Edgewood, NM is a great place to buy a home. The median value of a house in the area is $319,000 which is slightly lower than the US median value of $338,100. In the past year, there has been an impressive appreciation of 13.83% in Edgewood compared to 8.27% nationally. This makes it an ideal time for potential homeowners to purchase in this charming community.
The median home cost in Edgewood is $319,000. Home appreciation the last 10 years has been 71.2%. Home Appreciation in Edgewood is up 16.7%.
Average Age of Homes
- The median age of Edgewood real estate is 21 years old
The Rental Market in Edgewood
- Renters make up 8.9% of the Edgewood population
- 1.3% 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.