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Sarah Mitchell

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Compass Real Estate · Eden Prairie, MN

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Eden Prairie, MN(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Eden Prairie, MN Housing Market

Strong seller's market+1.1% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly

The typical home in Eden Prairie, MN is worth $502,326, rose 1.1% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $550,000, +16.4% year over year (through May 2026). With 1.9 months of supply and homes going under contract in about 18 days, Eden Prairie is a strong seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $502,326 home is about $2,682/mo in principal and interest.

Key numbers for Eden Prairie, MN

Typical home value

$502,326

+1.1% in 12 months

Zillow, August 2026

Typical asking rent

$1,811/mo

Zillow Observed Rent Index

Zillow, August 2026

Median sale price

$550,000

+16.4% year over year

Redfin, through May 2026

Days on market

18

Fast-moving

Redfin, through May 2026

Active listings

139

1.9 months of supply

Redfin, through May 2026

30-yr fixed rate

7.03%

Freddie Mac weekly average

Freddie Mac via FRED, September 2026

Median household income

$127,732

Home costs 3.9x income

U.S. Census ACS, 2023

Sale-to-list ratio

101.3%

Selling above asking

Redfin, through May 2026

Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.

Is Eden Prairie a buyer's or seller's market?

Strong seller's market1.9 months of supply18 days on market101.3% of asking

Eden Prairie, MN is a strong seller's market, based on 1.9 months of supply and homes selling in about 18 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the Eden Prairie housing market data show?

Every row below is Redfin's final published month for Eden Prairie, MN. Redfin, through May 2026

Housing market statistics for Eden Prairie, MN, Redfin through May 2026
MetricValue
Median sale price$550,000
Median list price$475,000
Year-over-year price change+16.4%
Median price per sq ft$211/sq ft
Median days on market18 days
Active inventory139 listings
Months of supply1.9 months
Sale-to-list price ratio101.3%
Homes sold (that month)75
New listings (that month)114
Listings with a price cut31.6%
Market conditionStrong seller's market

How to read these numbers

Median sale price
Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Eden Prairie is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Eden Prairie is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
Months of supply
How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
Days on market
Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
Sale-to-list ratio
Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
Price per square foot
The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
Listings with a price cut
Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
Typical asking rent (ZORI)
Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.

How have Eden Prairie home prices moved?

Over the last three years the median sale price in Eden Prairie, MN rose 17.4%, from $468,500 to $550,000. The live Zillow value series has rose 1.1% in the last 12 months, which is the more current read now that Redfin's series has stopped. 31.6% of Eden Prairie listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 1.9 months while the sale-to-list ratio slips below its current 101.3%. Watch those two together — they move before the median does.

Redfin, through May 2026 — the chart ends at Redfin's final published month.

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What does it cost to buy a home in Eden Prairie?

Priced off the typical home value of $502,326 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.

Monthly principal and interest by down payment in Eden Prairie, MN
Down paymentCash at closeLoan amountMonthly P&I
20%$100,465$401,861$2,682/mo
5%$25,116$477,209$3,185/mo

Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate

What income do you need?

Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $2,682, that implies roughly $114,930 a year before you add taxes and insurance. The median household in Eden Prairie earns $127,732, about $12,802 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 3.9x — above the historical 3x norm but in line with much of the country in 2026.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in Eden Prairie in the next 12 months?

Tell us your timeline. We send the Eden Prairie market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in Eden Prairie?

Typical asking rent in Eden Prairie, MN is $1,811/mo, against a typical home value of $502,326. That is a price-to-rent ratio of 23.1x, which means renting tends to be the cheaper monthly option unless you stay long enough for appreciation to close the gap. Compared head to head, 20% down puts principal and interest at $2,682 a month — $871 more than renting before taxes and insurance, so the ownership case here rests on equity and appreciation rather than monthly cash flow.

Zillow, August 2026 for both value and rent

Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.

Is inventory rising or falling in Eden Prairie?

Active listings in Eden Prairie, MN went from 145 in May 2025 to 139 in May 2026, a -4.1% change. Inventory has been roughly flat, which usually keeps prices moving with rates rather than with local supply.

Active listings by month in Eden Prairie, MN
MonthActive listingsNew listings
June 2025176116
July 202518693
August 202517756
September 202515759
October 202515256
November 202512347
December 202511837
January 202610043
February 202610054
March 202611391
April 202612899
May 2026139114

Redfin, through May 2026

How does Eden Prairie compare to Minnesota and the U.S.?

