The housing in Eagle Lake, MN is quite valuable compared to the US median value of $338,100. The median value in Eagle Lake is $291,300, and the appreciation rate in the past year has been 11.33%, nearly three percentage points higher than the national average of 8.27%. This is a great indicator of a healthy housing market and suggests that now may be a great time to invest in real estate in Eagle Lake.
The median home cost in Eagle Lake is $291,300. Home appreciation the last 10 years has been 70.2%. Home Appreciation in Eagle Lake is up 11.6%.
Average Age of Homes
- The median age of Eagle Lake real estate is 27 years old
The Rental Market in Eagle Lake
- Renters make up 19.1% of the Eagle Lake population
- 1.7% of houses and apartments in Eagle Lake, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.