House Prices

Lake Edina Minneapolis, MN House Prices & Home Values 2026


Average Data

average house price$251,678
average size per house1202 ft²
average price per ft²200 $ / ft²

04/17/2026 - The value range (VR) for house prices in Lake Edina Minneapolis, MN is $190/ sqft to $210/ sqft. An average home with 1202 sqft costs approximately $217,647 to $240,557. Minneapolis, MN includes 1 ZIP codes and it is located in Hennepin county. The lowest prices are found in ZIP 55435, while the highest are in ZIP 55435. The average price per sqare feet is $200. Our analysis is based on 10 property listings.

Avergage prices by ZIP codes Lake Edina Minneapolis

55435200 $ / ft²




Historical development of home values in Lake Edina Minneapolis

Year Estimated value (USD) Change vs. 2025
2010 $116,884 -53.6%
2011 $112,364 -55.4%
2012 $112,061 -55.5%
2013 $116,250 -53.8%
2014 $122,030 -51.5%
2015 $128,293 -49.0%
2016 $134,989 -46.4%
2017 $142,275 -43.5%
2018 $150,140 -40.3%
2019 $157,102 -37.6%
2020 $165,223 -34.4%
2021 $187,924 -25.3%
2022 $219,077 -13.0%
2023 $231,027 -8.2%
2024 $244,392 -2.9%
2025 $251,678 0.0%

Graph: estimated home values in Lake Edina Minneapolis over time (USD)



Example: 100% financing house in Lake Edina Minneapolis

Loan amount: $251,678

Interest rate: 5.72%

Fixed monthly payment: $1,463.61

Breakdown in the 1st month:
Interest portion: $1,199.25  –  Principal portion: $264.37

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $14,306.47 $3,256.87 $248,421.13
2 $14,115.29 $3,448.06 $244,973.06
3 $13,912.88 $3,650.47 $241,322.59
4 $13,698.58 $3,864.76 $237,457.83
5 $13,471.71 $4,091.64 $233,366.19
6 $13,231.52 $4,331.83 $229,034.37
7 $12,977.23 $4,586.12 $224,448.25
8 $12,708.02 $4,855.33 $219,592.92
9 $12,422.99 $5,140.35 $214,452.57
10 $12,121.24 $5,442.10 $209,010.46
11 $11,801.78 $5,761.57 $203,248.89
12 $11,463.56 $6,099.79 $197,149.10
13 $11,105.48 $6,457.86 $190,691.24
14 $10,726.39 $6,836.96 $183,854.28
15 $10,325.04 $7,238.30 $176,615.98
16 $9,900.14 $7,663.21 $168,952.77
17 $9,450.29 $8,113.06 $160,839.70
18 $8,974.03 $8,589.32 $152,250.38
19 $8,469.81 $9,093.53 $143,156.85
20 $7,936.00 $9,627.35 $133,529.50
21 $7,370.85 $10,192.50 $123,337.00
22 $6,772.52 $10,790.83 $112,546.18
23 $6,139.07 $11,424.28 $101,121.90
24 $5,468.44 $12,094.91 $89,026.99
25 $4,758.43 $12,804.91 $76,222.08
26 $4,006.75 $13,556.59 $62,665.48
27 $3,210.95 $14,352.40 $48,313.08
28 $2,368.42 $15,194.93 $33,118.16
29 $1,476.44 $16,086.91 $17,031.25
30 $532.10 $17,031.25 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Lake Edina Minneapolis, MN


1500 sqft3900 sqft
Ø selling price$345,939$735,907
Ø fast selling$314,490$662,316
Ø high price sale$377,389$809,498

In 2026, houses in Lake Edina Minneapolis, MN will be offered at an average price of $200 per square foot. A 1,500 sqft home priced at $345,939 is 21.92% more expensive per square foot than a 3,900 sqft home priced at $735,907. Home prices in Lake Edina Minneapolis, MN vary significantly depending on the property’s condition and exact location. For a quick sale, a 2,700 sqft home should be listed at around $509,474. Sellers who can wait longer may achieve a higher price of up to $622,691.


Lake Edina Neighborhood Guide (Edina, Minneapolis Area)

Location & Connectivity

The Lake Edina neighborhood sits in Edina, MN, just southwest of Minneapolis in the Twin Cities metro.

Centered around its namesake lake, the area blends suburban calm with quick access to urban amenities.

Residents enjoy easy connectivity via Highway 62, France Avenue, and nearby I-494 for commutes across Minneapolis?Saint Paul.

Lifestyle & Amenities

Everyday conveniences cluster around Southdale Center, the Galleria, and the France Avenue dining corridor.

Outdoor lovers appreciate paths around Lake Edina, proximity to Centennial Lakes Park, and Nine Mile Creek regional trails.

Top-rated Edina Public Schools and nearby parks create a family-friendly vibe without sacrificing nightlife and culture.

Seasonal community events, skating rinks, and farmers markets add local character and year-round activity.

Housing & Real Estate

Housing in Lake Edina ranges from mid-century single-family homes to townhomes and updated condos near shopping and transit.

The local real estate market is competitive, with buyers drawn to walkability, lake views, and strong school boundaries.

Home shoppers seeking Lake Edina homes for sale value its blend of lifestyle perks, commute convenience, and long-term resale appeal.



FAQ – Home Values in Lake Edina Minneapolis

What is the median home value in Lake Edina Minneapolis in 2026?

In 2026, the typical home value in Lake Edina Minneapolis is about $251,678 for an average home size of 1202 square feet. This corresponds to an average price of roughly $200 per square foot.

What is the average cost per square foot in Lake Edina Minneapolis?

In 2026, homes in Lake Edina Minneapolis sell for an average of around $200 per square foot, with a typical range between $190 and $210 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Lake Edina?

The average home size in Lake Edina Minneapolis is about 1202 square feet, with an estimated 2026 value around $251,678.



Neighborhoods close to Lake Edina Minneapolis, MN

Cedar Riverside Minneapolis, MN206 $ / ft²
Taconite Harbor Schroeder, MN168 $ / ft²
Giants Ridge Biwabik, MN125 $ / ft²
Lyndale Minneapolis, MN230 $ / ft²
Downtown Excelsior Excelsior, MN295 $ / ft²
Chanhassen Hills Chanhassen, MN238 $ / ft²
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