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Why Live in Edina
Centennial Lakes Park stands as a central gathering place in Edina, featuring scenic walking paths, paddle boats, and winter ice skating around its 10-acre lake. The historic Southdale Center, America's first fully enclosed shopping mall, continues to attract shoppers alongside the upscale Galleria Edina with its luxury retailers and boutiques. Families gravitate to the Edina Aquatic Center's pools and lazy river during summer months, while golf enthusiasts play year-round at the public Braemar Golf Course. The dining scene includes upscale options like Pittsburgh Blue Steakhouse in the Galleria and CoV Edina's coastal American cuisine, plus local favorites such as Edina Grill serving scratch-made fare.
The Edina housing market spans from $130,000 to $3,799,000, with a median sale price of $650,000. Townhomes have a median price of $450,000, while single family homes command a median of $835,000. The prestigious Rolling Green/Hilldale neighborhood features single family homes with a median price of $2,535,000. The Country Club area shows median single family home prices of $1,440,000, while Morningside sits at $1,112,500. White Oaks/50th & France maintains median single family prices at $899,900.
Property taxes in Edina reflect Hennepin County's 1.15% effective rate. Minnesota adds a state income tax rate of 5.35% for yearly salaries of $45,533, plus a combined sales tax rate of 8.12%. The Edina Public School system includes highly rated institutions like Edina Senior High School, which serves multiple neighborhoods including Country Club and Indian Hills. Private options include The Blake School and The International School of Minnesota, both rated A+. Located 10 miles southwest of downtown Minneapolis, Edina connects to the greater Twin Cities via Metro Transit bus service, making it accessible for commuters.
Home Trends in Edina, MN
On average, homes in Edina, MN sell after 47 days on the market compared to the national average of 53 days. The median sale price for homes in Edina, MN over the last 12 months is $690,000, up 8% from the median home sale price over the previous 12 months.
Housing Trends
Median Sale Price
$690,000
Median Single Family Sale Price
$870,000
Median Townhouse Sale Price
$473,500
Average Price Per Sq Ft
$300
Number of Homes for Sale
121
Last 12 months Home Sales
721
Months of Supply
2.00
Median List Price
$680,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
8%
Popular Home Searches in Edina, MN
Homebuyers in Edina often focus on high-end features, modern layouts, and access to outdoor space.
- Want modern style? Browse mid-century modern homes or sleek modern homes.
- Need a home office? Look for listings with home offices or basements.
- Enjoy the seasons? Search for homes with a deck or fireplaces.
- Prioritize convenience? Explore single-story homes or homes with garages.
- Prefer energy savings? Check out listings with solar panels or EV charging.
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