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Homes in Eden Prairie Minnesota

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Eden Prairie was established in 1858. Writer Elizabeth Fries Ellet gave the city its name when she visited the area and declared it as the garden spot of the surrounding territory. In 1851, pioneers were allowed to settle in the area and the name stayed with it. There wasn’t much activity in Eden Prairie and the quiet village didn’t experience any serious population changes for over 80 years. It wasn’t until the 1960s and 1970s that the city began to truly grow. Even though it is now considered a suburban community and is less than 20 miles from busy Minneapolis, the city has still retained its peaceful atmosphere. Residents have the convenience of enjoying the serenity of Eden Prairie while still being close enough to visit the city life every now and then. It's no wonder that Eden Prairie, MN real estate is so desirable.

Eden Prairie’s population as of 2009 is 61,660- a growth of 11.02% since 2000. 70% of the city’s residents are older than 18 years, and there is an estimated 23,000 households. The average household income is $123,446. Eden Prairie’s cost of living is 28.16%, which is higher than the U.S. average. The unemployment rate is 5.90%, and jobs have decreased by 4.80%.

Eden Prairie has one School District in their city, Eden Prairie Independent School District 272. It is a public school district and enrolls students from grades PK-12. There are eight elementary public schools under the district and one private school offered. Three public schools are offered for students in Middle school, as well as one private school. High school students have two public schools in their grades, and one private school.

In regards to housing, the estimated median sales price for Eden Prairie Real Estate is $250,000 based on 266 home sales in the months of September-November of 2009. This number has decreased 13.5% since the home sales made during the same period in 2008. As of now, there are around 367 Eden Prairie houses for sale and 163 homes in the process of foreclosure. The average listing price for homes in Eden Prairie is $457,691.

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