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Minnesota State Wire

Thursday, November 7, 2024

Eden Prairie home prices rose in the fourth quarter of 2020

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The median sale price of a home sold in the fourth quarter of 2020 in Eden Prairie rose by $32,500 while total sales decreased by 63.9%, according to BlockShopper.com.

From October through December of 2020, there were 53 homes sold, with a median sale price of $417,500 - a 8.4% increase over the $385,000 median sale price for the same period of the previous year. There were 147 homes sold in Eden Prairie in the fourth quarter of 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 the fourth quarter of 2020.

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

CityOct. - Dec. 2020 Home SalesOct. - Dec. 2019 Home Sales% change (Total Home Sales)Oct. - Dec. 2020 Median Sales PriceOct. - Dec. 2019 Median Sales Price% change (Median Sales Price)
Orono1933-42.4%$489,900$829,000-40.9%
Minnetonka51167-69.5%$465,000$386,00020.5%
Minnetrista1646-65.2%$442,500$431,3782.6%
Dayton418-77.8%$441,250$285,95054.3%
Corcoran816-50%$440,000$271,45062.1%
Eden Prairie53147-63.9%$417,500$385,0008.4%
Golden Valley2769-60.9%$415,000$330,00025.8%
Plymouth88232-62.1%$414,725$361,80014.6%
Hanover12-50%$365,000$429,190-15%
Rogers1125-56%$355,000$269,23031.9%
Maple Grove65196-66.8%$345,000$323,5006.6%

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