The housing median value in Eagle Lake, MN (56024) is $296,300. This is significantly lower than the US House median value of $338,100 - a difference of almost 10%. Although the US shows an 8.27% appreciation rate for housing over the past year, Eagle Lake, MN has appreciated more at 11.33%. This suggests that housing in Eagle Lake is in high demand and continues to be a good investment opportunity for those looking to settle down in this area.
The median home cost in Eagle Lake (zip 56024) is $296,300. Home appreciation the last 10 years has been 70.2%. Home Appreciation in Eagle Lake (zip 56024) is up 11.6%.
Average Age of Homes
- The median age of Eagle Lake (zip 56024) real estate is 29 years old
The Rental Market in Eagle Lake (zip 56024)
- Renters make up 17.6% of the Eagle Lake (zip 56024) population
- 1.5% of houses and apartments in Eagle Lake (zip 56024), 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.