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Eagle Lake, MN Real Estate


According to census data in the year 2000 there were 662 housing units in Eagle Lake. This represents a 12.6% growth from 588 in 1990.

Of those housing units, 614 were located in either urbanized areas or urban clusters, and 48 were located in what is classified as a rural area.

Homeownership rate in Eagle Lake is about 84.2%. Eagle Lake's vacancy rate, including seasonal lodging, is about 1.5%. Average household size is 2.73 people.

The majority of houses, apartments or condos in Eagle Lake were built after 1977.

Statistics

Housing Size

Housing Units by Size
Studio Type1.20%
One Bedroom6.60%
Two Bedrooms22.10%
Three Bedrooms46.10%
Four Bedrooms20.80%
Five Bedrooms or more3.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.84
Median year structure was built1977
Median Value of occupied units$110,200
Median Price asked for vacant units$75,000

Rented Homes, Apartments and Condos

Average Household Size2.12
Median year structure was built1977
Median Monthly Rent asked for vacant units$225

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage11.50%
Home Equity Loan15.30%
Simple Mortgage60%
Debt Free13.30%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs18.7%