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Featured local agent — Edina, MN
Sarah Mitchell
Compass Real Estate · Edina, MN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Edina, MN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$830,155median sale price
How is the Edina, MN housing market right now?
The median home sale price in Edina, MN is $830,155, up 23.0% year-over-year. Homes sell in an average of 30 days with 174 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Edina a buyer's or seller's market?
Edina, MN is currently a seller's market, based on 2.1 months of supply and homes selling in about 30 days. How we determine this →
Homes sold
82
Last 12 weeks
Days on market
30
Average pace
Active listings
174
2.1 months supply
Sale-to-list
99.3%
Below asking
What does the Edina housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $830,155 |
| Median list price | $724,500 |
| Year-over-year price change | +23.0% |
| Average days on market | 30 days |
| Active inventory | 174 listings |
| Months of supply | 2.1 months |
| Sale-to-list price ratio | 99.3% |
| Median price per sq ft | $282/sq ft |
| Homes sold (latest month) | 82 |
| New listings (latest month) | 118 |
| Listings with a price cut | 32.2% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Edina by property type?
How the Edina, MN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $952,000 | $302/sq ft | 63 | 20 days |
| Condo / Co-op | $212,900 | $182/sq ft | 14 | 55 days |
| Townhouse | $432,450 | $207/sq ft | 4 | 32 days |
Source: Redfin · Updated monthly
The Edina housing market is currently classified as a seller's market with a median sale price of $830,155. Prices have risen 23.0% compared to last year, with homes spending an average of 30 days on market, indicating 2.1 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.9x provides context for how home values compare to local earning capacity.
Homes for sale in Edina
There are currently 174 homes listed for sale in Edina, Minnesota. The median listing price is $725K.
Active listings
174
Homes on market
Median list price
$725K
Avg. days on market
30
Days until sale
New this week
118
Newly listed
Who lives in Edina?
Population
53,125
Median income
$129,225/yr
Median age
44.8 years
Owner-occupied
72.4%
College grads
72.2%
Avg commute
20.4 min
Source: U.S. Census Bureau ACS
What are homes worth in Edina?
Zillow home value
$635,999
Zillow rent index
$2,009/mo
Price-to-rent ratio
26.4x
Price-to-income
4.9x
Source: Zillow Research
What is it like to live in Edina?
Edina is a community of approximately 53K residents with a median age of 44.8 years.The median household income is $129,225, which reflects a relatively affluent area with strong earning potential. 72.2% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 72.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 20.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Edina offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Edina?
17 schools tracked · 9,311 students
The largest public schools serving Edina, 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.
EDINA SENIOR HIGH
Grades 9-12 · 2,585 students
VALLEY VIEW MIDDLE
Grades 6-8 · 991 students
SOUTH VIEW MIDDLE
Grades 6-8 · 979 students
CONCORD ELEMENTARY
Grades K-5 · 721 students
NORMANDALE ELEMENTARY
Grades K-5 · 652 students
COUNTRYSIDE ELEMENTARY
Grades K-5 · 629 students
CORNELIA ELEMENTARY
Grades K-5 · 593 students
CREEK VALLEY ELEMENTARY
Grades K-5 · 590 students
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 Edina, MN?
Want a head-to-head view? Compare Edina side-by-side with any other U.S. city using our market-comparison tool.
Is Edina a good real estate investment market?
For investors evaluating Edina, the price-to-rent ratio of 26.4x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 23.0% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Edina's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Edina's median home price.
Frequently asked questions
What is the average home price in Edina?
The median home sale price in Edina is $830,155, up 23.0% from last year.
How long do homes stay on market in Edina?
Homes typically spend 30 days on market before going under contract.
What is the median income in Edina?
The median household income is $129,225 per year.
Is Edina a buyer's or seller's market?
With 2.1 months of supply, Edina is currently a seller's market.
What is the Zillow home value estimate for Edina?
The Zillow Home Value Index (ZHVI) for Edina is $635,999, representing the typical home value in the area.
What is the median condo price in Edina?
The median condo/co-op sale price in Edina, MN is $212,900, compared to $952,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Edina?
The median single-family home price in Edina, MN is $952,000 (about $302 per square foot).
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