Edgewater, NJ Housing Market & Real Estate

Buyer's market+23.3% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Edgewater, NJ is $675,000, up 23.3% year-over-year. Homes sell in an average of 96 days with 77 active listings. The market is currently a buyer's market.

$675,000median sale price

Is Edgewater a buyer's or seller's market?

Buyer's market6.4 months of supply96 avg. days on market

Edgewater, NJ is currently a buyer's market, based on 6.4 months of supply and homes selling in about 96 days. How we determine this →

Homes sold

12

Last 12 weeks

Days on market

96

Average pace

Active listings

77

6.4 months supply

Sale-to-list

99.5%

Below asking

Edgewater, NJ market data

Current housing market statistics for Edgewater, NJ
MetricValue
Median sale price$675,000
Median list price$974,500
Year-over-year price change+23.3%
Average days on market96 days
Active inventory77 listings
Months of supply6.4 months
Sale-to-list price ratio99.5%
Market conditionBuyer's market

Source: Redfin · Updated weekly

The Edgewater housing market is currently classified as a buyer's market with a median sale price of $675,000. Prices have risen 23.3% compared to last year, with homes spending an average of 96 days on market, indicating 6.4 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Edgewater

There are currently 77 homes listed for sale in Edgewater, New Jersey. The median listing price is $975K.

Active listings

77

Homes on market

Median list price

$975K

Avg. days on market

96

Days until sale

New this week

12

Newly listed

Price drops:9.1%of listings
Sale-to-list:99.5%

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Frequently asked questions

What is the average home price in Edgewater?

The median home sale price in Edgewater is $675,000, up 23.3% from last year.

How long do homes stay on market in Edgewater?

Homes typically spend 96 days on market before going under contract.

Is Edgewater a buyer's or seller's market?

With 6.4 months of supply, Edgewater is currently a buyer's market.

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