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Foreclosure Homes in Edina, MN

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Edina, MN Foreclosures

How much do homes sell for in Edina, MN?
The average home price is currently $733,386.
In Edina, MN, how many homes are available?
There are currently 47 active home listings available in Edina.
What’s the average rental cost in Edina, MN?
The average rental price in Edina is $2,369.
What is the most expensive home in Edina?
The most expensive home sold in Edina had a price of $8,094,200.
What is currently the cheapest priced home in Edina, MN?
The cheapest home for sale in Edina is priced at $32,766.

Living in Edina, MN

Edina, MN, is a picturesque suburb just outside of Minneapolis known for its strong sense of community. With top-rated schools, a plethora of parks, and vibrant shopping areas, Edina offers a balanced lifestyle for families and professionals alike. Residents can enjoy year-round activities, making it a desirable location to call home.

Current Market Conditions in Edina, MN

Edina's real estate market is currently experiencing a steady increase in home values, influenced by its desirability and robust demand. The area continues to attract buyers due to its strong school district, amenities, and proximity to Minneapolis, ensuring a competitive market for sellers.

Inventory levels have been low, which has led to bidding wars on well-priced homes. The influx of young professionals and families seeking spacious homes and safe neighborhoods has contributed to this trend.

Home Value Estimator For Edina, MN

There are currently 15,164 real estate properties in Edina, MN, with a median automated valuation model (AVM) price of $639,954.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Edina, MN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Edina, MN, is $733,386.00, with the most expensive house in Edina, MN, topping out at $8,094,200.00 and the cheapest home in Edina, MN, clocking in at $32,766.00. In other words, there’s something for every potential homebuyer or savvy investor in Edina, MN!

Rent Prices In Edina, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Edina, MN, is on a rollercoaster ride. The average rent price in Edina, MN, is $2,369.00. Indeed, when looking to rent in Edina, MN, you can expect to pay as little as $820.00 or as much as $5,480.00, with the average rent median estimated to be $2,330.00. The good news is that finding an affordable and desirable property to rent in Edina, MN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Edina, MN Foreclosures

Market Trend for Edina, MN

Total Listings Available: 47

Market Values:

Home Prices from $32,766 to $8,094,200

Average Sales Price: $733,386

Rental Values:

Rental from $820 to $5,480

Average Rent Value: $2,369 / month

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