The story of this market
The typical home in ZIP 55346 sells for about $459,000, or $200 per square foot.
Prices are up +3.3% from a year ago, so sellers still have some momentum. Homes take about 40 days to sell. HUD's fair market rent for a two-bedroom is $1,875 a month.
ZIP 55346 — Eden Prairie
The housing market in 55346 remains robust, characterized by steady price appreciation and low inventory levels. Demand is driven by the area's high quality of life and strong employment base, keeping the market competitive for buyers. Figures for specific metrics like closed sales and months of supply are sourced from regional MLS reports.
This ZIP is ideal for families and professionals seeking a high quality of life, excellent schools, and a suburban environment with convenient access to major employment centers.
Median prices moved up 3.3% year over year.
Homes spend a median of 40 days on market with 3.0 months of supply — a fast-moving market.
25% of listings have cut prices · homes sell at 99% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.0% · poverty 3.7% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 55346, Hennepin County MN
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Eden Prairie consistently ranks as one of the safest cities in Minnesota with crime rates significantly lower than the national and regional averages.
The area is served by the highly-rated Eden Prairie School District, known for strong academic performance and comprehensive extracurricular programs.
The area faces minimal wildfire risk but is subject to standard Midwestern severe weather protocols, including occasional heavy snow and summer storm risks.
Eden Prairie serves as a major suburban employment hub with significant corporate presence, including headquarters for major retail and technology firms.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Minnesota) — Condominium Unit Taxation: Each unit constitutes a separate parcel for tax purposes. If a declaration is recorded at least 30 days before a tax installment is due, the taxing authority must split the taxes among the units. State (Minnesota) — Minnesota General Property Tax Classification System: Property tax is calculated by applying a class rate to the parcel's estimated market value to determine tax capacity, then multiplying by the local tax rate. For residential homesteads (Class 1a), the rate is 1.00% for the first $500,000 of market value and 1.
Residents benefit from direct access to I-494 and Highway 212, providing efficient transit to downtown Minneapolis and the broader Twin Cities employment core.
The ZIP features extensive access to the Minnesota River Valley, numerous city parks, paved trail systems, and proximity to major shopping centers like Eden Prairie Center.
The rental market is characterized by high demand and low vacancy rates, driven by the area's desirability and proximity to major corporate employers.
The local economy is anchored by a mix of corporate headquarters, healthcare, and professional services, providing a stable employment base.
The area is served by a robust network of highways and is currently integrating into the regional light rail transit system.
Development is focused on transit-oriented projects near future light rail stations and continued redevelopment of commercial corridors.
Hennepin County Assessor manages property valuations with a focus on market-based assessments updated annually.
Parcels are subject to Eden Prairie School District levies and various regional watershed district assessments.
Property insurance premiums are stable, reflecting the area's low risk profile for natural disasters.
Minnesota continues to see steady domestic migration, with suburban areas like Eden Prairie attracting families from the urban core.
Minnesota is a judicial foreclosure state with specific notice and redemption periods for homeowners.
Sellers are required to provide a comprehensive disclosure statement regarding the condition of the property.
Data retrieved from data.census.gov ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Mall of America®4.612.3 mi
- Valleyfair4.26.2 mi
- Great Wolf Lodge | Minnesota3.911.8 mi
- Nickelodeon Universe4.512.3 mi
- Slick City Action Park4.515 mi
- U.S. Bank Stadium4.613 mi
- Grand Casino Arena4.619.5 mi
- Minneapolis Convention Center4.512.2 mi
- Minnesota State Fair4.716.9 mi
- Topgolf Brooklyn Center4.316.4 mi
- Mall of America®4.612.3 mi
- Valleyfair4.26.2 mi
- Minneapolis Institute of Art4.811.9 mi
- Great Wolf Lodge | Minnesota3.911.8 mi
- Canterbury Park4.56.3 mi
- Minneapolis Institute of Art4.811.9 mi
- University of Minnesota Landscape Arboretum4.86.3 mi
- Science Museum of Minnesota4.619.6 mi
- Walker Art Center4.511.5 mi
- Minnesota State Capitol4.719.7 mi
- University of Minnesota Landscape Arboretum4.86.3 mi
- Minneapolis Sculpture Garden4.711.5 mi
- Centennial Lakes Park4.78.1 mi
- Lake Harriet Regional Park4.89.5 mi
- Clifton E. French Regional Park4.710 mi
- The Minikahda Club4.49.3 mi
- Braemar Golf Course4.45.3 mi
- Brookview Golf Course and Lawn Bowling4.28.3 mi
- Puttery4.712.8 mi
- Baker National Golf Course4.411.8 mi
- Mall of America®4.612.3 mi
- Ridgedale Center4.46.5 mi
- Karmel Mall4.111.2 mi
- Asia Mall4.33.1 mi
- Southdale Center4.28.1 mi
- Minneapolis-Saint Paul International Airport4.413.5 mi
- Shoyu3.713.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Major regional shopping and dining destination.
Popular local park with beach access and recreational facilities.
Key-figure check: median price diverges 18.8% from the nearest retained anchor (published ten-year series (2024)) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Research outlier held out — this pass returned a median of $545,325 (18.8% off the retained reading), contradicting every independent anchor; the prior reading stands pending corroboration. Validation: the flagged $545,325 (+18.8% vs the published ten-year series (2024)) failed independent re-validation and was reverted to the prior cycle value; the case is under review in the Command Center.