Edgewood, MD Home Values & Market Trends
Real estate market trends reflect that there have been 322 transactions over the past year in Edgewood. The median value for residential home transactions that occurred over the previous year is $251,211.77. The number of current listings in Edgewood is 28, and the percentage of properties for sale in the city is 28.00%. Edgewood, MD currently has 20 properties in foreclosure, 2 bank owned properties, 5 properties headed for auction, and 28 properties for sale.
Edgewood, MD Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 21040 | $ 233,843 $ 160/sqft |
Housing Market Summary for Edgewood, MD
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $175K | $226K | 29.14% |
| Median Sold Price | $237.5K | $226K | -4.84% |
| Homes For Sale | 30 | 28 | -6.67% |
| Homes Sold | 201 | 183 | -8.96% |
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, MD
Browse Homes in Edgewood, MD
Edgewood home values range from $26,930 to $1,174,017. The median estimated value of a home in Edgewood is $251,211.77. The median list price of a home is 205,585, and the total count of properties in the city is 6,784.
- Pre-ForeclosurePre-foreclosure homes account for 0.19% of all residential properties in Edgewood, MD with 21040 containing 13 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Edgewood, MD; of that zips, the estimated home value for pre-foreclosure homes ranges from $462,918 in 21040 to the lowest home value of $164,899 in 21040.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Edgewood, MD ranges from the highest value of $223,600 in 21040 to the lowest value of $140,400 in 21040. Bank owned homes and properties account for 0.03% of properties in Edgewood, MD. There is 1 zips within Edgewood, MD; 21040 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions21040 has 5 auction properties, the highest number of properties going to auction in a single zip in the state of Edgewood, MD. Auction homes and other auction properties account for 0.07% of all properties in Edgewood, MD. There is 1 zips within Edgewood, MD; of that zips, the median estimated home value for homes going to auction ranges from $269,916 in 21040 to the lowest value of $131,428 in 21040.
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Guide for Edgewood, MD
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