Home prices
The median home price in Edina is $476,300. In comparison to its surrounding areas this is roughly $211,600 (79%) higher.It is about $258,800 (118%) higher in comparison to the United States as a whole, and in comparison to the city of Minneapolis it is approximately $224,700 (89%) higher.
Rents
The median monthly rent in Edina is $1,404. This is roughly $214 (18%) higher compared to its nearby areas.It is roughly $342 (32%) higher in comparison to the US as a whole, and in comparison to the city of Minneapolis it is approximately $377 (36%) higher.
Nearby places
Hopkins
Hopkins is Edina's neighbor to the northwest. Real estate prices there are a lot less expensive. The median home value in Hopkins is $227,500, which works out to $248,800 (109%) lower than Edina. The rent there is significantly less expensive. The median monthly rent in Hopkins is $1,032, which comes out to $372 (36%) lower than Edina.
Richfield
Richfield is Edina's neighbor to the east. Its housing prices are significantly less expensive. The value of the median home in Richfield is $225,200, which is $251,100 (111%) lower than Edina. The rent there is a bit less expensive. The median rent in Richfield is $1,079 per month, which works out to $325 (30%) lower than Edina.
St. Louis Park
St. Louis Park is Edina's neighbor to the north. Its real estate prices are substantially less expensive. The median home price in St. Louis Park is $271,600, which comes out to $204,700 (75%) lower than Edina. Rents there are a bit less expensive. The median monthly rent in St. Louis Park is $1,232, which comes out to $172 (13%) lower than Edina.
Bloomington
Bloomington is Edina's neighbor to the southeast. Real estate prices there are a lot less expensive. The median home price in Bloomington is $251,300, which comes out to $225,000 (89%) lower than Edina. Its rents are somewhat less expensive. In Bloomington the median rent is $1,178 a month, which comes out to $226 (19%) lower than Edina.
Minnetonka
Minnetonka is Edina's neighbor to the northwest. Its real estate prices are substantially less expensive. Minnetonka's median home value is $347,900, which works out to $128,400 (36%) lower than Edina. The rent there is similar. Minnetonka's median monthly rent is $1,428, which works out to $24 (1%) higher than Edina.