States · Minnesota · Hennepin County

Eden Prairie, Minnesota.

Typical home $499,728 (+2.5% in a year), asking rent $1,837 (+3.7%). Minneapolis-St. Paul-Bloomington, MN-WI metro.

What it costs per month · Eden Prairie $2,623/mo

to buy the typical home at today's mortgage rate — +$1,246 (+90%) since Jan 2020.

What the home itself did
1 year
Up $12,254 +3%
$487,474$499,728 since Sep 2025
5 years
Up $59,237 +13%
$440,491$499,728 since Sep 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$500 $1,000 $1,500 $2,000 $2,500 2002 2006 2010 2014 2018 2022 2026 Eden Prairie $2,623 Minnesota $1,831 United States $1,922
$500 $1,000 $1,500 $2,000 $2,500 2002 2010 2018 2026
  • Eden Prairie$2,623
  • Minnesota$1,831
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 27 years.

Typical home values in Eden Prairie, MN rose 2.5% over the past year — faster than the nation's +1.2%.

Asking rents in Eden Prairie, MN rose 3.7% over the past year — faster than the nation's +2.7%.

Owning the typical home in Eden Prairie runs $1,795/mo more than renting one. The gap peaked at $1,925 in Oct 2023.

That is $3,633 a month against $1,837 rent: a $2,623 mortgage payment, plus $475 property tax and $535 insurance & upkeep.

Owning vs renting — Eden Prairie

The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.

$1,500 $2,000 $2,500 $3,000 $3,500 2018 2020 2022 2024 2026 Owning all in $3,633 Renting $1,837 Mortgage only $2,623
$1,500 $2,000 $2,500 $3,000 $3,500 2018 2022 2026
  • Owning all in$3,633
  • Renting$1,837
  • Mortgage only$2,623

Property tax · $475/mo 1.14% of value a year — the ACS 2020-2024 median bill over the median home value for Hennepin County, MN

Insurance & upkeep · $535/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.

Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.

Living in Eden Prairie, Hennepin County, Minnesota

Eden Prairie is a city of 64,198 people in Hennepin County. Half its households earn more than $130,489 a year and half less, against $97,653 across Hennepin County; 5% of its people live below the poverty line. 76% of its homes are lived in by their owners and 24% are rented. Unemployment in Eden Prairie was 4.4% in August 2026, and Hennepin County had 0.2% more jobs in 2025 than the year before. The most residents work in schools and health care, then professional services.

People 64,198 in the 2020 census; median age 41.3
Household income $130,489 the median, give or take $4,539 · Hennepin County: $97,653
Unemployment 4.4% Eden Prairie, August 2026; 3.8% a year before
Homes 76% lived in by their owners; 24% rented

Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.

What it’s like

The place. Eden Prairie is a city in Hennepin County, home to a large and settled community of residents. Households here earn well above the county's typical income, and few residents live below the poverty line. Most homes are lived in by their owners, and a large majority of adults hold a four-year degree. Winters are cold, with January the coldest month, and summers turn pleasantly warm in July, with rain and melted snow spread across the year.

Work. Residents work mostly in schools, hospitals and social care, in professional and business services, and in manufacturing, with banks, insurance and property close behind. Among the largest workplaces in Eden Prairie are the Eden Prairie Public School District, Starkey Laboratories and Fortra. A typical commute is a short one, and a good number of residents work from home.

Things to do. Lake Minnetonka is a short drive away and is the nearest big stretch of water for walking its shores or getting out on the lake. Bde Maka Ska, another lake, is also a short drive off. A longer drive brings you to the Minneapolis Institute of Art, a museum, and to Saint Anthony Falls, a waterfall on the Mississippi.

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  • 25,665households
  • 65%of adults have a degree
  • 5%below the poverty line
  • 21 mintypical commute
  • 32%work from home

What residents work in

  • Schools, hospitals and social care19%
  • Professional and business services18%
  • Manufacturing15%
  • Banks, insurance and property13%
  • Shops (retail)11%
  • Restaurants, hotels and entertainment6%

Employed residents by industry, from the Census survey. Hennepin County had 919,062 jobs in 2025, 0.2% more than the year before (Bureau of Labor Statistics).

