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HOUSING CHARACTERISTICS <br />Table HC-6 presents data on housing values summarized by nine price range <br />refers to the estimated price point the property would sell if t <br />single-family and townhome properties, value includes both the land and the structure. For <br />condominium units, value refers to only the unit. <br /> <br />Over one-third of the owner-occupied housing stock in Elk River is estimated to be valued <br />between $200,000 and $299,999 (36%). <br /> <br />The median and average owner-occupied home in Elk River is $206,300 and $224,226, <br />respectively. Twenty-three percent of the Elk Rivers home values are valued under <br />$150,000. <br /> <br />TABLE HC-6 <br />UNITS BY VALUE <br />ELK RIVER <br />2013 (5-Year Estimate) <br />Elk River <br />Twin CitiesMN <br />Home Value <br />No.Pct.Pct.Pct. <br />Less than $50,000911.53.56.1 <br />$50,000-$99,9993726.04.410.4 <br />$100,000-$149,99994615.212.016.6 <br />$150,000-$199,9991,55625.022.221.4 <br />$200,000-$299,9992,22935.730.725.0 <br />$3000,000-$499,99995215.319.414.8 <br />Greater than $500,000901.47.85.7 <br />Total6,236100.0100.0100.0 <br />$206,300 <br />Median Home Value$221,493 <br />$187,900 <br />$224,266 <br />Average Home Value$261,926 <br />$222,672 <br />Sources: U.S. Census Bureau - 2013 ACS; <br /> Maxfield Research & Consulting, LLC <br /> <br /> <br />Owner-Occupied Units by Value <br />Elk River - 2013 ACS (5-Year) <br />2,500 <br />2,229 <br />2,000 <br />1,500 <br />1,556 <br />1,000 <br />952 <br />946 <br />372 <br />500 <br />91 90 <br />0 <br />Less than$50k to$100k to$150k to$200k to$250k to$300k+ <br />$50k$99.9k$149.9k$199.9k$249.9k$299.9k <br />Home Value <br /> <br />39 <br />MAXFIELD RESEARCH& CONSULTING, LLC. <br /> <br />