Housing in Edina, MN

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$563,400

Median List Price

$799,950

Price Per Sq Ft

$230

Days on Market

57

Active Inventory

123

Months of Supply

4.7

Balanced market

Zillow Home Value

$590,009

ZHVI — January 2026

Zillow Rent Index

$2,029

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 8.7%List Price 33.5%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

15.4%

Off Market in 2 Weeks

40.0%

Sale-to-List Ratio

97.0%

Buyer's market

Sold Above Asking
15.4%
Under Contract in 2 Wks
40.0%
Listings with Price Drops
21.1%

Market Activity

Source: Redfin

Homes Sold

26

New Listings

49

Pending Sales

30

Homes Sold 63.9%New Listings 41.7%Pending 65.1%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$230

Median List $/SF

$310

Sale $/SF 5.3%List $/SF 20.6%Mar 24Jan 26

Edina vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 50,000 - 100,000 residents. Edina is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$624,000

Median Rent

$1,757

Total Housing Units

24,236

Vacancy Rate

5.9%

Owner Occupied

72.4%

Renter Occupied

27.6%

Median Property Tax

$6,754

per year

Monthly Cost (w/ Mortgage)

$2,289

Housing Types

Single Family
59.3%
Multi-Family
40.4%
Mobile Home
0.3%

The current median sale price in Edina, MN is $563,400 according to Redfin data. Homes spend a median of 57 days on the market. 15.4% of homes sold above asking price. The market has 4.7 months of supply. The median price per square foot is $230. Zillow's observed rent index is $2,029/month. About 72.4% of housing units are owner-occupied. The median year homes were built is 1971. There are 24,236 total housing units.