The housing in Edgewood, IA is quite impressive. The median value of a house in the area is $137,100, which is significantly lower than the US median value of $338,100. Despite this difference, however, Edgewood has experienced a 1-year appreciation rate of 11.30%, which is higher than the US rate of 8.27%. This suggests that housing in Edgewood may be a sound investment as it continues to appreciate even faster than the national average.
The median home cost in Edgewood is $137,100. Home appreciation the last 10 years has been 55.3%. Home Appreciation in Edgewood is up 13.6%.
Average Age of Homes
- The median age of Edgewood real estate is 46 years old
The Rental Market in Edgewood
- Renters make up 24.1% of the Edgewood population
- 0.0% 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.