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Eagan, MN Housing Market Trends
In June 2025, Eagan’s housing market showed slight softening, with home prices down 1.4% year-over-year to a median of $414K. Homes continued to sell quickly, averaging 19 days on the market compared to 17 days last year, indicating that demand remains relatively strong despite the price dip. Sales activity was slightly lower, with 76 homes sold compared to 80 last year, suggesting a modest slowdown in transactions. Overall, Eagan remains active, but the slight decrease in both prices and sales volume points to a market that is stabilizing after previous periods of stronger growth.
Eagan is a very competitive housing market, with homes selling quickly, averaging just 16 days on the market. Many properties receive multiple offers, and some buyers are willing to waive contingencies to strengthen their chances, reflecting strong demand and limited inventory. On average, homes sell for about 1% above list price and go pending within the same 16-day timeframe, indicating that buyers are willing to pay slightly more to secure a home. Hot homes, especially those in desirable locations or with sought-after features, sell even faster—often going pending in as little as 8 days and achieving prices up to 3% above list price, highlighting the urgency among motivated buyers.
Eagan, MN is a strong seller’s market in June 2025, meaning buyer demand exceeds the available housing supply, creating highly competitive conditions. Homes are selling quickly, often receiving multiple offers, with some buyers willing to waive contingencies or bid above list price to secure a property. This limited inventory gives sellers a clear advantage, allowing them to maintain strong pricing power and, in many cases, achieve faster sales and higher returns. Buyers, on the other hand, need to act quickly and make competitive offers to stand out in this fast-moving market.
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