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

Upscale shopping at 50th & France and Southdale
Nationally recognized public school system
Beautiful Centennial Lakes Park
Premium neighborhoods and historic homes

Edina Market Snapshot

Monthly figures from the NorthstarMLS Local Market Update.

Median Sales Price

$657,500
-14.6%vs. September 2025

% of Original List Price Received

95.1%
-2.1 ptsvs. September 2025

Days on Market

80
+81.8%vs. September 2025

Closed Sales

52
-36.6%vs. September 2025

Homes for Sale

220
-6.4%vs. September 2025

Months Supply

3.4
-5.6%vs. September 2025
Balanced market

Supply vs. Demand Trends

Edina Housing Market Today

Here is where the Edina market stood in September 2026. The median sale price has decreased by 15% from last year to $657,500, and a similar trend in price per square foot suggests this is a real move in values rather than a change in the mix of homes selling. Homes are selling 36 days longer than last year, averaging 80 days on market, and sellers are receiving 95.1% of their original asking price. The area is currently a balanced market with 3.4 months of supply. Active inventory is down 6% from last year to 220 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.

Read the September 2026 Edina market report

Data: NorthstarMLS Local Market Update via 10K Research, published October 12, 2026.

Edina market questions

Is Edina a buyer's or seller's market?

Edina was a balanced market in September 2026, with 3.4 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 220 homes for sale.

How fast are homes selling in Edina?

Homes that sold in September 2026 spent an average of 80 days on market, 36 days slower than a year earlier. Sellers received 95.1% of their original list price on average.

Are home prices going up in Edina?

No. The median sale price fell 14.6% year over year to $657,500. Price per square foot moved in the same direction (from $301 to $284), which suggests a real change in values rather than a shift in 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.

Estimates for the city as a whole. Figures are survey estimates and may differ from current market prices.

Source: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

What's Nearby in Edina

OpenStreetMap lists 65 parks, 13 trails, 2 beaches and boat launches, 2 libraries, 14 schools, and 7 grocery stores within the Edina city boundary.

Parks

65

53 named

  • Adams Hill Park
  • Alden Park
  • Arden Park
  • Arneson Acres Park
  • Birchcrest Park
  • Braemar Park
Show all 53 parksShow fewer
  • Bredesen Park
  • Bristol & Mavelle Park
  • Browndale Park
  • Centennial Lakes Park
  • Chowen Park
  • Cornelia School Park
  • Countryside Park
  • Countryside School Park
  • Courtney Fields
  • Creek Valley School Park
  • Duggan Park
  • Edina Promenade
  • Edinborough Park (opens in new tab)
  • Fox Meadow Park
  • Frank Tupa Park
  • Fred Richards Park
  • Garden Park
  • Grandview Square
  • Heights Park
  • Highlands Park
  • Interlachen Park
  • Kojetin Park
  • Krahl Hill
  • Lincoln Drive Floodplain
  • McGuire Park
  • Meadowbrook Park
  • Melody Lake Park
  • Minikahda Vista Park
  • Normandale Park
  • Pamela Park
  • Rosland Park
  • Sherwood Park
  • St. John's Park
  • Strachauer Park
  • Tingdale Park
  • Todd Park
  • Utley Park
  • Van Valkenburg Park
  • Walnut Ridge Park
  • Weber Park
  • William Wardell Lewis Park
  • Williams Park
  • Wooddale Park
  • Yale Gardens Park
  • Yancey Park
  • York Park
  • Yorktown Park

Official source: City of Edina (opens in new tab)

Trails

13

8 named

  • 66th St Bikeway
  • Bredesen Park Bike Trail
  • CP Rail Regional Trail
  • Edina Promenade
  • Nine Mile Creek Regional Trail
  • Nine Mile Creek Regional Trail / CP Rail Regional Trail (Option C)
Show all 8 trailsShow fewer
  • Old Como-Harriet Streetcar Trail
  • Richfield Bicycle Routes

Official source: City of Edina (opens in new tab)

Beaches and boat launches

2

0 named

2 mapped beaches and boat launches, not named in OpenStreetMap.

Official source: City of Edina (opens in new tab)

Schools

14

12 named

Show all 12 schoolsShow fewer

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