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EDEN PRAIRIE, MN 55347

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The EDEN PRAIRIE, MN real estate market (55347) currently shows 119 active listings, with 61 pending sales. Homes are averaging 30 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

The median listing price has fallen 3.6% year-over-year, from $729,900 to $703,475.

Whether you are buying or selling in EDEN PRAIRIE, MN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 30,816  ·  Density: 705.6/mi²  ·  Median household income: $158,475

Typical home value: $477,033  ·  Homeownership: 91.9%

Market Overview

Active Listings
119
⇩ 2.5% vs 122 last year
Pending
61
51% pending ratio
Median Price
$703,475
⇩ 3.6% vs $729,900 last year
Average Price
$913,243
⇩ 6.4% vs $975,926 last year
Days on Market
30
vs 30 days last year

Price Per Square Foot

Median $/sqft
$208
⇩ 8.4% vs $227/sqft last year
Median Home Size
3,578 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 119 this year vs 122 last year
  • Days on market: 30 now vs 30 last year

Median & Average Pricing

Year over Year
  • Median: $703,475 (-3.6% YoY)
  • Average: $913,243 (-6.4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 10.1 miles — 1,018 listings ($1,217,632,540 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55347Eden Prairie, MN 553470.0 mi101$89,170,880$639,725$882,880
55346Eden Prairie, MN 553463.5 mi21$13,736,478$525,000$654,118
55317Chanhassen, MN 553174.6 mi56$48,269,760$459,500$861,960
55379Shakopee, MN 553795.7 mi155$81,939,975$511,348$528,645
55345Minnetonka, MN 553456.0 mi55$51,561,180$629,725$937,476
55436Minneapolis, MN 554366.8 mi69$107,943,117$637,475$1,564,393
55378Savage, MN 553787.2 mi87$48,081,333$451,944$552,659
55424Minneapolis, MN 554248.1 mi41$76,883,200$1,878,750$1,875,200
55331Excelsior, MN 553318.5 mi124$286,156,412$1,740,239$2,307,713
55420Minneapolis, MN 554209.3 mi30$9,347,010$334,950$311,567
55423Minneapolis, MN 554239.6 mi70$20,602,190$308,700$294,317
55391Wayzata, MN 553919.8 mi109$352,358,305$2,417,000$3,232,645
55337Burnsville, MN 5533710.1 mi100$31,582,700$299,950$315,827

Frequently Asked Questions

How many homes are for sale in EDEN PRAIRIE, MN 55347?

As of March 2026, there are 119 active listings in EDEN PRAIRIE, MN (zip code 55347), compared to 122 the prior year.

What is the median home price in EDEN PRAIRIE, MN 55347?

The median listing price in EDEN PRAIRIE, MN 55347 is $703,475 as of March 2026, a 3.6% decrease from $729,900 the prior year.

How long do homes stay on the market in EDEN PRAIRIE, MN?

Homes in EDEN PRAIRIE, MN 55347 spend an average of 30 days on the market before going under contract, compared to 30 days the prior year.

Is it a seller's or buyer's market in EDEN PRAIRIE, MN 55347?

Based on current inventory and days-on-market data as of March 2026, EDEN PRAIRIE, MN 55347 is currently a Balanced Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

How much can I save on real estate commission in EDEN PRAIRIE, MN?

With SELL123.com's maximum 3% commission, sellers in EDEN PRAIRIE, MN 55347 save an estimated $14,070 compared to a typical 5% commission on the median listing price of $703,475. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.