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Minnesota State Wire

Thursday, September 11, 2025

Edina home prices rise in April 2018

Re 8

The median sale price of a home sold in April 2018 in Edina rose by $50,100 while total sales increased by 15.3%, according to BlockShopper.com.

In April 2018, there were 68 homes sold, with a median sale price of $550,000 - a 10% increase over the $499,900 median sale price for the same period of the previous year. There were 59 homes sold in Edina in April 2017.

The median sales tax in Edina for the most recent year with available data, 2015, was $6,269, approximately 1.1% of the median home sale price for April 2018.

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

CityApr. 2018 Home SalesApr. 2017 Home Sales% change (Total Home Sales)Apr. 2018 Median Sales PriceApr. 2017 Median Sales Price% change (Median Sales Price)
Deephaven47-42.9%$749,750$725,0003.4%
Tonka Bay23-33.3%$730,750$417,00075.2%
Medina13785.7%$650,855$625,0004.1%
Hanover30-$600,000$0-
Greenwood41300%$572,500$475,00020.5%
Edina685915.3%$550,000$499,90010%
Long Lake16-83.3%$490,000$332,90047.2%
Independence59-44.4%$463,000$520,000-11%
Minnetrista1827-33.3%$448,500$405,96210.5%
Minnetonka7071-1.4%$434,000$360,00020.6%
Greenfield68-25%$407,450$401,9501.4%