Edgewood, NM Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Edgewood, NM is $574,500, up 36.8% year-over-year. Homes sell in an average of 33 days with 13 active listings. The market is currently a seller's market.
$574,500median sale price
Is Edgewood a buyer's or seller's market?
Edgewood, NM is currently a seller's market, based on 2.2 months of supply and homes selling in about 33 days. How we determine this →
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
Edgewood, NM market data
| Metric | Value |
|---|---|
| Median sale price | $574,500 |
| Median list price | $369,950 |
| Year-over-year price change | +36.8% |
| Average days on market | 33 days |
| Active inventory | 13 listings |
| Months of supply | 2.2 months |
| Sale-to-list price ratio | 96.0% |
| Market condition | Seller's market |
Source: Redfin · Updated weekly
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
Homes for sale in Edgewood
There are currently 13 homes listed for sale in Edgewood, New Mexico. The median listing price is $370K.
Active listings
13
Homes on market
Median list price
$370K
Avg. days on market
33
Days until sale
New this week
4
Newly listed
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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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