The housing market in Edgewood borough, PA is performing well compared to the rest of the nation. The median value for homes in Edgewood borough is $283,700, which is significantly lower than the US median house value of $338,100. While the US has experienced an 8.27% house appreciation rate over the last year, houses in Edgewood borough have appreciated by 5.53%. This shows that the housing market in Edgewood is growing at a steady pace and that values are increasing.
The median home cost in Edgewood is $283,700. Home appreciation the last 10 years has been 85.0%. Home Appreciation in Edgewood is up 10.4%.
Average Age of Homes
- The median age of Edgewood real estate is 78 years old
The Rental Market in Edgewood
- Renters make up 29.7% of the Edgewood population
- 0.9% of houses and apartments in Edgewood, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.