Eden Prairie buyers have more choice, but homes are still moving
More homes came to market in Eden Prairie. Demand kept pace. That is the short version of what the Real Estate Data Aggregator counted for the three months ending August 31, 2026.
The Real Estate Data Aggregator counted 254 new listings across Eden Prairie, up 14.9% from the same three months in 2025. At the same time, pending sales rose 17.6% to 220. More supply came in, and buyers absorbed it.
Nationally, Realtor.com reported active listings grew 5.5%, topping 1.16 million homes for sale. Eden Prairie's new listing growth, at 14.9%, ran well ahead of that national pace.
The two ZIP codes tell slightly different stories
ZIP 55347 saw the bigger sales jump. The Real Estate Data Aggregator counted 161 homes sold there, up 26.8% from a year before. The median sale price rose 4.7% to $555,000.
ZIP 55346 was quieter on sales. The Real Estate Data Aggregator counted 64 homes sold, down 1.5%. But the median sale price still rose 6.5% to $490,000. Prices held up even as sales slipped a little.
| 55346 | 55347 | |
|---|---|---|
| Median sale price | $490,000 | $555,000 |
| Homes sold | 64 | 161 |
| Median days on market | 21 days | 20 days |
| Sale to list price | 100.2% | 100.3% |
| Sold above list price | 43.8% | 39.8% |
| Under contract within 2 weeks | 50.7% | 52.4% |
Homes are still selling fast and above list
In 55347, the Real Estate Data Aggregator found the median home went under contract in 20 days. In 55346, it was 21 days. Neither is slow.
In 55347, 52.4% of homes went under contract within two weeks of listing, per the Real Estate Data Aggregator. That share rose 14.5 points from a year ago. Buyers in that ZIP are moving quickly.
In 55346, 50.7% of homes went under contract within two weeks. That is nearly unchanged from a year ago, down just 0.2 points, per the Real Estate Data Aggregator.
Both ZIPs averaged sale prices above list. The Real Estate Data Aggregator put 55346 at 100.2% and 55347 at 100.3%. Sellers are not giving ground on price.
What the national rate picture means here
CNBC reported the average 30-year fixed rate rose to 7.49% as of October 7, 2026. That is real pressure on buyers.
CNBC also reported mortgage purchase applications fell 2% for that same week. Some buyers are pausing. That is worth knowing.
Even so, Eden Prairie's pending sales still rose 17.6%, per the Real Estate Data Aggregator. Local demand has held up despite the rate environment.
Nationally, Realtor.com reported mortgage rates topped 7% for the first time since January 2025. Price cuts hit 20.8% of listings nationally, the highest since October 2022. Eden Prairie is not seeing that same pattern in its sold data, at least not yet.
Supply is up, but not loose
The Real Estate Data Aggregator counted 2.1 months of supply in 55346, up 1 month from a year ago. In 55347, it was 1.9 months, down 0.9 months.
Both are well below the 6 months that signals a balanced market. Sellers still have the edge, though it is smaller in 55346 than it was.
In 55346, new listings rose 67.9%, per the Real Estate Data Aggregator. That is a big jump. Homes for sale rose 83.3% there too. More competition for sellers in that ZIP.
In 55347, new listings actually fell 3%, per the Real Estate Data Aggregator. Homes for sale there dropped 16.2%. Less competition for sellers, more pressure on buyers.
- Eden Prairie added more listings and still absorbed them.
- Pending sales rose 17.6% and homes sold rose 17.2%, per the Real Estate Data Aggregator, for the three months ending August 31, 2026. Prices are up in both ZIPs.
- Rates are higher nationally, but local demand has not faded.
One note: the numbers above cover whole ZIP codes. One street can read very differently from the ZIP around it. If you want to know what is happening on your block, reach out.
Your next step
(952) 200-9461Text me your address and I will send back how your Eden Prairie home compares with what actually sold near you in the three months ending August 31, 2026. Takes a day, costs nothing.
Text me- Real Estate Data Aggregator numbers for ZIPs 55346 and 55347, the three months ending August 31, 2026, compared with the same months of 2025. Real Estate Data Aggregator last updated them on Oct 7, 2026.
- Federal Housing Finance Agency: FHFA House Price Index® Up 0.3 Percent in July; Up 2.6 Percent from Last Year | FHFA, Sep 29, 2026
- Redfin: One in Five Home Sellers Cut Prices as Buyer’s Market Persists, Sep 30, 2026
- Realtor.com: September 2026 Monthly Housing Trends: Price Cuts Hit 4-Year Highs as Mortgage Rates Top 7%, Sep 30, 2026
- Realtor.com: August 2026 Rental Report: Rents Fall for 37th Straight Month as Concessions Give Renters More Leverage, Sep 17, 2026
- CNBC: Refinance demand is now half what it was a year ago, as mortgage rates rise again, Oct 7, 2026