The Edinburgh housing market is very competitive. The median sale price of a home in Edinburgh was $323K last month, down 29.1% since last year. The median sale price per square foot in Edinburgh is $194, down 20.8% since last year.
What is the housing market like in Edinburgh today?
In October 2024, Edinburgh home prices were down 29.1% compared to last year, selling for a median price of $323K. On average, homes in Edinburgh sell after 23 days on the market compared to 39 days last year. There were 16 homes sold in October this year, down from 24 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$322,500
-29.1% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Edinburgh, MN
$322,500
-29.1%
United States
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How hot is the Edinburgh housing market?
Edinburgh is very competitive. Homes sell in 29.5 days.
0
100
70
Very Competitive
Redfin Compete Score™
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 6 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 30 days.
Hot homes
can sell for around list price and go pending in around 18 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Edinburgh housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Edinburgh.
Flood Factor - Minor
10% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Edinburgh has a minor risk of flooding. 57 properties in Edinburgh are likely to be
severely affected
by flooding over the next 30 years. This represents 10% of all properties in Edinburgh. Flood risk is increasing slower than the national average.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Edinburgh has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Edinburgh is most at risk from severe storms. 1,778 properties in Edinburgh have some risk of being in a severe wind event within the next 30 years.