Home prices
The median home price in Eagle Lake is $184,400. Compared to nearby areas this is roughly $10,540 (6%) higher.In comparison to the entire country it is approximately $33,100 (15%) lower, and compared to the city of Minneapolis is about $67,200 (26%) lower.
Rents
In Eagle Lake the median monthly rent is $1,279. This is about $510 (66%) higher in comparison to its nearby areas.Compared to the United States as a whole it is approximately $217 (20%) higher, and it is approximately $252 (24%) higher in comparison to the city of Minneapolis.
Nearby places
Mankato
Mankato is roughly 3 miles west from Eagle Lake. The real estate prices there are pretty similar. The median home cost in Mankato is $179,400, which works out to $5,000 (2%) lower than Eagle Lake. Rents there are a lot less expensive. In Mankato the median rent is $899 a month, which is $380 (42%) lower than Eagle Lake.
Madison Lake
Madison Lake is roughly 3 miles northeast from Eagle Lake. The housing prices there are somewhat more expensive. The cost of the median home in Madison Lake is $206,600, which works out to $22,200 (10%) higher than Eagle Lake. The rent there is substantially less expensive. Madison Lake's median rent is $732 a month, which is $547 (74%) lower than Eagle Lake.
St. Clair
St. Clair is roughly 5 miles south from Eagle Lake. Housing prices there are a bit less expensive. St. Clair's median home price is $149,100, which works out to $35,300 (23%) lower than Eagle Lake. Its rents are a lot less expensive. In St. Clair the median rent is $633 per month, which is $646 (102%) lower than Eagle Lake.
North Mankato
North Mankato is about 6 miles west of Eagle Lake. The housing prices there are pretty similar. The median home price in North Mankato is $193,400, which comes out to $9,000 (4%) higher than Eagle Lake. Rents there are substantially less expensive. In North Mankato the median monthly rent is $818, which comes out to $461 (56%) lower than Eagle Lake.
Janesville
Janesville is roughly 7 miles east of Eagle Lake. Housing prices there are somewhat less expensive. The cost of the median home in Janesville is $140,800, which comes out to $43,600 (30%) lower than Eagle Lake. Rent there is substantially less expensive. In Janesville the median monthly rent is $763, which is $516 (67%) lower than Eagle Lake.