Edgewood, NM Home Values & Market Trends
Real estate market trends reflect that there have been 203 transactions over the past year in Edgewood. The median value for residential home transactions that occurred over the previous year is $418,404. The number of current listings in Edgewood is 275, and the percentage of properties for sale in the city is 275.00%. Edgewood, NM currently has 8 properties in foreclosure, 2 bank owned properties, 5 properties headed for auction, and 275 properties for sale.
Edgewood, NM Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 87015 | $ 418,404 $ 225/sqft |
Housing Market Summary for Edgewood, NM
| Oct 2025 | October 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $399K | $395.5K | -0.88% |
| Median Sold Price | $387.4K | $344.9K | -10.97% |
| Homes For Sale | 222 | 275 | 23.87% |
| Homes Sold | 62 | 120 | 93.55% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Edgewood, NM
Browse Homes in Edgewood, NM
Edgewood home values range from $105,363 to $921,942. The median estimated value of a home in Edgewood is $418,404. The median list price of a home is 399,000, and the total count of properties in the city is 411.
- Pre-ForeclosurePre-foreclosure homes account for 0.24% of all residential properties in Edgewood, NM with 87015 containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Edgewood, NM; of that zips, the estimated home value for pre-foreclosure homes ranges from $222,983 in 87015 to the lowest home value of $222,983 in 87015.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Edgewood, NM ranges from the highest value of $425,413 in 87015 to the lowest value of $346,090 in 87015. Bank owned homes and properties account for 0.49% of properties in Edgewood, NM. There is 1 zips within Edgewood, NM; 87015 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions87015 has 5 auction properties, the highest number of properties going to auction in a single zip in the state of Edgewood, NM. Auction homes and other auction properties account for 1.22% of all properties in Edgewood, NM. There is 1 zips within Edgewood, NM; of that zips, the median estimated home value for homes going to auction ranges from $514,845 in 87015 to the lowest value of $249,830 in 87015.
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Guide for Edgewood, NM
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
