Rising home prices in Edina in August 2021

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The median sale price of a home sold in August 2021 in Edina rose by $278,500 while total sales decreased by 62.5%, according to BlockShopper.com.

In August 2021, there were 21 homes sold, with a median sale price of $900,000 - a 44.8% increase over the $621,500 median sale price for the same period of the previous year. There were 56 homes sold in Edina in August 2020.

The median sales tax in Edina for the most recent year with available data, 2019, was $7,085, approximately 0.8% of the median home sale price for August 2021.

The following table compares Edina to other Hennepin County cities with similar median sale prices in August 2021:

CityAug. 2021 Home SalesAug. 2020 Home Sales% change (Total Home Sales)Aug. 2021 Median Sales PriceAug. 2020 Median Sales Price% change (Median Sales Price)
Greenwood12-50%$1,496,000$1,065,00040.5%
Edina2156-62.5%$900,000$621,50044.8%
Deephaven37-57.1%$760,000$600,00026.7%
Shorewood217-88.2%$725,000$575,00026.1%
Wayzata28-75%$725,000$667,5008.6%
Medina39-66.7%$651,000$735,000-11.4%
Long Lake21100%$600,000$314,90090.5%
Rogers412-66.7%$552,500$372,50048.3%
Golden Valley917-47.1%$490,000$409,90019.5%
Plymouth3264-50%$472,500$401,585.5017.7%
Eden Prairie2831-9.7%$450,250$450,0000.1%

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