the city's planning document; check Three Rivers for current amenities, fees and rules before a visit.

Housing forms and Census context

The supplied MLS snapshot reports Single-Family and Townhouse-Condo sales separately. In Elko New Market, the Townhouse-Condo count is very small, so a change of a few sales can produce large percentages. A detached home, an association-governed townhome and a rental involve different documents and responsibilities. Where an association applies, review its governing documents, budget, insurance responsibilities and maintenance obligations before comparing total costs.

Census QuickFacts reports a $433,100 median value of owner-occupied housing units for 2020–2024. That Census measure concerns the owner-occupied housing stock over a multiyear survey period. It is not the median MLS sales price, an appraisal, or a current asking price. Keep it separate from the transaction-based snapshot below. Source: Census QuickFacts.

A dated market snapshot, with the filters visible

Elko New Market market snapshot — trailing 12 months through October 2026

InfoSparks area: Elko New Market (CITY). With All Property Types selected, the median sales price was $484,070 (+7.4% year over year), with 121 closed sales (+9.0%). Median days on market were 45 (+32.4%); months supply was 5.4 (+12.5%), as displayed in InfoSparks' October 2026, 12 Months view.

Separately reported closed-sale categories were Single-Family: 109 (+25.3%) and Townhouse-Condo: 8 (-65.2%). These are reported categories, not shares of all sales; they should not be assumed to exhaust or reconcile to the total.

NorthstarMLS Matrix showed 52 active-only listings as of Nov 6, 2026 for the municipality. This count uses the Single Family search class, which includes multiple residential styles; it excludes Coming Soon, Pending and other statuses, as well as Lots/Land, Multi-Family, Commercial, Farm and Rental classes. It is not InfoSparks' “Homes for Sale” measure.

Elko New Market is a small market: 121 closed sales across all property types in 12 months, and only 8 reported Townhouse-Condo sales. With counts this small, a few transactions can swing the median price, days on market and especially the year-over-year percentages, so these figures should not be read as a trend or a prediction. They summarize recorded activity for the city as a whole; use comparable properties for an individual address.

Source: NorthstarMLS via InfoSparks, trailing 12 months through October 2026; active-only count from NorthstarMLS Matrix as of Nov 6, 2026. Data deemed reliable but not guaranteed.

Getting around: county roads, I-35 and dial-a-ride

The city's 2040 Transportation Plan describes the road network in practical terms:

  • Interstate 35 is the closest principal arterial, about one-half mile east of the city's easterly limit.
  • CSAH 2 (Main Street/260th Street) runs east-west and, according to the plan, provides the only interchange access to I-35 in Scott County. The plan notes that many residents use CSAH 2 to reach I-35 for work commutes.
  • CSAH 91 (Natchez Avenue) runs north-south through the city. CSAH 86 (280th Street) lies just south of the city limits along the Scott-Rice county line.

On transit, the plan states that Elko New Market is not in the metro transit taxing district and does not anticipate scheduled commuter transit through the 2040 horizon. It recommends that the city consider a park-and-ride near the I-35/CSAH 2 interchange to support carpools and vanpools — a recommendation, not an existing facility. The plan describes dial-a-ride service through Transit Link; confirm current service rules with the provider before relying on it. The plan also identifies Airlake Airport in Lakeville, about five miles northeast, as the nearest metro airport.

The Census mean commute of 27.7 minutes is background, not a trip estimate. Test the actual route at the times you would drive it.

City limits, township roads and the growth area

Elko New Market's plans repeatedly distinguish the current city limits from a planned 2040 growth area. The transportation chapter notes that roads in the area fall under several jurisdictions — MnDOT (I-35), Scott County, New Market Township or the city — and that I-35 itself lies within the city's planned growth area rather than the current limits (2040 Transportation Plan). The park plan likewise maps park service areas against the 2040 boundary and identifies places not yet served by a nearby park (2040 Park and Trail Plan).

For a buyer, that means a property just outside town may be in New Market Township rather than the city, with different services, road maintenance and rules. Before relying on a listing's "Elko New Market" mailing address, confirm the jurisdiction, utility service and zoning for the parcel with the city and with Scott County records. The planned trail segments and growth-area maps show intent, not construction schedules.

