Edgewood, NM
Housing market overview · Updated weekly
$574,500median sale price
Homes sold
6
Last 12 weeks
Days on market
33
Average pace
Active listings
13
2.2 months supply
Sale-to-list
96.0%
Below asking
The Edgewood housing market is currently classified as a seller's market with a median sale price of $574,500. Prices have risen 36.8% compared to last year, with homes spending an average of 33 days on market, indicating 2.2 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
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Frequently asked questions
What is the average home price in Edgewood?
The median home sale price in Edgewood is $574,500, up 36.8% from last year.
How long do homes stay on market in Edgewood?
Homes typically spend 33 days on market before going under contract.
Is Edgewood a buyer's or seller's market?
With 2.2 months of supply, Edgewood is currently a seller's market.
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