Thomas and Karen Oakes sell 16415 Ellerdale Lane, Eden Prairie

The home at 16415 Ellerdale Lane, Eden Prairie, was sold on June 29 by Thomas and Karen Oakes for $450,000.

Lynette Andresen and Bjorn and Sonja Johnson were listed as the buyers.

Property taxes on the home totaled $5,186 in 2025, or 1.2% of the sale price.

This property is one of 57 sales in Eden Prairie, Hennepin County, between May 29 and June 29.

This article is based on data published by BlockShopper.com.

U.S. home prices continued to rise in 2025, with the national median reaching about $447,000 in June. That's up 1.13% from a year earlier, according to Redfin. The data also show a significant gap in supply and demand, with 36% more sellers than buyers (a difference of 508,715 homes). By Redfin’s definition, a balanced market has seller and buyer numbers within 10% of each other.