Edina home prices rise in January 2020

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The median sale price of a home sold in January 2020 in Edina rose by $150,403 while total sales decreased by 22.6%, according to BlockShopper.com.

In January 2020, there were 24 homes sold, with a median sale price of $750,403 - a 25.1% increase over the $600,000 median sale price for the same period of the previous year. There were 31 homes sold in Edina in January 2019.

The median sales tax in Edina for the most recent year with available data, 2015, was $6,269, approximately 0.8% of the median home sale price for January 2020.

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

City
Jan. 2020 Home Sales
Jan. 2019 Home Sales
% change (Total Home Sales)
Jan. 2020 Median Sales Price
Jan. 2019 Median Sales Price
% change (Median Sales Price)
Excelsior
2
2
0%
$1,130,750
$931,350
21.4%
Medina
3
1
200%
$940,000
$170,000
452.9%
Deephaven
7
0
-
$785,000
$0
-
Edina
24
31
-22.6%
$750,403.14
$600,000
25.1%
Independence
1
5
-80%
$725,000
$252,500
187.1%
Corcoran
3
3
0%
$570,000
$347,500
64%
Wayzata
2
6
-66.7%
$566,500
$551,450
2.7%
Spring Park
2
0
-
$534,950
$0
-
Minnetrista
14
12
16.7%
$529,950
$371,500
42.7%
Shorewood
5
8
-37.5%
$520,000
$448,700
15.9%
Dayton
3
2
50%
$460,000
$418,750
9.9%

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