Sleepy Eye, MN Housing Market

The Sleepy Eye housing market is very competitive. The median sale price of a home in Sleepy Eye was $113K last month, down 52.6% since last year. The median sale price per square foot in Sleepy Eye is $80, down 35.0% since last year.

Trends
Demand
Migration
Schools
Climate

Sleepy Eye Housing Market Trends

What is the housing market like in Sleepy Eye today?

In October 2024, Sleepy Eye home prices were down 52.6% compared to last year, selling for a median price of $113K.

$113K

Sale Price

-52.6%
since last year

$80

Sale $/Sq. Ft.

-35.0%
since last year

Under List Price

3.1%

Days on Market

Down Payment

—

Total Homes Sold

To compare other locations to the Sleepy Eye and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Sleepy Eye add value to a home.

How hot is the Sleepy Eye housing market?

Sleepy Eye is very competitive. Homes sell in 32 days.

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 3% below list price and go pending in around 32 days.
Hot homes
can sell for around list price and go pending in around 12 days.

Compare With Nearby Cities

New Ulm

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% below list price and go pending in around 18 days.
Hot homes
can sell for about 1% above list price and go pending in around 7 days.

Springfield

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 5% below list price and go pending in around 37 days.
Hot homes
can sell for about 1% above list price and go pending in around 6 days.

See more nearby cities and neighborhoods

Sleepy Eye Migration & Relocation Trends

No data on migration and relocation available in this area right now

Learn about migration trends in nearby cities

View houses in Sleepy Eye that sold recently

Recently sold homes

SOLD DEC 13, 2024
$68,000 Last Sold Price
2 beds
2 baths
—sq ft
210 Elm St NE, Sleepy Eye, MN 56085
List Price
$75,000
Sale to List
9% under list
Days on Market
73 days
210 Elm St NE, Sleepy Eye, MN 56085
SOLD DEC 4, 2024
$317,500 Last Sold Price
5 beds
2 baths
3,200 sq ft
614 NE 4th Ave, Sleepy Eye, MN 56085
List Price
$317,500
Sale to List
0% over list
Days on Market
65 days
614 NE 4th Ave, Sleepy Eye, MN 56085
SOLD DEC 2, 2024
$154,900 Last Sold Price
3 beds
2 baths
—sq ft
304 4th Ave NW, Sleepy Eye, MN 56085
List Price
$154,900
Sale to List
0% over list
Days on Market
69 days
304 4th Ave NW, Sleepy Eye, MN 56085
SOLD DEC 2, 2024
$65,000
4 beds
2 baths
936 sq ft
720 Water St SW, Sleepy Eye, MN 56085
List Price
—
Sale to List
—
Days on Market
—
720 Water St SW, Sleepy Eye, MN 56085
SOLD NOV 12, 2024
$245,000
3 beds
2 baths
1,600 sq ft
713 3rd Ave NE, Sleepy Eye, MN 56085
List Price
—
Sale to List
—
Days on Market
—
713 3rd Ave NE, Sleepy Eye, MN 56085
SOLD NOV 12, 2024
$220,000 Last Sold Price
3 beds
1 bath
—sq ft
28776 290th Ave, Sleepy Eye, MN 56085
List Price
$225,000
Sale to List
2% under list
Days on Market
64 days
28776 290th Ave, Sleepy Eye, MN 56085
SOLD NOV 8, 2024
$350,000
3 beds
1 bath
1,314 sq ft
507 Carroll St NE, Sleepy Eye, MN 56085
List Price
—
Sale to List
—
Days on Market
—
507 Carroll St NE, Sleepy Eye, MN 56085
SOLD NOV 4, 2024
$321,000 Last Sold Price
4 beds
2 baths
2,038 sq ft
29349 280th Ave, Sleepy Eye, MN 56085
List Price
$319,000
Sale to List
1% over list
Days on Market
26 days
29349 280th Ave, Sleepy Eye, MN 56085
See all recently sold homes in Sleepy Eye.
See listings

Schools in Sleepy Eye

Learn about schools in the Sleepy Eye area

Elementary
Middle
High

GreatSchools Rating

7/10

Sleepy Eye Elementary School

Public • PreK-6

323

Students

3 reviews

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Climate's impact on Sleepy Eye housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Sleepy Eye.

Wind Factor - Minor

100% of properties are at minor risk of a severe wind event over the next 30 years

Heat Factor - Minor

100% of properties are at minor risk of heat over the next 30 years

Provided by First Street Foundation

More real estate resources for Sleepy Eye

New Listings in Sleepy Eye

Zip Code Housing Markets

56085 Housing Market

Nearby City Housing Markets

Zip Code Listings

56085 Real Estate

Nearby City Listings

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