Morgan Leone
Eagan Real Estate
Morgan Leone provides a warm, educational approach to real estate in Eagan, Minnesota. This local guide helps buyers and sellers navigate the Eagan market with confidence and personal attention.
Eagan offers a balanced landscape of residential options. About 50% of homes are single-family detached properties according to the U.S. Census Bureau, American Community Survey (2020–2024 ACS 5-year estimates). The area features a mix of established neighborhoods and modern developments, with a median year built of 1988 (U.S. Census Bureau, 2020–2024 ACS 5-year estimates).
Morgan Leone assists clients with single-family homes, townhouses, and new construction throughout the city. As a local professional, Morgan stays present through every phase of the transaction. Clients work directly with Morgan from the initial search through the final closing without being handed off to other staff.
The local market remains steady with a one-year home price change in Dakota County of +1.5% (Federal Housing Finance Agency House Price Index, 2024 to 2025). This stability makes Eagan an important focus for first-time buyers and those seeking investment properties. Morgan uses experience in military loans and seller representation to help clients make informed financial decisions.
By the numbers
Eagan, MN at a glance
| Population2020–2024 ACS 5-year estimates | 68,000 |
|---|---|
| Housing units2020–2024 ACS 5-year estimates | 28,789 |
| Median home value (owner-occupied)2020–2024 ACS 5-year estimates | $397,100 |
| Median monthly rent2020–2024 ACS 5-year estimates | $1,679 |
| Median annual property tax paid2020–2024 ACS 5-year estimates | $3,826 |
| Homes that are owner-occupied2020–2024 ACS 5-year estimates | 68% |
| Homes that are single-family detached2020–2024 ACS 5-year estimates | 50% |
| Median year homes were built2020–2024 ACS 5-year estimates | 1988 |
| Commutes under 30 minutes2020–2024 ACS 5-year estimates | 72% |
| Home price change, 1 year (Dakota County)2024 to 2025 | +1.5% |
| Home price change, 5 years (Dakota County)2020 to 2025 | +32.3% |
| Average 30-year fixed mortgage rate (U.S.)week of 2026-09-24 | 7.03% |
| Average 30-year fixed mortgage rate a year earlier (U.S.)week of 2025-09-18 | 6.26% |
Sources: U.S. Census Bureau, American Community Survey; Federal Housing Finance Agency House Price Index; Freddie Mac Primary Mortgage Market Survey. Published estimates for the area as a whole, not a valuation of any property.
FAQ
Frequently asked questions
What is the median home value in Eagan?↓
The median home value for owner-occupied units in Eagan is $397,100 (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates). This figure reflects the diverse housing stock available across the city. Morgan Leone helps buyers analyze these values to find properties that fit their specific budget.
Is Eagan a good location for commuters?↓
Eagan is well-positioned for those working in the Twin Cities metro area. Data shows that 72% of commutes are under 30 minutes (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates). Morgan Leone provides relocation services for those moving to the area for work.
What kind of property taxes should I expect in Eagan?↓
The median annual property tax paid by homeowners in Eagan is $3,826 (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates). Tax amounts vary based on specific property valuations and local assessments. Morgan Leone reviews these costs with clients during the education process.
What is the current mortgage rate environment in Eagan?↓
For the week of 2026-09-24, the average 30-year fixed mortgage rate in the U.S. is 7.03% (Freddie Mac Primary Mortgage Market Survey). This is an increase from the year earlier rate of 6.26% (Freddie Mac Primary Mortgage Market Survey, week of 2025-09-18). Morgan Leone guides clients through these rate fluctuations to determine purchasing power.
How many homes in Eagan are owner-occupied?↓
Approximately 68% of homes in Eagan are owner-occupied (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates). The city contains a total of 28,789 housing units (U.S. Census Bureau, 2020–2024 ACS 5-year estimates). Morgan Leone works with both owner-occupants and investors interested in this rental and ownership mix.
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