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Advertise here →Sleepy Eye, MN · Market Data
Sleepy Eye, Minnesota real estate market data.
Real estate market data for Sleepy Eye, MN (Brown County) — Census median home value $138,500, county listing prices up about 5.8% over the past year.
Sleepy Eye, MN is in Brown County, Minnesota — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 3,438, with a median household income of $64,811. Census data puts Sleepy Eye's median home value at $138,500.
At a glance
Sleepy Eye market snapshot
Population
3,438
Median Household Income
$64,811
Median Home Value (city)
$138,500
Median Gross Rent
$757/mo
Price Trend (YoY)
+5.8%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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What makes Sleepy Eye different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Sleepy Eye's median home value — across all owner-occupied homes, not just recent sales — at $138,500.
County Price Trend
Brown County's FHFA house price index shows a 5.83% annual change in 2025.
Population & Income
Sleepy Eye has an estimated population of 3,438 and a median household income of $64,811, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Sleepy Eye's Census-reported median home value works out to about 2.1x the area's median household income, and median gross rent runs roughly 14% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
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Common questions
Sleepy Eye FAQ
What are home values like in Sleepy Eye, MN?
The Census Bureau's American Community Survey puts Sleepy Eye's median home value at $138,500.
What is the population of Sleepy Eye, MN?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Sleepy Eye's population at approximately 3,438.
What's the median rent in Sleepy Eye, MN?
The Census ACS estimates median gross rent in Sleepy Eye at approximately $757 per month.
What is the median household income in Sleepy Eye, MN?
Census ACS data puts the median household income in Sleepy Eye at approximately $64,811.
Is the Sleepy Eye housing market growing?
Brown County's FHFA house price index shows a 5.83% annual change in 2025.
Is Sleepy Eye, MN affordable relative to income?
Census ACS data puts Sleepy Eye's median home value at about 2.1 times the median household income, with median gross rent equal to roughly 14% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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