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Minnesota State Wire

Friday, September 12, 2025

Edina home prices fall in March 2020

Webp re 4

The median sale price of a home sold in March 2020 in Edina fell by $5,000 while total sales decreased by 40%, according to BlockShopper.com.

In March 2020, there were 33 homes sold, with a median sale price of $520,000 - a 1% decrease over the $525,000 median sale price for the same period of the previous year. There were 55 homes sold in Edina in March 2019.

The median sales tax in Edina for the most recent year with available data, 2019, was $7,231, approximately 1.4% of the median home sale price for March 2020.

The following table compares Edina to other Hennepin County cities with similar median sales prices in March 2020:

CityMar. 2020 Home SalesMar. 2019 Home Sales% change (Total Home Sales)Mar. 2020 Median Sales PriceMar. 2019 Median Sales Price% change (Median Sales Price)
Medicine Lake10-$574,000$0-
Excelsior110%$570,000$549,0003.8%
Wayzata17-85.7%$565,000$607,000-6.9%
Medina811-27.3%$551,000$624,500-11.8%
Deephaven24-50%$528,000$782,500-32.5%
Edina3355-40%$520,000$525,000-1%
Minnetrista1121-47.6%$425,000$455,000-6.6%
St. Anthony25-60%$422,500$425,000-0.6%
Minnetonka4455-20%$414,500$352,22617.7%
Shorewood813-38.5%$402,000$650,000-38.2%
Golden Valley2326-11.5%$400,000$280,00042.9%

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