Why Live in Lake Edina/Parklawn
The Lake Edina/Parklawn neighborhood in Edina is known for its stability, with many residents having lived there for over 40 years. This area features historic ramblers and split-level homes from the 1950s and '60s, characterized by lush lawns and mature trees. Some homes remain as-is, while others undergo extensive renovations. The neighborhood is highly regarded for its exceptional schools, including Cornelia Elementary School, Valley View Middle School, and Edina Senior High School, all of which receive high ratings and offer various enrichment programs. Arneson Acres Park, home to the Edina Historical Society and its museum, features gardens, a greenhouse, and a meadow. Fred Richards Park, intersected by the Nine Mile Creek Regional Trail, offers walking and biking trails, with future plans for additional recreational facilities. Dining options include Red’s Savoy Pizza and Tavern 23 Grill, while retail therapy can be found at the nearby Galleria Mall. Entertainment options include the AMC Southdale 16 movie theater. The neighborhood is safer than the national average, and healthcare needs are met by providers like Edina Sports + Family Medicine and M Health Fairview Clinic. Interstate 494 and state Route 100 provide convenient access to Minneapolis, about 20 minutes away.
Home Trends in Lake Edina/Parklawn, MN
On average, homes in Lake Edina/Parklawn, Edina sell after 49 days on the market compared to the national average of 52 days. The median sale price for homes in Lake Edina/Parklawn, Edina over the last 12 months is $125,750, down 12% from the median home sale price over the previous 12 months.
Median Sale Price
$125,750
Median Single Family Sale Price
$665,500
Average Price Per Sq Ft
$172
Number of Homes for Sale
16
Last 12 months Home Sales
23
Median List Price
$125,750
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-12%