Eagle Lake, MN Foreclosures
How much do homes sell for in Eagle Lake, MN?
The average home price is currently $373,470.
In Eagle Lake, MN, how many homes are available?
There are currently 4 active home listings available in Eagle Lake.
What’s the average rental cost in Eagle Lake, MN?
The average rental price in Eagle Lake is $1,605.
What is the most expensive home in Eagle Lake?
The most expensive home sold in Eagle Lake had a price of $2,065,977.
What is currently the cheapest priced home in Eagle Lake, MN?
The cheapest home for sale in Eagle Lake is priced at $14,400.
Living in Eagle Lake, MN
Eagle Lake, Minnesota is a charming small town known for its strong community spirit and beautiful lake views. Nestled in the heart of southern Minnesota, it offers a peaceful lifestyle while being conveniently located near larger cities for additional amenities. Residents enjoy a mix of outdoor and recreational activities, along with family-friendly events throughout the year.
Current Market Conditions in Eagle Lake, MN
The real estate market in Eagle Lake, MN is currently experiencing a steady increase in home values, largely driven by the area's appeal to families and retirees alike. The quiet atmosphere, combined with various community amenities, has made it a desirable location to live.
Over the past few months, inventory has tightened, resulting in fewer homes available on the market. This has caused many homes to sell quickly, often above the asking price, reflecting a seller's market that is gaining traction in Eagle Lake.
Home Value Estimator For Eagle Lake, MN
There are currently 1,078 real estate properties
in Eagle Lake, MN,
with a median automated valuation model (AVM) price
of $340,411.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Eagle Lake, MN, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Eagle Lake, MN,
is $373,470.00, with the most expensive house
in Eagle Lake, MN, topping out
at $2,065,977.00 and the cheapest home
in Eagle Lake, MN,
clocking in at $14,400.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Eagle Lake, MN!
Rent Prices
In Eagle Lake, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Eagle Lake, MN, is on
a rollercoaster ride. The
average rent price in Eagle Lake, MN,
is $1,605.00. Indeed, when looking to rent in
Eagle Lake, MN, you can expect to pay as little
as $870.00 or as much
as $3,520.00,
with the average rent median estimated to
be $1,560.00. The good news is that finding
an affordable and desirable property to rent in Eagle Lake, MN
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