Library and public services

The Elko New Market Library, part of Scott County Library, is at 110 J. Roberts Way (library profile). Check the library for current hours, which are not repeated here. City Hall is at 601 Main Street, as listed on the city's Parks & Recreation page. The city's 2040 Comprehensive Plan page collects the chapters cited in this guide, including park, trail and transportation maps.

Local restaurants

The city sources reviewed for this guide do not publish a restaurant directory. The examples below were checked on their own websites today:

  • Firehouse Grille, 7875 Old Town Road — an American restaurant that describes its location as Highway 2 and Old Town Road (Firehouse Grille; about page).
  • Endzone Bar and Grill, 10491 260th Street East — a sports bar and grill whose menu includes burgers, wings and breakfast items (Endzone; food menu).
  • Alberta's Mexican Restaurant, on Church Street — a Mexican restaurant offering dine-in, takeout and catering (Alberta's; contact page).

This is not a complete list, and business mentions are informational, not endorsements. Check each business directly before visiting.

Schools and address verification

The city's schools page says two public districts serve the Elko New Market area — Lakeville Area Schools (ISD 194) and New Prague Area Schools (ISD 721) — and directs users to its school district map to determine which district applies. The page notes that Eagle View Elementary, within the city, is part of the New Prague district, and that Lakeville's school buildings are located in Lakeville. It also lists Holy Cross Catholic School as a private option.

Because two districts serve the city, the resident district must be confirmed for the exact address. Lakeville publishes district maps and boundaries; New Prague's boundary map is linked from the city schools page. Do not infer an assignment from a nearby school or a listing remark.

For the parcel itself, Scott County property information provides legal descriptions, building features, tax detail and recorded documents; the county notes the information is for reference only.

Continue with current home search, the buying guide, the selling guide, or a property evaluation request. An individual property's current information still needs to be checked separately from this dated city reference.

Frequently asked questions

Why is the city called Elko New Market?

The former cities of Elko and New Market merged. Residents approved the merger with 84% of the vote on March 21, 2006, and it took effect on January 1, 2007. City history.

How many miles of trails does Elko New Market have?

The city Parks & Recreation page currently lists 9.5 miles of trails and 7.5 miles of sidewalks. The 2040 Park and Trail Plan separately reports about 15.3 miles of trails and sidewalks as of 2019 (about 9.0 trail, 6.3 sidewalk). The figures use different dates and should not be combined. City Parks.

Which school district serves Elko New Market?

The city says Lakeville Area Schools (ISD 194) and New Prague Area Schools (ISD 721) both serve the area. Use the city school district map and confirm the resident district for the exact address with the district. City schools page.

What are the Elko New Market housing-market figures?

For the trailing 12 months through October 2026, All Property Types had a $484,070 median sales price (+7.4% year over year), 121 closed sales (+9.0%), 45 median days on market (+32.4%) and 5.4 months supply (+12.5%). Matrix showed 52 active-only listings as of Nov 6, 2026. These dated figures are not a forecast. See the snapshot above for filters and attribution. Sample sizes are small, so year-over-year changes can swing widely.

Is the Census housing value the same as the MLS median sale price?

No. Census reports a $433,100 median value of owner-occupied housing units for 2020–2024. That multiyear housing-stock measure is different from the trailing-period MLS sales median and is not an appraisal of an individual home. Census QuickFacts.

Is there public transit or a park-and-ride in Elko New Market?

The city’s 2040 Transportation Plan says the city is outside the metro transit taxing district and does not anticipate scheduled commuter transit through 2040. It recommends considering a park-and-ride near I-35/CSAH 2 and describes dial-a-ride service; confirm current service with the provider. Transportation Plan.

How does Elko New Market connect to I-35?

According to the city’s plan, CSAH 2 (Main Street/260th Street) provides the only interchange access to I-35 in Scott County, and I-35 lies about one-half mile east of the city limit. Transportation Plan.

Where is the Elko New Market Library?

The Scott County Library branch is at 110 J. Roberts Way. Check the library for current hours. Library profile.

Talk through an address-specific plan

Bryce Schuenke, REALTOR®, eXp Realty; MN Broker #41012271 | WI Salesperson #88518; (651) 302-4812; Info@RealtorBryce.com; 20731 Holyoke Ave Ste 103, Lakeville, MN 55044; www.RealtorBryce.com.

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