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Sleepy Eye Public

Learn about the people, housing, costs and businesses in Sleepy Eye Public, Minnesota

Median Home$140,172
Median Rent$749/month
Population6,455
Leading IndustriesFinance & Insurance · Information & Media · Transportation9% finance & insurance
Home Value Growth-3.2% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners80% of occupied units
NotableAffordable Market$140k median home · lower cost than 87% of the country
Sleepy Eye Public
MN

Explore Sleepy Eye Public

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Sleepy Eye Public?

As of today, the 30-year fixed mortgage rate for Sleepy Eye Public is approximately 7.099% (7.145% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Sleepy Eye Public?

The median home value in Sleepy Eye Public is $140k. The median monthly rent is $749. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Sleepy Eye Public?

Home values in Sleepy Eye Public have decreased 3.2% over the past two years. Buyers may find more negotiating room in this market. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Sleepy Eye Public?

Based on a typical all-in ownership cost of $721/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $31k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Sleepy Eye Public is $61k/year.

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What industries drive the economy in Sleepy Eye Public?

The largest employment sectors in Sleepy Eye Public are public administration (26%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.