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Minnesota State Wire

Friday, September 12, 2025

Edina home prices rise in March 2018

Realestate077

The median sale price of a home sold in March 2018 in Edina rose by $17,000 while total sales decreased by 16.9%, according to BlockShopper.com.

In March 2018, there were 59 homes sold, with a median sale price of $542,000 - a 3.2% increase over the $525,000 median sale price for the same period of the previous year. There were 71 homes sold in Edina in March 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 March 2018.

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

CityMar. 2018 Home SalesMar. 2017 Home Sales% change (Total Home Sales)Mar. 2018 Median Sales PriceMar. 2017 Median Sales Price% change (Median Sales Price)
Greenwood10-$1,459,000$0-
Tonka Bay220%$1,075,000$433,500148%
Excelsior24-50%$891,750$377,500136.2%
Orono147100%$782,847$322,240142.9%
Wayzata10742.9%$757,500$538,24540.7%
Edina5971-16.9%$542,000$525,0003.2%
Minnetonka Beach10-$540,000$0-
Independence440%$536,250$647,500-17.2%
Medina84100%$530,250$557,672.50-4.9%
Shorewood1015-33.3%$459,500$497,500-7.6%
Deephaven6450%$415,500$570,000-27.1%

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