Edina Real Estate Market Report: August 2026
In August 2026, the median sale price in Edina was $770,000, down 1.9% from a year earlier.
- Median Sales Price
- $770,000
- -1.9% vs. August 2025
- Homes for Sale
- 204
- -11.3% vs. August 2025
- Months Supply
- 3.1
- -13.9% vs. August 2025
- Balanced market
- Days on Market
- 46
- -4.2% vs. August 2025
- Closed Sales
- 65
- -16.7% vs. August 2025
- Percent of Original List Received
- 97.8%
- -0.7 pts vs. August 2025
What this means
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.
Common questions about the Edina market
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.
Market trends in Edina
| Month | Median sale price | Closed sales | Days on market | Months supply |
|---|---|---|---|---|
| September 2024 | $700,000 | 52 | 51 | 3.9 |
| October 2024 | $497,400 | 60 | 80 | 3.7 |
| November 2024 | $637,500 | 50 | 57 | 2.8 |
| December 2024 | $605,450 | 56 | 88 | 2.4 |
| January 2025 | $548,800 | 39 | 90 | 2.5 |
| February 2025 | $630,000 | 39 | 99 | 2.9 |
| March 2025 | $650,000 | 47 | 121 | 2.8 |
| April 2025 | $652,500 | 76 | 61 | 3.4 |
| May 2025 | $675,000 | 67 | 86 | 3.6 |
| June 2025 | $697,950 | 100 | 45 | 3.2 |
| July 2025 | $685,000 | 77 | 74 | 3.7 |
| August 2025 | $785,000 | 78 | 48 | 3.6 |
| September 2025 | $770,000 | 82 | 44 | 3.4 |
| October 2025 | $611,250 | 62 | 62 | 3.2 |
| November 2025 | $675,000 | 51 | 64 | 2.7 |
| December 2025 | $543,000 | 66 | 81 | 2 |
| January 2026 | $547,500 | 24 | 78 | 2.2 |
| February 2026 | $776,000 | 35 | 93 | 2.6 |
| March 2026 | $574,000 | 60 | 80 | 2.8 |
| April 2026 | $705,000 | 71 | 84 | 2.8 |
| May 2026 | $840,000 | 81 | 74 | 3.1 |
| June 2026 | $823,000 | 97 | 52 | 3 |
| July 2026 | $745,000 | 95 | 42 | 3 |
| August 2026 | $770,000 | 65 | 46 | 3.1 |
How Edina compares with the Twin Cities region
In August 2026, the median sale price in Twin Cities (16-County Region) was $405,000, up 1.3% from a year earlier.
More to explore
Data: NorthstarMLS Local Market Update via 10K Research, published September 12, 2026.
Report published .
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