Edina, MN Housing Market
The Edina housing market is somewhat competitive. The median sale price of a home in Edina was $617K last month, up 5.9% since last year. The median sale price per square foot in Edina is $244, up 4.7% since last year.
Edina Housing Market Trends
In March 2024, Edina home prices were up 5.9% compared to last year, selling for a median price of $617K. On average, homes in Edina sell after 23 days on the market compared to 45 days last year. There were 72 homes sold in March this year, up from 59 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Edina housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 1% below list price and go pending in around 29 days.
- Hot homescan sell for about 2% above list price and go pending in around 9 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for around list price and go pending in around 35 days.
- Hot homescan sell for about 3% above list price and go pending in around 11 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for around list price and go pending in around 31 days.
- Hot homescan sell for about 1% above list price and go pending in around 10 days.
Edina Migration & Relocation Trends
- Across the nation, 0.66% of homebuyers searched to move into Edina from outside metros.
- Miami homebuyers searched to move into Edina more than any other metro followed by Albuquerque and Chicago.
- 78% of Edina homebuyers searched to stay within the Edina metropolitan area.
- Brainerd was the most popular destination among Edina homebuyers followed by Cape Coral and Duluth.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 518 | ||
2 | 507 | ||
3 | 306 | ||
4 | 253 | ||
5 | 231 | ||
6 | 227 | ||
7 | 194 | ||
8 | 154 | ||
9 | 148 | ||
10 | 112 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 384 | ||
2 | 279 | ||
3 | 220 | ||
4 | 170 | ||
5 | 169 | ||
6 | 117 | ||
7 | 76 | ||
8 | 65 | ||
9 | 62 | ||
10 | 45 |
Home offer insights for Edina
Recent offers
View houses in Edina that sold recently
Recently sold homes
- $828,000 Last Sold Price5 beds4 baths—sq ft4409 Fondell Dr, Edina, MN 55435List Price$769,900Sale to List8% over listDays on Market52 days4409 Fondell Dr, Edina, MN 55435
- $235,000 Last Sold Price2 beds2 baths—sq ft6331 Barrie Rd, Edina, MN 55435List Price$229,900Sale to List2% over listDays on Market58 days6331 Barrie Rd, Edina, MN 55435
- $128,000 Last Sold Price1 bed1 bath—sq ft4101 Parklawn Ave #311, Edina, MN 55435List Price$135,000Sale to List5% under listDays on Market44 days4101 Parklawn Ave #311, Edina, MN 55435
- $880,000 Last Sold Price4 beds4 baths—sq ft5940 Arbour Ave, Edina, MN 55436List Price$850,000Sale to List4% over listDays on Market55 days5940 Arbour Ave, Edina, MN 55436
- $875,000 Last Sold Price5 beds3 baths—sq ft5301 Hollywood Rd, Edina, MN 55436List Price$879,500Sale to List1% under listDays on Market71 days5301 Hollywood Rd, Edina, MN 55436
- $807,000 Last Sold Price4 beds5 baths—sq ft5924 Tamarac Ave, Edina, MN 55436List Price$800,000Sale to List1% over listDays on Market35 days5924 Tamarac Ave, Edina, MN 55436
- $576,000 Last Sold Price5 beds4 baths—sq ft403 Monroe Ave S, Edina, MN 55343List Price$585,000Sale to List2% under listDays on Market41 days403 Monroe Ave S, Edina, MN 55343
- $400,000 Last Sold Price3 beds2 baths—sq ft5108 W 49th St, Edina, MN 55436List Price$389,000Sale to List3% over listDays on Market47 days5108 W 49th St, Edina, MN 55436
See all recently sold homes in Edina.
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Schools in Edina
- Elementary
- Middle
- High
GreatSchools Rating
9/10 Normandale Elementary School Public • K-5 • Choice school | 644 Students | 7 reviews |
7/10 Highlands Elementary School Public • K-5 | 561 Students | 9 reviews |
7/10 Cornelia Elementary School Public • K-5 | 567 Students | 10 reviews |
7/10 Concord Elementary School Public • K-5 | 730 Students | 11 reviews |
7/10 Countryside Elementary School Public • K-5 | 589 Students | 1 reviews |
Climate's impact on Edina housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Edina.
Flood Factor - Moderate
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Minimal
Wind Factor
Heat Factor - Minor
Heat Factor
Transportation in Edina
Walk Score®
Transit Score®
Bike Score®
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