TWIN CITIES NEW CONSTRUCTION GUIDE 2026 V2

EDINA

Downtown Commute: 9 miles, 10-15 min

Airport Commute: 9 miles, 10-15 min

New Developments 0, only teardowns

Tax Rate: 1.29-1.3%

Restaurants 95 rated 4.5+

A premier close-in suburb offering top-tier schools, unmatched convenience, and long-term desirability.

Edina is one of the most established and consistently desirable close-in suburbs in the west metro, known for its prime location, polished feel, and strong long-term appeal. It functions very differently from outer-ring growth markets — rather than feeling like a city still taking shape, Edina feels mature, complete, and highly refined. That makes it especially attractive for relocation buyers, executive buyers, and homeowners who want quick access to Minneapolis without giving up a distinctly suburban lifestyle. A big part of Edina's appeal is how much it offers in a relatively compact footprint. Everyday life is anchored by well-known hubs like 50th & France, Southdale Center, and the Galleria, which give the city a level of shopping, dining, and convenience few suburbs can match — including 95 restaurants rated 4.5 stars or higher, the highest count in the guide. The park system extends that range with more than 40 parks and over 1,500 acres of open space, plus destinations like Centennial Lakes Park that add a more scenic, recreation-oriented layer to the community. Housing in Edina stands apart because most "new construction" here isn't traditional subdivision development. It's almost entirely tear-downs and infill custom builds within established neighborhoods, running around $421 per square foot — among the highest in the metro. That creates a very different buyer experience than master-planned communities. Buyers are choosing Edina because they want a newer or highly updated home in a premier, close-in setting with mature trees, stronger neighborhood identity, and access to amenities already in place. “Mature, complete, and highly refined.”

MARKET SNAPSHOT

Median Sales Prices: — Single Family: $899,000 — Townhomes: $540,000 — New Construction: $1,899,500

Price Per Square Foot: — Resale Homes: $261 — New Construction: $421

Month Supply of Inventory: 3.1

Brandon Doyle | brandon@doylerealestateteam.com | 612–702–7687

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