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Minnesota State Wire

Friday, September 12, 2025

Edina home prices fall in June 2018

Realestate2

The median sale price of a home sold in June 2018 in Edina fell by $45,000 while total sales decreased by 28%, according to BlockShopper.com.

In June 2018, there were 67 homes sold, with a median sale price of $510,000 - a 8.1% decrease over the $555,000 median sale price for the same period of the previous year. There were 93 homes sold in Edina in June 2017.

The median sales tax in Edina for the most recent year with available data, 2015, was $6,269, approximately 1.2% of the median home sale price for June 2018.

The following table compares Edina to other Hennepin County cities with similar median sales prices in June 2018:

CityJune 2018 Home SalesJune 2017 Home Sales% change (Total Home Sales)June 2018 Median Sales PriceJune 2017 Median Sales Price% change (Median Sales Price)
Excelsior23-33.3%$839,250$2,125,000-60.5%
Medina1319-31.6%$807,000$538,00050%
Orono1820-10%$737,600$476,60054.8%
Wayzata11683.3%$614,900$517,75018.8%
Independence48-50%$574,950$400,90043.4%
Edina6793-28%$510,000$555,000-8.1%
Shorewood262218.2%$469,950$431,4508.9%
Minnetrista2333-30.3%$462,000$384,69020.1%
Eden Prairie109115-5.2%$430,000$375,00014.7%
Dayton94125%$425,000$375,109.5013.3%
Corcoran59-44.4%$399,900$300,00033.3%

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