Eden Prairie home prices rise in May 2017

Eden Prairie home prices rise in May 2017
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The median sale price of a home sold in May 2017 in Eden Prairie rose by $38,250 while total sales decreased by 12.9%, according to BlockShopper.com.

In May 2017, there were 101 homes sold, with a median sale price of $381,000 – a 11.2% increase over the $342,750 median sale price for the same period of the previous year. There were 116 homes sold in Eden Prairie in May 2016.

The median sales tax in Eden Prairie for the most recent year with available data, 2015, was $4,323, approximately 1.1% of the median home sale price for May 2017.

The following table compares Eden Prairie to other Hennepin County cities with similar median sales prices in May 2017:

City May 2017 Home Sales May 2016 Home Sales % change (Total Home Sales) May 2017 Median Sales Price May 2016 Median Sales Price % change (Median Sales Price)
Edina 80 101 -20.8% $573,250 $490,000 17%
Orono 23 23 0% $457,000 $507,000 -9.9%
Shorewood 12 18 -33.3% $454,000 $478,700 -5.2%
Corcoran 7 4 75% $415,000 $282,000 47.2%
Independence 6 9 -33.3% $389,750 $296,400 31.5%
Eden Prairie 101 116 -12.9% $381,000 $342,750 11.2%
Minnetrista 34 28 21.4% $361,026 $377,830.50 -4.4%
Greenfield 10 3 233.3% $351,500 $177,000 98.6%
Minnetonka 85 106 -19.8% $345,000 $301,500 14.4%
Excelsior 3 1 200% $333,000 $250,000 33.2%
Plymouth 126 159 -20.8% $332,500 $339,000 -1.9%


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