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South Hennepin News

Friday, September 12, 2025

Edina home prices fall in October 2018

Webp re 13

The median sale price of a home sold in October 2018 in Edina fell by $68,900 while total sales decreased by 1.5%, according to BlockShopper.com.

In October 2018, there were 64 homes sold, with a median sale price of $481,000 - a 12.5% decrease over the $549,900 median sale price for the same period of the previous year. There were 65 homes sold in Edina in October 2017.

The median sales tax in Edina for the most recent year with available data, 2015, was $6,269, approximately 1.3% of the median home sale price for October 2018.

The following table compares Edina to other Hennepin County cities with similar median sales prices in October 2018:

CityOct. 2018 Home SalesOct. 2017 Home Sales% change (Total Home Sales)Oct. 2018 Median Sales PriceOct. 2017 Median Sales Price% change (Median Sales Price)
Wayzata10666.7%$1,176,500$907,50029.6%
Orono221637.5%$662,500$455,00045.6%
Excelsior72250%$600,000$1,897,500-68.4%
Woodland10-$600,000$0-
Medina131030%$594,930$606,750-1.9%
Edina6465-1.5%$481,000$549,900-12.5%
Independence8560%$479,500$410,00017%
Greenfield5366.7%$477,500$328,50045.4%
Minnetrista2010100%$461,250$359,00028.5%
Spring Park23-33.3%$393,380$221,00078%
Corcoran7540%$385,000$488,000-21.1%

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