Is Eagle Bend, MN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Eagle Bend is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Eagle Bend was a Neutral Market.

Key Takeaway

Eagle Bend is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Eagle Bend, MN

How much do homes in Eagle Bend, MN cost?

Median Sold Price

$180,000

$127/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$127,000(+239.6%)

Key Takeaway

Homes in Eagle Bend have sold for 239.6% more than they did a month ago.

Summary: The median home sold price in Eagle Bend was $180,000 in November 2024, up 239.6% from last month, and the median price per square foot was $127.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$110K
N/A
3 --
N/A
4 $53K$250K
+371.7%
5+ --
N/A

Summary: Eagle Bend housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 371.7%, and 5+ bedroom homes did not change.

Housing Supply in Eagle Bend, MN

How many homes are available in Eagle Bend, MN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
770.0%

Summary: The Eagle Bend real estate market had 7 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 11
0.0%
3 22
0.0%
4 32
-33.3%
5+ 01
+100.0%

Summary: The Eagle Bend housing inventory by bedroom type for November 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 decreased by 33.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Eagle Bend, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Eagle Bend in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Eagle Bend, MN

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

Average Sale Time

Oct 2024Nov 2024CHANGE
70 Days33 Days-52.1%

Summary: Homes in Eagle Bend had an average of 33 days on market in Nov 2024, down by 52.1% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Eagle Bend has remained consistent over time.

Summary: During November 2024, 2 homes were sold in Eagle Bend; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 21 Days Ago

Newest Listings in Eagle Bend, MN

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