Edgewood, TX is a great place for housing investments. The median value of houses there is currently $249,800, which is lower than the US median house value of $338,100. However, over the last year houses in Edgewood have seen a higher appreciation rate of 19.07%, compared to 8.27% for the US overall. This makes Edgewood an attractive investment for potential buyers looking to invest in appreciating property.
The median home cost in Edgewood is $249,800. Home appreciation the last 10 years has been 160.4%. Home Appreciation in Edgewood is up 23.5%.
Average Age of Homes
- The median age of Edgewood real estate is 48 years old
The Rental Market in Edgewood
- Renters make up 35.3% of the Edgewood population
- 1.0% 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.