Is Eden Prairie, MN 55347 a buyer’s or seller’s market?

The Eden Prairie housing market right now

In the three months ending August 31, 2026, 39% of homes in Eden Prairie, MN 55347 sold above their list price, the typical home went under contract in 20 days and there were 1.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 166 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 33%, homes sold about as fast and the median sale price rose 4% to $553,016. Overall, Eden Prairie is more competitive than a year ago, so tougher for buyers.

Within Hennepin County, homes here sell faster than in 58% of the county’s ZIP codes, and sell more often over asking than in 58%. On our competition score, Eden Prairie ranks #58 of 296 MN ZIP codes with enough sales (score 80 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.