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Preforeclosure 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 $869,408.
In Edina, MN, how many homes are available?
There are currently 12 active home listings available in Edina.
What’s the average rental cost in Edina, MN?
The average rental price in Edina is $2,385.
What is the most expensive home in Edina?
The most expensive home sold in Edina had a price of $88,116,036.
What is currently the cheapest priced home in Edina, MN?
The cheapest home for sale in Edina is priced at $10,037.

Living in Edina, MN

Edina, MN, is a flourishing suburb known for its excellent schools and affluence. With ample parks, diverse dining options, and upscale shopping, Edina offers a high standard of living. Residents enjoy a family-friendly atmosphere with strong community ties and easy access to the urban landscape of Minneapolis.

Current Market Conditions in Edina, MN

Edina's real estate market remains strong, with a consistent upward trend in home prices due to the city's desirable location and quality of life. The demand for housing continues to outpace supply, leading to a competitive market for buyers. Homes in good condition are often receiving multiple offers, emphasizing the attractiveness of the area to potential homeowners.

The rental market in Edina is also thriving, with an increase in new developments catering to both young professionals and families looking to live closer to amenities without sacrificing the suburban lifestyle.

Home Value Estimator For Edina, MN

There are currently 17,786 real estate properties in Edina, MN, with a median automated valuation model (AVM) price of $668,025.00. 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 $869,408.00, with the most expensive house in Edina, MN, topping out at $88,116,036.00 and the cheapest home in Edina, MN, clocking in at $10,037.00. 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 $2,385.00. 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 $2,340.00. 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 Preforeclosure Homes


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