Eden Prairie homes sell for $550,000 — 48% above the Minnesota median of $372,300. Against the national median of $410,700, Eden Prairie runs 34% higher. Year-over-year, Eden Prairie moved +16.4% against Minnesota's +1.3% — a bigger swing than the state as a whole.

Eden Prairie, MN compared with Minnesota and the United States
MarketMedian sale priceYoYDays on market
Eden Prairie, MN$550,000+16.4%18 days
Minnesota statewide$372,300+1.3%25 days
United States$410,700not publishednot published

City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)

What to do next in Eden Prairie

What buyers should watch

  • Months of supply, currently 1.9. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
  • The share of listings cutting price, currently 31.6%. A listing that has already cut once is the one most likely to accept below asking.
  • The gap between 5% and 20% down here is $503 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
  • Rate moves. At 7.03%, every full point of rate change moves the payment on a $502,326 home more than a 5% price change does.
  • Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.

What sellers should know

  • The median Eden Prairie listing goes under contract in 18 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
  • Homes here close at 101.3% of asking. Price at the number you want and let competition do the rest.
  • In the last published month Eden Prairie added 114 new listings against 75 sales — more competition arriving than clearing, so early timing matters.
  • Your equity moved +1.1% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
  • Comparable ZIP-level pricing inside Eden Prairie varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Eden Prairie

There are currently 139 homes listed for sale in Eden Prairie, Minnesota. The median listing price is $475K. Featured listings range from $217,000 to $3,895,000.

2 bedroom townhouse for sale at 14365 Fairway Dr Eden Prairie 55344 - $217,000
New Listing
26
$217,000

14365 Fairway Dr

Eden Prairie, MN 55344

2 bd2 ba1,275 sqft$170/ft²
Townhouse3.47 acres

Sandra Remes · Edina Realty, Inc.

View photos & details
2 bedroom townhouse for sale at 8465 Cortland Rd Eden Prairie 55344 - $255,000
New Listing
18
$255,000

8465 Cortland Rd

Eden Prairie, MN 55344

2 bd2 ba1,165 sqft$219/ft²
Townhouse35,981 sqft lot

Tonia Kurth · Coldwell Banker Realty - Southwest Regional

View photos & details
2 bedroom townhouse for sale at 13608 Carmody Dr Eden Prairie 55344 - $265,000
New Listing
25
$265,000

13608 Carmody Dr

Eden Prairie, MN 55344

2 bd2 ba1,230 sqft$215/ft²
Townhouse1.43 acres
View photos & details
4 bedroom house for sale at 7790 Carnelian Ln Eden Prairie 55346 - $389,000
New Listing
57
$389,000

7790 Carnelian Ln

Eden Prairie, MN 55346

4 bd4 ba2,480 sqft$157/ft²
House15,246 sqft lot
View photos & details
New Listing
$399,900

9796 Cupola Ln

Eden Prairie, MN 55347

3 bd4 ba2,209 sqft$181/ft²
Townhouse2,178 sqft lot

Kassim Lakis · Northstar Real Estate Associates

View photos & details
3 bedroom house for sale at 9091 W Staring Ln Eden Prairie 55347 - $450,000
New Listing
32
$450,000

9091 W Staring Ln

Eden Prairie, MN 55347

3 bd1 ba1,990 sqft$226/ft²
House33,977 sqft lot
View photos & details
4 bedroom house for sale at 9545 Garrison Way Eden Prairie 55347 - $494,900
New Listing
49
$494,900

9545 Garrison Way

Eden Prairie, MN 55347

4 bd3 ba2,326 sqft$213/ft²
House10,019 sqft lot
View photos & details
4 bedroom house for sale at 10692 Mount Curve Rd Eden Prairie 55347 - $1,050,000
New Listing
78
$1,050,000

10692 Mount Curve Rd

Eden Prairie, MN 55347

4 bd4 ba4,884 sqft$215/ft²
House18,295 sqft lot

Ryan Platzke · Coldwell Banker Realty - Southwest Regional

View photos & details
3 bedroom house for sale at 6284 Montee Dr Eden Prairie 55344 - $1,200,000
New Listing
66
$1,200,000

6284 Montee Dr

Eden Prairie, MN 55344

3 bd3 ba3,229 sqft$372/ft²
House10,454 sqft lot
View photos & details
5 bedroom house for sale at 18434 Bearpath Trl Eden Prairie 55347 - $1,649,900
New Listing
84
$1,649,900

18434 Bearpath Trl

Eden Prairie, MN 55347

5 bd5 ba5,805 sqft$284/ft²
House23,958 sqft lot
View photos & details
4 bedroom house for sale at 6541 Beach Rd Eden Prairie 55344 - $1,750,000
New Listing
2
$1,750,000

6541 Beach Rd

Eden Prairie, MN 55344

4 bd9 ba7,185 sqft$244/ft²
House1.60 acres
View photos & details
5 bedroom house for sale at 12535 Beach Cir Eden Prairie 55344 - $3,895,000
New Listing
84
$3,895,000

12535 Beach Cir

Eden Prairie, MN 55344

5 bd6 ba9,404 sqft$414/ft²
House1.49 acres
View photos & details

Looking to buy in Eden Prairie?

