The housing market in Eagan, MN is performing well despite the effects of the pandemic. The median value for housing in Eagan is $357,100 which is slightly higher than the US median house value at $338,100. Within a one year period, the US experienced an 8.27% growth in house appreciation while Eagan had a 4.71% growth rate. This shows that homes in Eagan are holding their value and are still desirable to buyers. The low appreciation rate also indicates that home prices may not be rising too quickly which could make it more affordable for potential buyers to purchase a home in the area.
The median home cost in Eagan is $357,100. Home appreciation the last 10 years has been 85.8%. Home Appreciation in Eagan is up 9.2%.
Average Age of Homes
- The median age of Eagan real estate is 31 years old
The Rental Market in Eagan
- Renters make up 28.8% of the Eagan population
- 0.8% of houses and apartments in Eagan, 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.