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Foreclosure Homes in Edina, MN

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View this home at Concord Ter Edina MN 55424
Preforeclosure
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$593,583 EMV
Concord Ter
Edina, MN 55424
Single-Family
|
4 |
2
|
1,660
EST. RENT: $2,990
|
AUCTION: 04-23-2024
Single-Family
|
4 |
2
|
1,660
4 View this home at Lincoln Dr Apt 154 Edina MN 55436
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$275,000 EMV
Lincoln Dr Apt 154
Edina, MN 55436
Condo
|
2 |
2
|
1,928
EST. RENT: $2,090
|
AUCTION: 04-02-2024
Condo
|
2 |
2
|
1,928
5 View this home at Scott Ter Edina MN 55416
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Scott Ter
Edina, MN 55416
Single-Family
|
3 |
1
|
1,300
AUCTION: 03-26-2024
Single-Family
|
3 |
1
|
1,300
View this home at Lincoln Dr Edina MN 55436
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Lincoln Dr
Edina, MN 55436
0
AUCTION: 04-02-2024
0
View this home at Richmond Ln Edina MN 55436
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$445,500 EMV
Richmond Ln
Edina, MN 55436
Single-Family
|
4 |
1
EST. RENT: $2,610
|
AUCTION: 03-26-2024
Single-Family
|
4 |
1
View this home at Beard Ave S Edina MN 55410
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$360,399 EMV
Beard Ave S
Edina, MN 55410
Single-Family
|
3 |
1
EST. RENT: $2,980
|
AUCTION: 03-26-2024
Single-Family
|
3 |
1
View this home at Lanham Ln Edina MN 55439
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$908,880 EMV
Lanham Ln
Edina, MN 55439
Single-Family
|
5 |
5
|
5,322
EST. RENT: $3,890
|
AUCTION: 03-25-2024
Single-Family
|
5 |
5
|
5,322
Displaying 1 - 10 of 33
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Edina, MN Foreclosures

How much do homes sell for in Edina, MN?
The average home price is currently $667,772.
In Edina, MN, how many homes are available?
There are currently 17,509 active home listings available in Edina.
What’s the average rental cost in Edina, MN?
The average rental price in Edina is $2,380.
What is the most expensive home in Edina, Minnesota?
The most expensive home sold in Edina had a price of $8,094,200.
What is currently the cheapest priced home in Edina, MN?
The cheapest home for sale in Edina is priced at $76,913.

Home Value Estimator For Edina, MN

There are currently 17,509 real estate properties in Edina, MN, with a median automated valuation model (AVM) price of $555,281.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Edina, MN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Edina, MN, is $667,772.00, with the most expensive house in Edina, MN, topping out at $8,094,200.00 and the cheapest home in Edina, MN, clocking in at $76,913.00. In other words, there’s something for every potential homebuyer or savvy investor in Edina, MN!


Rent Prices In Edina, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Edina, MN, is on a rollercoaster ride. The average rent price in Edina, MN, is $2,380.00. Indeed, when looking to rent in Edina, MN, you can expect to pay as little as $820.00 or as much as $5,480.00, with the average rent median estimated to be $2,340.00. The good news is that finding an affordable and desirable property to rent in Edina, MN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.


Top Reasons To Live In Edina, MN In 2024

Edina is located in Hennepin, Minnesota, with an estimated municipal population of 52,857 residents. All of the best foreclosed homes for sale in Edina are located in the following zip code areas on Foreclosure.com: 55424 55436 55435 55439 55410. The estimated population per square kilometer (.62 miles) in Edina is 1,320.


Cost Of Living In Edina, MN

So, about how much do homes cost in Edina? The most recent median value of resident-owned homes in Edina is 470,659. An estimated 70.8 percent of households in Edina own their homes, with an average family size of 3. The median household income in Edina is 104,244, with51.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Edina, the median commute time of resident workers (in minutes) is 21.3. And last, but certainly not least, are you looking for homes to rent in Edina? If so, the average rent price paid by renters in Edina is 1,404, according to recent statistics.


Diversity And Demographics In Edina, Minnesota

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Edina, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Edina is 44.2, split between 47.9 percent male versus 52.1 female. The percentage of residents who report being married in Edina is 60.1, with an average family size of 3.

The percentage of residents who report their race in Edina is as follows:

White 85.9%
Black / African American 2.6%
Asian 7.6%
American Indian / Alaskan Native 0.2%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2.6%
Other 1.1%

Looking for family-friendly neighborhoods in and/or near Edina? Or maybe you are searching for 55+ active adult communities in and/or near Edina?

The percentage of residents who report their age in Edina is as follows:

Under 10 12.1%
Aged 10-19 13.2%
20s 8%
30s 11.2%
40s 13.7%
50s 13.9%
60s 12.9%
70s 8.1%
80+ 6.9%

Best Schools In Edina, Minnesota

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Edina with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Edina.


Pros And Cons Of Living In Edina, Minnesota

How do you know that living in -- or moving to -- Edina is right where you need to be? Perhaps you grew up in Edina or already live nearby; therefore, the decision to buy a home in Edina is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Edina for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Edina:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Edina.


Reasons To Move To Edina, Minnesota, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Edina can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Edina, meanwhile, can field multiple offers from more qualified buyers.

Edina, MN Foreclosures


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