Get connected with a local real estate expert — free, no obligation.

Active listings

139

Homes on market

Median list price

$475K

Avg. days on market

18

Days until sale

New this week

114

Newly listed

Price drops:31.6%of listings
Sale-to-list:101.3%

How much do homes cost in Eden Prairie by property type?

How the Eden Prairie, MN market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026

Median price, price per square foot, homes sold and days on market by property type in Eden Prairie, MN
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$699,250$216/sq ft5212 days
Condo / co-op$211,775$203/sq ft358 days
Townhouse$305,000$197/sq ft2028 days

Who lives in Eden Prairie?

American Community Survey estimates for Eden Prairie. U.S. Census ACS, 2023

Population

63,249

Households

25,439

Median income

$127,732/yr

Median age

40.5 years

Owner-occupied

75.6%

Median home value

$463,300

Median gross rent

$1,761/mo

Mean commute

22 min

75.6% of occupied homes in Eden Prairie are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $463,300 against Zillow's $502,326 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $1,761/mo, below Zillow's $1,811/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.

Which public schools serve Eden Prairie?

20 schools tracked · 9,402 students

The largest public schools serving Eden Prairie, MN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

EDEN PRAIRIE SENIOR HIGH

Grades 9-12 · 2,799 students

Public

CENTRAL MIDDLE SCHOOL

Grades 6-8 · 1,891 students

Public

EAGLE HEIGHTS SPANISH IMMERSION

Grades PK-5 · 734 students

Public

Oak Point Elementary

Grades PK-5 · 632 students

Public

PRAIRIE VIEW ELEMENTARY

Grades PK-5 · 614 students

Public

EDEN LAKE ELEMENTARY

Grades PK-5 · 607 students

Public

FOREST HILLS ELEMENTARY

Grades PK-5 · 544 students

Public

CEDAR RIDGE ELEMENTARY

Grades PK-5 · 490 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Eden Prairie, MN?

Ordered by distance from Eden Prairie, not by size. Compare Eden Prairie side by side with any of them.

Which ZIP codes are in Eden Prairie?

These are the ZIP codes we see on active Eden Prairie listings. Redfin did not publish a matching ZIP-level sale row for the same period, so we are not ranking them by price here — each ZIP page shows exactly what we hold for it.

Eden Prairie housing market FAQ

Is Eden Prairie a buyer's or seller's market?

Eden Prairie, MN is currently a strong seller's market. That read comes from 1.9 months of supply, homes going under contract in about 18 days, and sellers getting 101.3% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in Eden Prairie?

The typical home in Eden Prairie, MN is worth $502,326 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $550,000, about $211 per square foot.

Is Eden Prairie cheaper than the rest of Minnesota?

Eden Prairie's median sale price of $550,000 is 48% higher than the Minnesota statewide median of $372,300, and 34% above the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Eden Prairie?

Homes in Eden Prairie, MN spent a median of 18 days on market before going under contract, versus 25 days statewide. Under three weeks means well-priced listings move before most buyers can schedule a second showing. (Redfin, through May 2026.)

What income do you need to buy a home in Eden Prairie?

At the current 30-year fixed rate of 7.03%, 20% down on a $502,326 home is about $2,682 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $114,930 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $127,732.

Are home prices rising in Eden Prairie?

The typical home value in Eden Prairie, MN rose 1.1% over the last 12 months, from $497,099 to $502,326 (Zillow, August 2026). This is the live series — it refreshes monthly.

What are the cheapest ZIP codes in Eden Prairie?

Eden Prairie ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.

Is now a good time to buy in Eden Prairie?

That depends on your timeline, not on a headline. What the data says today: Eden Prairie, MN is a strong seller's market with 1.9 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 23.1x means renting tends to be the cheaper monthly option unless you stay long enough for appreciation to close the gap. Properties Incorporated publishes the data; it does not give financial advice.

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No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.