The scenic town of Edina, Minnesota, was originally settled by Scottish and Irish immigrants and has since developed into a diverse metropolitan community of over 48,000 residents. Located southwest of Minneapolis in Hennepin County, residents of Edina value the rich history and scenic location of their hometown. A stunning natural setting makes outdoor activities enjoyable year-round. Edina maintains an extensive network of parks, many with lakes that are used for fishing, boating, and in the winter, ice-skating. There are also several golf courses in Edina, including the Braemar Course and the Fred Richards Executive Golf Course. In the summer, the Edina Aquatic Center provides refreshing fun for all ages with its waterslides, tube flumes, pools and tunnels.
Promoting cultural development, the Edina Art Center offers classes and has galleries to display the art of local and national artists in various media. K-12 students are enrolled in the top-rated schools within the Edina School District or the Intermediate School District 287. Universities are also in close proximity including the University of Minnesota-Twin Cities. Shopping in Edina is convenient, especially at 50th Street and France Avenue. Quaint and charming, 50th and France is filled with one-of-a-kind shops, eateries and service businesses. The city is also the proud home of Southdale Center, the first fully enclosed, climate-controlled mall in the United States. Edina is just minutes away from the big-city attractions, entertainment and economic opportunities of Minneapolis and St. Paul.
The Edina real estate market is made up of single-family houses, condominiums and townhouses. Some properties in Edina are located near creeks, lakes, ponds or other bodies of water and provide scenic water views. Prices for homes in Edina are listed starting from the $75,000 to $5 million for large estate properties complete with cathedral ceilings and set on beautiful landscapes. Condominiums in Edina and Hennepin County townhouses are priced at just under $200,000 to the $1 million. A few townhomes in Edina have finished basements. Land lots in Edina are also available for custom development.
Edina MN Real Estate for the week of January 23rd, 2012: homes priced around $472,967 compared to $511,267 the previous week, showing a decrease of less than -8%. For Friday, January 27th, the current national mortgage rate for a 30 year fixed mortgage is 3.89%; the 15 year fixed rate is at 3.22%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.43%, while the 15 year jumbo rate currently is at 3.69%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in Edina MN. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures in Edina, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes in Edina, Edina neighborhood information, crime stats, home values, and schools in Edina to help you find the best home!