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Eagan, MN—55123

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$478,000
0.6% YoY Growth
Household Income
$134,000
14.1% YoY Growth
Days on Market
24
16.0% Longer YoY
Home Price Forecast
-1.6%
Median Rent
$2,280
1.4% YoY Growth
1-Bed Rent
$1,350
6.1% YoY Growth
2-Bed Rent
$2,280
9.3% YoY Growth
3-Bed Rent
$2,450
3.0% YoY Growth

Other Zip Codes in Eagan, MN

5512255121
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Eagan, MN

As of May '26, the median home price in Eagan, MN is $478,000, with a year-over-year change of 0.6%. This indicates that home prices in Eagan, MN are flat. According to Zillow, the 1-year price projection is -1.6%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$478,0000.6%
Single Family $492,0000.8%
Condos $185,0002.2%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • $171,000
    1.2%
    2 Bed
    		$235,000-0.8%
    3 Bed
    		$422,0000.2%
    4 Bed
    		$508,0000.6%
    5 Bed $648,5950.5%
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    % of Housing Stock

    Studio
    0.7%
    1 Bedroom
    7.6%
    2 Bedrooms
    16.2%
    3 Bedrooms
    24.4%
    4 Bedrooms
    36.4%
    5+ Bedrooms
    14.7%

    Rental Trends — Eagan, MN

    As of July '25, Rentcast reports the average rent in Eagan, MN is $2,140, with a year-over-year rent change of -1.4%. Per bedroom, the median rent as of July '25 in Eagan, MN is studios: $1,230, 1-bedrooms: $1,390, 2-bedrooms: $1,990, 3-bedrooms: $2,430, 4-bedrooms: $2,660. The most common rental property sizes in Eagan, MN are 2-bedroom and 1-bedroom, accounting for 40.2% and 34.7% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$2,280$2,140
    Studio Rent $1,200$1,230
    1 Bed Rent $1,350$1,390
    2 Bed Rent $2,280$1,990
    3 Bed Rent $2,450$2,430
    4 Bed Rent $2,730$2,660
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    % of Rental Stock

    Studio
    2.4%
    1 Bedroom
    34.7%
    2 Bedrooms
    40.2%
    3 Bedrooms
    18.4%
    4 Bedrooms
    2.2%
    5+ Bedrooms
    2.1%

    Property Listings — Eagan, MN

    As of May '26, Realtor.com reports that the median days on market for a home in Eagan, MN is 24. This is a increase of 16.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 23.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$550,0006.0%
    Listing Count
    		8615.0%
    Listings as % of Homes0.3%15.0%
    Days on Market
    		2416.0%
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    Demographics — Eagan, MN

    As of the latest ACS Survey released in 2023, Eagan, MN has a population of 27,300, which has increased by 6.5% over the past 5 years. Eagan, MN is a moderately popular place for families, as children make up 24.4% of the population. The area has a highly educated workforce, with 64.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 23.5% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		27,3006.5%
    % Under 18
    		24.4%-4.7%
    % Seniors
    		13.7%42.7%
    % WFH
    		23.5%221.9%
    % w/ College Degree
    		64.3%6.5%
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    As of the latest ACS Survey released in 2023, Eagan, MN is a predominantly white area, with 76.9% of the population identifying as white. The white population has shrunk by 7.6% in the last 5 years. The second most common race or ethnicity in Eagan, MN is asian, making up 10.3% of the population. Foreign-born residents account for 12.0% of the population in Eagan, MN, and this percentage has increased by 25.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		76.9%-7.6%
    % Black
    		3.6%-12.2%
    % Hispanic
    		6.0%50.0%
    % Asian
    		10.3%41.1%
    % Foreign Born
    		12.0%25.0%
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    Mortgage and Risk — Eagan, MN

    Eagan, MN lacks sufficient mortgage origination data for analysis.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		N/A
    % Conventional Loans
    		N/A
    % Government Loans
    		N/A
    % Investor Loans
    		N/A
    % Second Loans
    		N/A
    % Cash Out Refinance
    		N/A
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    Rentals and Section 8 — Eagan, MN

    As of 2024, the percent of homes in Eagan, MN under the Section 8 program is 3.7%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Eagan, MN, because HUD payments exceed market rent, while 2-bedroom units do not.

    Section 8 Market Size

    Total Units under HUD
    		61
    Total Units Section 8
    		61
    % Rentals under Section 8
    		3.7%
    % Occupied Section 8
    		97.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$200$1,350$1,550
    2 Bedroom-$390$2,280$1,890
    3 Bedroom$70$2,450$2,520
    4 Bedroom$90$2,730$2,820

    Affordability — Eagan, MN

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.4
    Median Home Price$478,000
    Median Household Income$134,000

    Eagan, MN — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Eagan, MN

    55121

    Eagan, MN

    55122

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    Frequently Asked Questions