Edina, MN Real Estate
According to census data in the year 2000 there were 21,655 housing units in Edina.
This represents a 3.2% growth from 20,983 in 1990.
Of those housing units, 21,655 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Edina is about 76.4%.
Edina's vacancy rate, including seasonal lodging, is about 3.1%.
Average household size is 2.25 people.
The majority of houses, apartments or condos in Edina were built after 1965.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.80% |
| One Bedroom | 17% |
| Two Bedrooms | 24.60% |
| Three Bedrooms | 27.40% |
| Four Bedrooms | 22.10% |
| Five Bedrooms or more | 7.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.45 |
| Median year structure was built | 1961 |
| Median Value of occupied units | $248,500 |
| Median Price asked for vacant units | $245,200 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.6 |
| Median year structure was built | 1974 |
| Median Monthly Rent asked for vacant units | $919 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.70% |
| Second Mortgage | 8.60% |
| Home Equity Loan | 13% |
| Simple Mortgage | 51.10% |
| Debt Free | 26.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.6% |
