Is Eden Prairie, MN 55346 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Eden Prairie is a seller’s market. With about 2 months of supply and 42% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score79/ 100

More competitive than 84% of U.S. ZIP codes, and #64 of 296 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply2Under 4 months = seller’s market
Sold above original list41.9%Share of sales, last 3 months
Median sale-to-list100%Sold price ÷ list price
Median days on market21Listing to accepted offer
Median price per sq ft$211▼ −4.9% vs. last year

The Eden Prairie housing market right now

In the three months ending August 31, 2026, 42% of homes in Eden Prairie, MN 55346 sold above their list price, the typical home went under contract in 21 days and there were 2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 64 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (40% then), homes sold more slowly (15 days then) and the median sale price rose 5% to $481,042. Overall, Eden Prairie is about as competitive as it was a year ago.

Within Hennepin County, homes here sell more slowly than in 53% of the county’s ZIP codes, and sell more often over asking than in 66%. On our competition score, Eden Prairie ranks #64 of 296 MN ZIP codes with enough sales (score 79 out of 100).

Nearby, buyers who want less competition could look at Minneapolis 55454 (0% sold over asking) or Minneapolis 55403 (6% sold over asking), while Minneapolis 55406 (59% sold over asking) and Minneapolis 55441 (58% sold over asking) are even more competitive.

Nearby markets

Champlin 55316Seller’s market $201 /sq ftDayton 55327Seller’s market $214 /sq ftEden Prairie 55344Seller’s market $217 /sq ftEden Prairie 55347Seller’s market $214 /sq ft Browse all markets →

Where Eden Prairie is

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Questions about Eden Prairie real estate

Is Eden Prairie a buyer’s or seller’s market?

A seller’s market: there were 2 months of supply in Eden Prairie, MN 55346 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Eden Prairie?

The typical home went under contract in 21 days in the latest three months.

Do homes in Eden Prairie sell over asking?

42% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.

What are property taxes in Eden Prairie?

About 1.14% of a home’s value a year in Hennepin County, or roughly $4,560 on a $400,000 home.

What is the median home price in Eden Prairie?

The median sale price was $481,042 in the three months ending August 31, 2026, about $211 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology