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EAGLE LAKE, MN 56024

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The EAGLE LAKE, MN real estate market (56024) currently shows 8 active listings, with 2 pending sales. Homes are averaging 57 days on the market before going under contract.

Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.

Homes are selling faster, averaging 57 days on market compared to 142 days last year.

The median listing price has fallen 13.9% year-over-year, from $435,425 to $374,900.

Whether you are buying or selling in EAGLE LAKE, MN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 3,559  ·  Density: 74.1/mi²  ·  Median household income: $87,227

Typical home value: $240,076  ·  Homeownership: 70.4%

Market Overview

Active Listings
8
⇧ 100% vs 4 last year
Pending
2
25% pending ratio
Median Price
$374,900
⇩ 13.9% vs $435,425 last year
Average Price
$413,913
⇩ 5% vs $435,800 last year
Days on Market
57
⇩ 59.9% vs 142 days last year

Price Per Square Foot

Median $/sqft
$180
⇧ 11.1% vs $162/sqft last year
Median Home Size
2,670 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 8 this year vs 4 last year
  • Days on market: 57 now vs 142 last year

Median & Average Pricing

Year over Year
  • Median: $374,900 (-13.9% YoY)
  • Average: $413,913 (-5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 23.7 miles — 141 listings ($50,485,223 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56024Eagle Lake, MN 560240.0 mi12$5,391,756$424,900$449,313
56063Madison Lake, MN 560635.0 mi16$7,140,656$286,950$446,291
56048Janesville, MN 560487.3 mi6$2,123,226$297,450$353,871
56050Kasota, MN 560509.3 mi3$1,192,200$397,400$397,400
56017Cleveland, MN 5601711.0 mi8$3,735,520$314,900$466,940
56037Good Thunder, MN 5603713.5 mi4$1,272,900$316,950$318,225
56065Mapleton, MN 5606515.2 mi8$2,130,488$199,900$266,311
56093Waseca, MN 5609317.3 mi23$5,717,271$219,900$248,577
56057Le Center, MN 5605718.2 mi7$2,216,431$302,450$316,633
56068Minnesota Lake, MN 5606819.8 mi3$452,250$150,750$150,750
56058Le Sueur, MN 5605820.8 mi16$6,688,800$400,000$418,050
56074Nicollet, MN 5607421.4 mi5$1,839,875$381,950$367,975
56069Montgomery, MN 5606923.7 mi30$10,583,850$345,400$352,795

Frequently Asked Questions

How many homes are for sale in EAGLE LAKE, MN 56024?

As of February 2026, there are 8 active listings in EAGLE LAKE, MN (zip code 56024), compared to 4 the prior year.

What is the median home price in EAGLE LAKE, MN 56024?

The median listing price in EAGLE LAKE, MN 56024 is $374,900 as of February 2026, a 13.9% decrease from $435,425 the prior year.

How long do homes stay on the market in EAGLE LAKE, MN?

Homes in EAGLE LAKE, MN 56024 spend an average of 57 days on the market before going under contract, compared to 142 days the prior year.

Is it a seller's or buyer's market in EAGLE LAKE, MN 56024?

Based on current inventory and days-on-market data as of February 2026, EAGLE LAKE, MN 56024 is currently a Balanced Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are selling faster, averaging 57 days on market compared to 142 days last year.

How much can I save on real estate commission in EAGLE LAKE, MN?

With SELL123.com's maximum 3% commission, sellers in EAGLE LAKE, MN 56024 save an estimated $7,498 compared to a typical 5% commission on the median listing price of $374,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.