Homes for Sale in Edina, MN
Edina is an affluent, first-ring suburb of Minneapolis renowned for its luxury homes, upscale shopping, and pristine parks. With a rich history and strong community traditions, it offers a premium lifestyle. The city is known for its world-class medical facilities and exceptional public schools.
Why Live in Edina
Edina Market Snapshot
Monthly figures from the NorthstarMLS Local Market Update.
Median Sales Price
% of Original List Price Received
Days on Market
Closed Sales
Homes for Sale
Months Supply
Supply vs. Demand Trends
Edina Housing Market Today
Here is where the Edina market stood in August 2026. The median sale price has decreased by 2% from last year to $770,000, though an opposite trend in price per square foot suggests this change more likely reflects the mix of homes that sold. Homes are selling 2 days more quickly than last year, averaging 46 days on market, and sellers are receiving 97.8% of their original asking price. The area is currently a balanced market with 3.1 months of supply. Active inventory is down 11% from last year to 204 homes for sale.
In a balanced market, neither side has a steep advantage, making careful pricing for sellers and steady negotiation for buyers the key to success.
In Edina, homes were most commonly built in 1970-1979, about 72% of occupied homes are owner-occupied, and the average commute is 20 minutes. Roughly 54% of homes are single-family detached, and the median home was built in 1971.
Homeowners with a mortgage typically spend $3,193 a month on housing costs, higher than the Twin Cities metro and the median property tax bill is $6,951 a year.
Data: NorthstarMLS Local Market Update via 10K Research, published September 12, 2026.
Edina market questions
Is Edina a buyer's or seller's market?
Edina was a balanced market in August 2026, with 3.1 months of supply. Under about 3 months generally favors sellers, 3 to 6 months is considered balanced, and over 6 months favors buyers. There were 204 homes for sale.
How fast are homes selling in Edina?
Homes that sold in August 2026 spent an average of 46 days on market, 2 days faster than a year earlier. Sellers received 97.8% of their original list price on average.
Are home prices going up in Edina?
No. The median sale price fell 1.9% year over year to $770,000. Price per square foot moved the other way (from $290 to $310), which suggests the change mostly reflects the mix of homes sold.
Living in Edina
Housing, cost of ownership and commuting, compared with the Twin Cities metro.
In Edina, homes were most commonly built in 1970-1979, about 72% of occupied homes are owner-occupied, and the average commute is 20 minutes.
Data: ACS 2020-2024 5-year estimates
What does it cost to own a home in Edina?
Homeowners with a mortgage typically pay $3,193 a month in housing costs and the median property tax bill is $6,951 a year.
Median home value
$646,300
Higher than the Twin Cities metro
The midpoint of estimated values for owner-occupied homes.
Median property taxes paid
$6,951/yr
Higher than the Twin Cities metro
The midpoint of annual property taxes paid by homeowners.
Typical monthly owner costs (with mortgage)
$3,193/mo
Higher than the Twin Cities metro
Median monthly housing costs for owners with a mortgage.
Typical monthly owner costs (no mortgage)
$1,184/mo
Higher than the Twin Cities metro
Median monthly housing costs for owners without a mortgage.
Median rent
$1,844/mo
Higher than the Twin Cities metro
The midpoint of monthly gross rent, including utilities.
What are homes like in Edina?
About 72% of occupied homes are owner-occupied and the median home was built in 1971.
Owner-occupied homes
72%
Similar than Twin Cities metro overall
The share of occupied homes lived in by their owners.
Median year built
1971
Similar to the Twin Cities metro
The midpoint of years when homes in the area were built.
Home age by decade
The share of homes built during each period.
- 2020 or later2%
- 2010-201911%
- 2000-20095%
- 1990-19995%
- 1980-198910%
- 1970-197920%
- 1960-196917%
- 1950-195919%
- 1940-19494%
- 1939 or earlier8%
Types of homes
The share of housing units in each building type.
- Single-family detached54%
- Townhome / attached5%
- 2-4 units1%
- 5+ units39%
How do people get around in Edina?
The average one-way commute is 20 min and 93% of homes have broadband.
Average commute
20 min
Lower than the Twin Cities metro
The average one-way travel time to work for commuters.
How people get to work
The share of workers using each listed way to get to work.
- Drive alone64%
- Carpool3%
- Walk or bike2%
- Work from home29%
Homes with broadband
93%
Similar than Twin Cities metro overall
The share of households with a broadband internet subscription.
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