Edgewater, MD is an affluent area, with a median housing value of $478,700. This is significantly higher than the national median housing value of $338,100. Furthermore, over the past year there has been an appreciation in house values of 8.62%, which is slightly higher than the national average of 8.27%. For those looking for a safe investment in real estate or to live in a desirable area, Edgewater provides an ideal option.
The median home cost in Edgewater is $478,700. Home appreciation the last 10 years has been 49.5%. Home Appreciation in Edgewater is up 10.6%.
Average Age of Homes
- The median age of Edgewater real estate is 35 years old
The Rental Market in Edgewater
- Renters make up 15.9% of the Edgewater population
- 0.0% of houses and apartments in Edgewater, 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.