Weather through the year

Average daily high and low for each month: coldest in January, 24° and 8°; warmest in July, 84° and 64° 0° 20° 40° 60° 80° J 24° 8° F M A M J J 84° 64° A S O N D
Average daily high and low for each month: coldest in January, 24° and 8°; warmest in July, 84° and 64° 0° 20° 40° 60° 80° J 24° 8° F M A M J J 84° 64° A S O N D

Coldest in January, with highs near 24° and lows near 8°; warmest in July, with highs near 84° and lows near 64°. About 31 inches of rain and melted snow a year.

Average daily high and low, 1991–2020, at the Mpls Flying Cloud Airport weather station, a mile away (NOAA).

Largest workplaces in Eden Prairie

  1. Eden Prairie Public School DistrictSchool district1,390FTE
  2. Starkey LaboratoriesHearing aids, electronic, manufacturing1,347
  3. FortraSoftware publishers1,333
  4. MTS SystemsDetectors, scintillation, manufacturing702
  5. Fabcon Precast LLC FieldErecting structural steel479
  6. APi GroupHeating and ventilation system component installation448
  7. E A Sween Company-ManufacturingSandwiches, fresh, manufacturing435
  8. Cambria Sales and MarketingCountertops, stone, manufacturing361

Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 121 workplaces with 20 or more staff, 15,057 people in all. School districts come from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.

Natural hazards

  1. HailRelatively high
  2. Cold wavesRelatively high
  3. TornadoesRelatively high
  4. Heat wavesRelatively moderate
  5. Strong windRelatively moderate
  6. Winter weatherRelatively moderate

FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Eden Prairie’s census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.

From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Hennepin County and the Minneapolis-St. Paul-Bloomington, MN-WI metro.

Eden Prairie home values

Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.

$300,000 $400,000 $500,000 2018 2020 2022 2024 2026 Eden Prairie $499,728 Minnesota $348,778 United States $366,157
$300,000 $400,000 $500,000 2018 2022 2026
  • Eden Prairie$499,728
  • Minnesota$348,778
  • United States$366,157
Property tax, 2026 roll $5,476/yr median bill inside Eden Prairie, effective 1.10% of estimated value — current assessment rolls, AssessorSearch Data Lab, quality-gated against the county's official figures

Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.

Sellers are cutting prices on about 1 in 3 Eden Prairie listings, and the typical home goes pending in 25 days — the market is roughly in balance.

When this market ran hot

Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.

JFMAMJJASOND
2026
2025
2024
2023
2022
2021
2020
2019
2018
falling flat warming hot overheating runaway

Market heat, inside the city limits

Share of listings with a price cut

The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.

10% 20% 30% 2018 2019 2020 2021 2022 2023 2024 2025 2026 Eden Prairie 32.49% United States 26.90%
10% 20% 30% 2018 2022 2026
  • Eden Prairie32.49%
  • United States26.90%

Days to pending

How long the typical listing takes to go under contract.

20 40 60 2018 2019 2020 2021 2022 2023 2024 2025 2026 Eden Prairie 25 United States 27
20 40 60 2018 2022 2026
  • Eden Prairie25
  • United States27

Homes for sale

Active for-sale inventory. More supply hands power to buyers.

100 200 300 2018 2019 2020 2021 2022 2023 2024 2025 2026 Eden Prairie 272
100 200 300 2018 2022 2026
  • Eden Prairie272

New listings per month

Sellers arriving at the market.

50 100 150 2018 2019 2020 2021 2022 2023 2024 2025 2026 Eden Prairie 87
50 100 150 2018 2022 2026
  • Eden Prairie87

Median sale price

What buyers actually paid — closed sales, not asking prices.

$300,000 $400,000 $500,000 2018 2019 2020 2021 2022 2023 2024 2025 2026 Eden Prairie $475,331 United States $371,407
$300,000 $400,000 $500,000 2018 2022 2026
  • Eden Prairie$475,331
  • United States$371,407

Sale-to-list ratio

Above 100%, homes sell over asking; below, buyers negotiate wins.

97.5% 100.0% 102.5% 105.0% 2018 2019 2020 2021 2022 2023 2024 2025 2026 Eden Prairie 100.19%
97.5% 100.0% 102.5% 105.0% 2018 2022 2026
  • Eden Prairie100.19%

Zip codes with a Eden Prairie address

A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Eden Prairie — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.

Zip codes in Eden Prairie