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Sarah Mitchell

CNESRESABR

Compass Real Estate · Edgewater, NJ

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Edgewater, NJ(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Edgewater, NJ Housing Market & Real Estate

Leaning buyer's+7.8% YoY

Housing market overview · Updated monthly ·

$817,000median sale price

How is the Edgewater, NJ housing market right now?

The median home sale price in Edgewater, NJ is $817,000, up 7.8% year-over-year. Homes sell in an average of 50 days with 101 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

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

Leaning buyer's8.4 months of supply50 avg. days on market

Edgewater, NJ is currently a leaning buyer's, based on 8.4 months of supply and homes selling in about 50 days. How we determine this →

Homes sold

12

Last 12 weeks

Days on market

50

Average pace

Active listings

101

8.4 months supply

Sale-to-list

102.3%

Above asking

What does the Edgewater housing market data show?

Current housing market statistics for Edgewater, NJ
MetricValue
Median sale price$817,000
Median list price$679,500
Year-over-year price change+7.8%
Average days on market50 days
Active inventory101 listings
Months of supply8.4 months
Sale-to-list price ratio102.3%
Median price per sq ft$485/sq ft
Homes sold (latest month)12
New listings (latest month)26
Listings with a price cut9.9%
Market conditionLeaning buyer's

Source: Redfin · Updated monthly

How much do homes cost in Edgewater by property type?

How the Edgewater, NJ market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Edgewater, NJ
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$1.37M$722/sq ft2320 days
Condo / Co-op$530,000$445/sq ft569 days
Townhouse$839,000$468/sq ft535 days

Source: Redfin · Updated monthly

The Edgewater housing market is currently classified as a leaning buyer's with a median sale price of $817,000. Prices have risen 7.8% compared to last year, with homes spending an average of 50 days on market, indicating 8.4 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.1x provides context for how home values compare to local earning capacity.

Homes for sale in Edgewater

There are currently 101 homes listed for sale in Edgewater, New Jersey. The median listing price is $680K.

Active listings

101

Homes on market

Median list price

$680K

Avg. days on market

50

Days until sale

New this week

26

Newly listed

Price drops:9.9%of listings
Sale-to-list:102.3%

Who lives in Edgewater?

Population

14,544

Median income

$137,847/yr

Median age

39.9 years

Owner-occupied

41.0%

College grads

74.0%

Avg commute

42 min

Source: U.S. Census Bureau ACS

What are homes worth in Edgewater?

Zillow home value

$709,732

Zillow rent index

$4,035/mo

Price-to-rent ratio

14.7x

Price-to-income

5.1x

Source: Zillow Research

What is it like to live in Edgewater?

Edgewater is a community of approximately 15K residents with a median age of 39.9 years.The median household income is $137,847, which reflects a relatively affluent area with strong earning potential. 74.0% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 41.0%, showing a blend of owner and renter-occupied properties. The average commute time is 42 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Edgewater offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Edgewater?

2 schools tracked · 676 students

The largest public schools serving Edgewater, NJ by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Eleanor Van Gelder

Grades 3-6 · 356 students

Public

George Washington School

Grades PK-2 · 320 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Edgewater, NJ?

Want a head-to-head view? Compare Edgewater side-by-side with any other U.S. city using our market-comparison tool.

Is Edgewater a good real estate investment market?

For investors evaluating Edgewater, the price-to-rent ratio of 14.7x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 7.8% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Edgewater's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Edgewater's median home price.

Frequently asked questions

What is the average home price in Edgewater?

The median home sale price in Edgewater is $817,000, up 7.8% from last year.

How long do homes stay on market in Edgewater?

Homes typically spend 50 days on market before going under contract.

What is the median income in Edgewater?

The median household income is $137,847 per year.

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

With 8.4 months of supply, Edgewater is currently a leaning buyer's.

What is the Zillow home value estimate for Edgewater?

The Zillow Home Value Index (ZHVI) for Edgewater is $709,732, representing the typical home value in the area.

What is the median condo price in Edgewater?

The median condo/co-op sale price in Edgewater, NJ is $530,000, compared to $1.37M for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Edgewater?

The median single-family home price in Edgewater, NJ is $1.37M (about $722 per square foot).

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