The Edgewater housing market is somewhat competitive. Homes in Edgewater receive 2 offers on average and sell in around 49 days. The median sale price of a home in Edgewater was $503K last month, up 11.3% since last year. The median sale price per square foot in Edgewater is $280, up 19.7% since last year.
What is the housing market like in Edgewater today?
In September 2024, Edgewater home prices were up 11.3% compared to last year, selling for a median price of $503K. On average, homes in Edgewater sell after 49 days on the market compared to 44 days last year. There were 17 homes sold in September this year, up from 15 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$503,000
+11.3% YoY | Sep 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Sep 2024
Growth
% YoY
Edgewater, MD
$503,000
+11.3%
United States
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How hot is the Edgewater housing market?
Edgewater is somewhat competitive. Homes sell in 35 days.
0
100
68
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 35 days.
Hot homes
can sell for about 1% above list price and go pending in around 6 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Edgewater housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Edgewater.
Flood Factor - Minor
27% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Edgewater has a minor risk of flooding. 628 properties in Edgewater are likely to be
severely affected
by flooding over the next 30 years. This represents 27% of all properties in Edgewater. Flood risk is increasing faster than the national average.
99% of properties are at risk of wildfire over the next 30 years
Fire Factor
Edgewater has a moderate risk of wildfire. There are 4,128 properties in Edgewater that have some risk of being affected by wildfire over the next 30 years. This represents 99% of all properties in Edgewater.
97% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Edgewater has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Edgewater is most at risk from hurricanes. 4,051 properties in Edgewater have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 119 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 134 mph.