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Edina, MN

Full City Profile · Minnesota · Scott County County

3.7 /5.0
B+ Good
53,125 Population 3,436/sq mi density
$129,225 Median Income $88,868 per capita
$624,000 Home Value $602,801 Zillow
$1,757 Median Rent 30.1% income on rent
47°F Avg Temperature 270 sunny days/yr
89 Violent Crime/100K 1,852 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$129,225 median income, 2.4% unemployment
B+
Affordability
4.0 / 5.0
$624,000 home value, $1,757/mo rent
F
Safety
1.0 / 5.0
89 violent crimes/100K
A+
Education
5.0 / 5.0
72.2% bachelor's degree or higher

Housing Overview

Median Home Value
$624,000
121% above
US avg: $281,900
Median Rent
$1,757/mo
51% above
US avg: $1,163/mo
Homeownership Rate
72.4%
11% above US avg (65.4%)
Total Housing Units
23,998
Median year built: 1970

Home Value by Source

Census Median
$624,000
Zillow (ZHVI)
$602,801
Median Sale Price
$787,500
Median List Price
$875,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

72.4%
Owner-Occupied
27.6%
Renter-Occupied
72%
28%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$809/mo
1 Bedroom
$899/mo
2 Bedroom
$1,125/mo
3 Bedroom
$1,483/mo
4 Bedroom
$1,698/mo
Census median rent: $1,757/mo · Zillow rent: $1,970/mo

Market Indicators (Redfin)

Median Days on Market
75 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
32
Price Drops
14.1%
of listings with price reduction
Price Per Sq Ft
$277
Active Inventory
156
homes for sale

Affordability & Housing Stock

Rent Burden
30.1%
of renters spending 30%+ of income on housing
3% below US avg (31.0%)
Median Year Built
1970
Average age of housing stock: 56 years
Homeownership Rate
72.4%

Complete Housing Data

Home Values

Census Median Value$624,000
Zillow Home Value (ZHVI)$602,801
Median Sale Price$787,500
Median List Price$875,000
Price Per Sq Ft$277

Rent

Census Median Rent$1,757
Zillow Rent (ZORI)$1,970
FMR Studio$809
FMR 1-Bedroom$899
FMR 2-Bedroom$1,125
FMR 3-Bedroom$1,483
FMR 4-Bedroom$1,698

Market

Days on Market75
Sale-to-List Ratio1.0%
Price Drops14.1%
Homes Sold32
Active Inventory156
Price Per Sq Ft$277

Ownership & Stock

Owner-Occupied72.4%
Renter-Occupied27.6%
Homeownership Rate72.4%
Total Housing Units23,998
Median Year Built1970
Rent Burden30.1%