US5.com
  1. Home
  2. States
  3. Minnesota
  4. ZIP 55347
  5. Housing & Real Estate
Eden Prairie city, MN

ZIP 55347 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Wealthy AreaLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 55347

Median Home Value
$493,200
Median Rent
$1,803
Affordability Snapshot
$136,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$3,168/mo PITI).

14%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.2x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

22.8 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 55347 in Eden Prairie city, MN, a household would need roughly $136,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $3,168. That sits below the local median household income ($152,850), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics
Owner Occupied
92.0%+41% vs US avg
x
Vacancy Rate
2.2%-79% vs US avg
x
Broadband Access
98.1%+13% vs US avg
x
4+ Bedrooms
24.3%+64% vs US avg
x
Built Pre-1939
0.3%-98% vs US avg
x
Built Post-2014
0.5%-92% vs US avg
x
Rent Burden >30%
28.4%-43% vs US avg
x
Mortgage-Free
28.0%-27% vs US avg
x
$493,200
Home Value
$1,803
Rent
1991
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached65.9%
  • 1-unit attached27.0%
  • 2-9 units3.6%
  • 10+ units3.5%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$493,200
Median rent$1,803
Owner-occupied92.0%
Vacant2.2%
Price-to-income3.2x
Est. income to buy$136,000