The housing in Eagle Lake township, MN is quite lucrative; the median value of houses in the area is $470,600, which is significantly higher than the US House Median Value of $338,100. Furthermore, over the past year, house appreciation in Eagle Lake township has been 7.97%, just slightly lower than the national average of 8.27%. All this suggests that the housing market in Eagle Lake township is strong and a great investment opportunity for those looking to purchase or invest in property.
The median home cost in Eagle Lake township (Otter Tail County) is $470,600. Home appreciation the last 10 years has been 75.5%. Home Appreciation in Eagle Lake township (Otter Tail County) is up 13.6%.
Average Age of Homes
- The median age of Eagle Lake township (Otter Tail County) real estate is 41 years old
The Rental Market in Eagle Lake township (Otter Tail County)
- Renters make up 4.8% of the Eagle Lake township (Otter Tail County) population
- 0.0% of houses and apartments in Eagle Lake township (Otter Tail County), 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.