April 2024

Eagle Lake Housing Market Report Blue Earth County, Minnesota

Report Updated 19 Days Ago

Housing Prices in Eagle Lake, MN

How much do homes in Eagle Lake, MN cost?

Median List Price

$374,999

$171/sqft

Based on all homes listed in the last 12 months.

Difference Since April 2023

+$76,249(+25.5%)

Key Takeaway

The list price of homes in Eagle Lake has increased by 25.5% since last year.

Summary: The median home list price in Eagle Lake was $374,999 in April 2024, up 25.5% from the previous year, and the median price per square foot was $171.

Median List Price By Bedroom Count

# BEDS# BEDROOMS	Apr 2023	Apr 2024	CHANGE
1 Bedroom	$109.9K	-	N/A
2 Bedrooms	$105K	$380K	+261.9%
3 Bedrooms	$259.9K	$279.4K	+7.5%
4 Bedrooms	$314.9K	$367.4K	+16.7%
5+ Bedrooms	$484.9K	$475K	-2.0%

Summary: Eagle Lake housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 261.9%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 2%.

Median List Price Compared To Nearby Cities

CITY	Apr 2023	Apr 2024	CHANGE
Eagle Lake	$298.7K	$374.9K	+25.5%
Mankato Township	$289.9K	$307.7K	+6.1%

Housing Supply in Eagle Lake, MN

How many homes are available in Eagle Lake, MN?

Number of Homes For Sale

Mar 2024	Apr 2024	CHANGE
6	9	+50.0%

Summary: The Eagle Lake real estate market had 9 homes for sale in April 2024, a 50.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDS# BEDROOMS	Mar 2024	Apr 2024	CHANGE
1 Bedroom	0	0	0.0%
2 Bedrooms	2	2	0.0%
3 Bedrooms	1	1	0.0%
4 Bedrooms	2	4	+100.0%
5+ Bedrooms	1	2	+100.0%

Summary: The Eagle Lake housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.

Days on Market for Eagle Lake, MN

How long does it take to sell a home in Eagle Lake, MN?

Average Listing Age

Apr 2023	Apr 2024	CHANGE
95 Days	61 Days	-35.0%

Summary: Homes in Eagle Lake had an average listing age of 61 days in Apr 2024, down by 35% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 19 Days Ago

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Newest Listings in Eagle Lake, MN

What homes are available in Eagle Lake, MN?

See More Listings

$579,000

$6,876 Closing Credit

3,140 SqFt

1002 Timberidge Trl, Eagle Lake MN, 56024

Listing Office:

CENTURY 21 Atwood

3 bedrooms, 2 full baths, 1 partial house for sale

$439,900

$5,224 Closing Credit

2 Full, 1 Partial

2,073 SqFt

59953 206th St, Le Ray Twp MN, 56024

Listing Office:

Home Run Realty

$515,000

$6,116 Closing Credit

2,760 SqFt

437 Thomas Dr, Eagle Lake MN, 56024

Listing Office:

True Real Estate

$800,000

Land

XXX 602nd Ave, Le Ray Twp MN, 56024

Listing Office:

Keller Williams Preferred Rlty

4 bedrooms, 2 full baths, 1 partial house for sale

$399,900

$4,749 Closing Credit

2 Full, 1 Partial

2,392 SqFt

165 Creekside Dr, Eagle Lake MN, 56024

Listing Office:

Savvy Avenue, LLC

$509,900

$6,055 Closing Credit

2,967 SqFt

310 Falcon Run, Eagle Lake MN, 56024

Listing Office:

eXp Realty

$399,900

$4,749 Closing Credit

1,611 SqFt

307 Falcon Run, Eagle Lake MN, 56024

Listing Office:

eXp Realty

2 bedrooms, 2 full baths townhouse for sale

$380,000

$4,513 Closing Credit

1,529 SqFt

100 Connie Ln, Eagle Lake MN, 56024

Listing Office:

RE/MAX Dynamic Agents

Nearby Markets to Eagle Lake, MN

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Based on information from NorthStar of Minnesota / Regional Multiple Listing Service of Minnesota Inc. for the period 05/01/2022 - 05/01/2024

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Last updated on: 5/20/2024, 1:22:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.