The typical owner-occupied home in Eagle Bend is worth about $99,100, 70% below the Minnesota median of $329,300 and 70% below the national median of $332,700. Owners pay a median $1,343 a year in property taxes, about 1.36% of their home's value, higher than the Minnesota rate of 1.02%. The median household earns $49,559 a year, so the median home costs 2.0 times the median income (3.7 times for Minnesota). 83% of occupied homes here are lived in by their owners, and 54% of those owners still have a mortgage.
Eagle Bend at a glance
| Eagle Bend | Minnesota | U.S. | |
|---|---|---|---|
| Median home value | $99,100 | $329,300 | $332,700 |
| Median property tax paid per year | $1,343 | $3,357 | $3,119 |
| Property tax as a share of value | 1.36% | 1.02% | 0.94% |
| Median household income | $49,559 | $89,062 | $80,734 |
| Homes lived in by their owners | 83% | 72% | 65% |
| Owner homes with a mortgage | 54% | 64% | 61% |
| Median monthly costs, owners with a mortgage | $897 | $1,947 | $1,963 |
| Those costs as a share of the owners' income | 20.8% | 19.7% | 21.0% |
| Median rent | $692 | $1,280 | $1,413 |
| Rent as a share of renters' income | 26.5% | 29.2% | 30.6% |
| Median year homes were built | 1945 | 1979 | 1980 |
| Vacant homes | 13.0% | 9.3% | 10.1% |
| Population | 597 | 5,739,445 | 334,922,499 |
What a typical home costs per month in Eagle Bend
At this week's average 30-year rate of 7.11%, buying the median Eagle Bend home of $99,100 with 20% down costs about $687 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $852, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $29,440 for the 20%-down payment. That payment is 17% of the median Eagle Bend household income of $49,559; at that income and 20% down, the 28% guideline points to a home of about $167,000.
The median rent here is $692 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $19,820 |
|---|---|
| Loan amount | $79,280 |
| Principal and interest | $533 |
| Property taxes (1.36% a year) | $112 |
| Homeowners insurance (our estimate, 0.5% a year) | $41 |
| PMI | $0 |
| Total per month | $687 |
Change the numbers in the calculator
| Down payment | $3,468 |
|---|---|
| Loan amount | $97,305 |
| Principal and interest | $655 |
| Property taxes (1.36% a year) | $112 |
| Homeowners insurance (our estimate, 0.5% a year) | $41 |
| FHA mortgage insurance | $44 |
| Total per month | $852 |
Change the numbers in the calculator
Questions about home buying in Eagle Bend
What is the median home value in Eagle Bend?
About $99,100 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Eagle Bend?
Homeowners pay a median $1,343 a year, which is about 1.36% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Eagle Bend?
For the median home with 20% down at 7.11%, the payment is about $687 a month. Keeping that under 28% of gross income takes about $29,440 a year.
More about Eagle Bend
- Mortgage Refinance in Eagle Bend
- Debt Relief in Eagle Bend
- Home Equity Loans in Eagle Bend
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data