Zip 56024 (Eagle Lake, MN) Housing


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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.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingEagle Lake, MinnesotaUnited States
  1,258.0139,647,020.0
  3042
  $296,300$338,100
  11.6%16.6%
  43.0%57.0%
  70.2%101.1%
  $10.40$10.98
  $2,241$2,690
  65.2%57.4%
  1.5%11.2%
  33.3%31.4%
  Vacant Housing
  1.5%1.9%
  0.0%0.4%
  0.0%0.7%
  0.0%0.4%
  0.0%3.6%
  0.0%4.1%
  Value of Owner-Occupied Housing
  3.9%2.6%
  0.4%2.4%
  0.0%2.8%
  1.7%3.9%
  2.1%4.5%
  10.5%11.3%
  25.0%13.0%
  33.3%20.1%
  13.7%13.6%
  3.3%8.3%
  2.3%9.7%
  0.6%3.9%
  2.4%2.2%
  0.9%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  22.2%13.6%
  22.2%13.6%
  9.2%13.6%
  10.8%13.2%
  18.1%14.8%
  9.2%13.6%
  6.1%10.0%
  3.7%4.7%
  7.6%12.2%
Commute