Eagle Bend, MN56446

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$230,000
1.0% YoY Growth
Median Household Income
$54,500
31.8% 5-Year Growth
Days on Market
58
15.0% Longer than last year
Home Price Forecast
N/A
Median Rent
$845
14.3% YoY Growth
1-Bed Rent
$685
3.8% YoY Growth
2-Bed Rent
$1,200
0.0% YoY Growth
3-Bed Rent
N/A
N/A

Property Listings — Eagle Bend, MN

As of Oct '25, Realtor.com reports that the median days on market for a home in Eagle Bend, MN is 58. This is a increase of 15.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$296,00069.0%
Listing Count
10119.0%
Listings as % of Homes0.7%119.0%
Days on Market
5815.0%
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Demographics — Eagle Bend, MN

As of the latest ACS Survey released in 2023, Eagle Bend, MN has a population of 1,500, which has increased by 6.8% over the past 5 years. Eagle Bend, MN is a popular place for families, as children make up 27.5% of the population. The area has a poorly educated workforce, with 7.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.5% reporting working from home.

MetricLatest CensusYoY % Change
Population
1,5006.8%
% Under 18
27.5%35.5%
% Seniors
22.9%2.7%
% WFH
9.5%86.3%
% w/ College Degree
7.7%-23.0%
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As of the latest ACS Survey released in 2023, Eagle Bend, MN is a predominantly white area, with 86.2% of the population identifying as white. The white population has shrunk by 9.4% in the last 5 years. The second most common race or ethnicity in Eagle Bend, MN is hispanic, making up 2.7% of the population. Foreign-born residents account for 0.7% of the population in Eagle Bend, MN, and this percentage has decreased by 56.2% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
86.2%-9.4%
% Black
0.2%0.0%
% Hispanic
2.7%92.9%
% Asian
0.4%-33.3%
% Foreign Born
0.7%-56.2%
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Mortgage and Risk — Eagle Bend, MN

According to HUD data as of 2023, there were 33 mortgage originations in Eagle Bend, MN, of which 64.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Eagle Bend, MN. Investor activity is low, as 3.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
33
% Conventional Loans
64.0%
% Government Loans
36.0%
% Investor Loans
3.0%
% Second Loans
0.0%
% Cash Out Refinance
15.0%

Loan Activity

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Rentals and Section 8 — Eagle Bend, MN

Eagle Bend, MN lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
8
Total Units Section 8
8
% Rentals under Section 8
N/A
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$55$685$740
2 Bedroom-$270$1,200$930
3 BedroomN/AN/A$1,290
4 BedroomN/AN/A$1,340

Affordability — Eagle Bend, MN

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.8
Median Home Price$230,000
Median Household Income$54,500

Eagle Bend, MN — ZIP Code Boundary Map

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Frequently Asked Questions