Eagle Bend Real Estate Market Extends Weakening in Contracts

The Eagle Bend market saw sales remain consistent with one home sold over the last 30 days and is also under a determined downward trend in the number of contracts closing, with this week's number falling to zero. The median sales price dropped dramatically to $89,900 over the latest reporting period for Eagle Bend, down from $135,500. Despite the falling contracts numbers, there is only one month of inventory remaining, indicating that Eagle Bend is a still definite seller's market.

Get started right now by checking out Eagle Bend homes for sale or reviewing Eagle Bend real estate trends.

Demographic facts for Eagle Bend:

  • The median value of all homes in the area is $63,400.
  • Average number of rainy days is 101 per year. (U.S. average: 100)
  • The area's unemployment rate is 5.8%.
  • The student-to-teacher ratio is 13.2:1. (15.3:1 = national average)

Data reported through 10/19/2016

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