Home Insurance in Eden Prairie, Minnesota
Homes in Eden Prairie carry a median value of $473,900 - 21% higher than the Hennepin County median.
Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. The typical home in Eden Prairie was built around 1988. About 5% of homes were built before 1960, about 31 points below Hennepin County's 36%.
In Eden Prairie, the housing stock is 76% single-family homes and 21% apartments in buildings with 5+ units.
About 69% of owner-occupied homes in Eden Prairie have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
The vacancy rate is 3%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 76% of occupied homes in Eden Prairie are owner-occupied.
Most homes in Eden Prairie - 83% - are primarily heated with natural gas.
Hennepin County had 959 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is tornado (Very High). See the full Hennepin County home insurance overview for all FEMA hazard ratings and flood coverage details.
In Minnesota, the statewide average premium for a standard HO-3 homeowners policy is $1,988 per year (NAIC, 2023 data).
Key figures
| Median home value | $473,900 |
|---|---|
| Median year built | 1988 |
| Owner-occupied share | 76% |
| Share of owner-occupied homes with a mortgage | 69% |
| Top county hazard | Tornado (Very High) |
| Active NFIP policies in Hennepin County | 959 |
| Home insurance premium | $1,988 - statewide average (NAIC, 2023 data) |
Nearby towns
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)