Commercial Real Estate Market in Eagle Lake, MN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
10 active listings and 58 off-market properties in Eagle Lake, MN.
Market Trends
Eagle Lake, MN spans 18.6 square miles in Blue Earth County, Minnesota. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Eagle Lake, MN runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Eagle Lake, MN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Eagle Lake, MN runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily vacancy in Eagle Lake, MN runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
Eagle Lake, MN has 3,580 residents in 1,343 households. Density runs 193 people per square mile. Median household income here is $96,667 and median gross rent $1,405 a month.
3,580
Population
1,343
Households
2.7
Avg Household Size
33
Median Age
37%
College-Educated
97%
High-School Grad
18.6 sq mi
ZIP Area
193
Density / Sq Mi
$96,667
Median Household Income
$50,869
Median Earnings
$1,405
Median Rent
$259,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Madison Lake | — | — |
| North Mankato | — | $23.33 |
| Mankato | — | $10.50 |
| Saint Clair | — | — |
Methodology & data sources
- Asking prices and averages
- Computed from 10 active for-sale and 0 active for-lease listings in Eagle Lake, MN. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
