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Minnesota State Wire

Thursday, November 7, 2024

How did home prices perform in Eden Prairie during 2020?

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The median sale price of a home sold in 2020 in Eden Prairie rose by $21,500 while total sales decreased by 48.5%, according to BlockShopper.com.

From January through December of 2020, there were 452 homes sold, with a median sale price of $415,000 - a 5.5% increase over the $393,500 median sale price for the previous year. There were 877 homes sold in Eden Prairie in 2019.

The median sales tax in Eden Prairie for the most recent year with available data, 2019, was $4,772, approximately 1.1% of the median home sale price for 2020.

The following table compares Eden Prairie to other Hennepin County cities with similar median sale prices in 2020:

CityJan. - Dec. 2020 Home SalesJan. - Dec. 2019 Home Sales% change (Total Home Sales)Jan. - Dec. 2020 Median Sales PriceJan. - Dec. 2019 Median Sales Price% change (Median Sales Price)
Independence4062-35.5%$573,577.50$449,514.5327.6%
Shorewood99135-26.7%$503,500$475,0006%
Orono104179-41.9%$497,500$714,000-30.3%
Minnetrista142194-26.8%$482,500$421,50014.5%
Minnetonka485811-40.2%$422,000$389,0008.5%
Eden Prairie452877-48.5%$415,000$393,5005.5%
Greenfield3046-34.8%$410,625$360,00014.1%
Hanover815-46.7%$380,000$310,00022.6%
Plymouth7121,090-34.7%$379,250$375,0001.1%
Corcoran5275-30.7%$376,000$372,5000.9%
Golden Valley212375-43.5%$370,000$342,5008%

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