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Eagle Lake

Eagle Lake

Located in Blue Earth County

$341,921 Average Value
$163 Average Price per Sq Ft
5 Homes For Sale

A close-knit community and easy access to Mankato in Eagle Lake

Winding streets lined with maples and oaks lie throughout the small town of Eagle Lake. Just 7 miles from downtown Mankato, Eagle Lake is a quiet bedroom community with easy access to major roads and plentiful room for outdoor recreation. “We have a wonderful, neighborly community here in Eagle Lake,” says Jenna Mohr, a Realtor with RE/MAX Dynamic Agents and owner of The Home Team who has lived in the area for her whole life. “Around every corner, there’s a familiar face, and people look out for each other. A lot of people who were raised here end up staying or moving back here later in life. When someone is in need, people volunteer their time to help. Neighbors help neighbors.”

Historic bungalows and brand-new subdivisions

Farmhouses and bungalows surrounding Parkway Avenue date back to the late 19th and early 20th centuries, while most of the area’s split-levels, Colonial Revivals and ranch-style homes were built between the 1960s and the early 2000s. New subdivisions are continuing to develop in Eagle Lake, with some brand-new townhomes and single-family builds on the south side of town. Many homes have attached two-car garages, fenced-in back yards and quarter-acre lots. Homes range from $160,000 to $530,000, with prices increasing with square footage and newer builds.

Dual enrollment at Mankato East Senior High

Many of the city’s homes are within a mile of Eagle Lake Elementary School, which earns an A-minus grade from Niche. The B-rated Prairie Winds Middle School is a short drive away. Mankato East Senior High School receives a B-plus and has a variety of extracurriculars, from Knowledge Bowl and Math League to Drama Club and Debate. Students can also earn dual credit by taking concurrent enrollment courses through South Central College or Minnesota State University.

Sports facilities and a popular walking and biking trail

Lake Eagle Park has a playground, walking paths, a dog park and facilities for baseball and baseball. In the winter months, the basketball court is converted into an ice hockey rink. The community’s namesake lake lies just north of town. Eagle Lake Park has a boat ramp, a dock and open field space. Nearby, the paved Sakatah Singing Hills State Trail winds for 39 miles through nearby towns like Elysian and Waterville, connecting with the Minnesota River Trail to the west. The trail is ideal for horseback riding, walking, biking and horseback riding and passes by lakeside parks, natural areas and picnic areas.

Tator Days and Summer Sounds in Eagle Lake

Tator Days is an annual, week-long tradition in Eagle Lake. Each July, the event hosts sports tournaments, live music, food vendors, a 5k run and a parade. Eagle Lake Summer Sounds is a free concert series where locals bring camp chairs and blankets to Lake Eagle Park to enjoy music and burgers.

A local watering hole and access to major shopping centers

While Eagle Lake is largely residential, there are a few businesses along Parkway Avenue, including banks, a dentist's office and a beauty salon. Eagle’s Nest serves as the local watering hole and offers pub fare and pizza. The eatery is known for its 2-pound Duke Burger, which serves four to six people. Casey’s is a nearby option for take-out pizza. “I often joke that Eagle Lake is closer to Mankato than Mankato itself,” Mohr says. “Because it’s a shorter drive to downtown compared to some of the suburbs on the outskirts. We’re very much our own community, but we have the convenience of being only minutes from the city.” The community is less than 5 miles from Minnesota state Highway 22 in Mankato, which is lined with shopping centers and eateries. River Hills Mall has over 70 shops and restaurants, from large department stores to quaint clothing boutiques. Sam’s Club, ALDI and Walmart are nearby options for groceries.

Driving to downtown Mankato

Drivers can take either 216th Street or United States Route 14 around 7 miles west to downtown Mankato. Minneapolis-Saint Paul International is the nearest airport offering commercial flights, roughly 80 miles north.

Jillian Pillow
Written By
Jillian Pillow

Interested in learning more about homes in this area? Reach out to Erik Jensen, an experienced agent in this area.

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Eagle Lake Housing Trends

Housing Trends

Median List Price
$349,900
Median Sale Price
$349,000
Median Single Family Sale Price
$349,000
Median Townhouse Sale Price
$367,140
Median Change From 1st List Price
0%
Last 12 months Home Sales
66
Median Home Sale Price YoY Change
2%
Average Price Per Sq Ft
$163

Neighborhood Facts

Number of Homes for Sale
5
Months of Supply
0.90

Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Eagle Lake Has More Owners

Demographics

Total Population
3,266
Median Age
35
Population under 18
27.6%
On par with the national average
23.8%
Population over 65
14.4%
On par with the national average
19.1%

Finances

Median Household Income
$82,571
Above the national average
$71,702
Average Household Income
$94,999

Education and Workforce

High School Graduates
97.4%
Above the national average
89.1%
College Graduates
33%
Advanced Degrees
9%
% Population in Labor Force
79.6%
Above the national average
65.1%

Weather

Annual Precipitation
35''
Average Winter Low Temperature
6°F
Average Summer High Temperature
82°F
Annual Snowfall
21''

Area Factors

Somewhat Bikeable

Bike Score®®

32 / 100

Car-Dependent

Walk Score®®

25 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Eagle Lake
Erik Jensen
AMERICAN WAY REALTY
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