Homes in Morningside are moving at a brisk pace, with a median of just 14 days on market in March 2026, even after days on market fell about 32 percent from the prior month but remained roughly 65 percent higher than a year ago. That mix of faster recent movement and longer timelines than last year suggests buyers still have to act decisively, but may have slightly more room to evaluate options.
Pricing trends show a split picture. The typical home value sits around $689,000, down about 25 percent from a year ago but edging up nearly 2 percent month over month, while the median list price is much higher at about $1,150,000 and jumped nearly 28 percent from February. Roughly half of homes are selling above list price, and the average sale-to-list ratio is just under 0.99, indicating sellers are still achieving prices close to or above asking.
Supply remains tight, with only 4 active listings in March and no change from the prior month, and inventory is down about 20 percent from last year even as new listings rose 12.5 percent to 9 and pending sales climbed 75 percent year over year to 7. Morningside is classified as a seller’s market, and its typical home value is higher than Edina overall, where values are around $574,000. With projected typical values near $694,750 and projected median list prices around $1,275,500 next month alongside similar inventory, both buyers and sellers can benefit from Agent Pronto’s help in finding an agent who understands this fast-paced environment.
