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Short Sale Listings in Edgewood, TX 75117

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Living in Edgewood, TX

Edgewood, TX, is a picturesque and serene small town in Van Zandt County known for its friendly residents and close-knit community. It offers a range of outdoor activities and is near larger urban centers for additional amenities. With its charming atmosphere and accessibility, Edgewood is a fantastic place for families and individuals seeking a quieter lifestyle.

Current Market Conditions in Edgewood, TX

The real estate market in Edgewood has been steadily improving, with an increase in home sales and property values over the last year. Buyers are attracted to the area's affordability and quality of life, leading to increased competition among homebuyers.

Currently, the market favors sellers, with homes receiving multiple offers and selling at or above asking price. This trend is encouraged by low inventory levels and increased interest from first-time homebuyers, making now a promising time for those looking to sell.

Home Value Estimator For Edgewood, TX

There are currently 1,461 real estate properties in Edgewood, TX, with a median automated valuation model (AVM) price of $241,925.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Edgewood, TX, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Edgewood, TX, is $290,726.00, with the most expensive house in Edgewood, TX, topping out at $4,255,200.00 and the cheapest home in Edgewood, TX, clocking in at $16,779.00. In other words, there’s something for every potential homebuyer or savvy investor in Edgewood, TX!

Rent Prices In Edgewood, TX

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Edgewood, TX, is on a rollercoaster ride. The average rent price in Edgewood, TX, is $1,192.00. Indeed, when looking to rent in Edgewood, TX, you can expect to pay as little as $650.00 or as much as $2,240.00, with the average rent median estimated to be $1,170.00. The good news is that finding an affordable and desirable property to rent in Edgewood, TX -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Edgewood, TX 75117 Short Sale Listings


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