Edgewood, WA Foreclosures
How much do homes sell for in Edgewood, WA?
The average home price is currently $766,780.
In Edgewood, WA, how many homes are available?
There are currently 5 active home listings available in Edgewood.
What’s the average rental cost in Edgewood, WA?
The average rental price in Edgewood is $1,902.
What is the most expensive home in Edgewood?
The most expensive home sold in Edgewood had a price of $20,553,570.
What is currently the cheapest priced home in Edgewood, WA?
The cheapest home for sale in Edgewood is priced at $35,362.
Living in Edgewood, WA
Edgewood, WA is a serene suburban city highlighted by its scenic views and proximity to nature. With a family-friendly atmosphere and strong community ties, it offers a calm retreat while being close to Tacoma's urban conveniences. Residents will find a variety of parks, recreational activities, and well-respected schools in the area.
Current Market Conditions in Edgewood, WA
Edgewood's real estate market has seen steady growth in recent years, driven by a demand for family-sized homes and a desire for suburban living. The community has attracted many first-time homebuyers and families seeking a quieter lifestyle while remaining close to urban amenities. The current market conditions indicate that homes are selling quickly, often above asking price, which showcases the competitiveness of the area.
As of late 2023, the real estate market in Edgewood is characterized by low inventory levels, increasing prices, and greater buyer interest. Factors contributing to this trend include its desirable location, access to good schools, and a range of recreational facilities. Real estate experts note that this trend is likely to continue as Edgewood remains an attractive place for relocation and investment.
Home Value Estimator For Edgewood, WA
There are currently 4,573 real estate properties
in Edgewood, WA,
with a median automated valuation model (AVM) price
of $713,734.00. 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, WA, 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, WA,
is $766,780.00, with the most expensive house
in Edgewood, WA, topping out
at $20,553,570.00 and the cheapest home
in Edgewood, WA,
clocking in at $35,362.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Edgewood, WA!
Rent Prices
In Edgewood, WA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Edgewood, WA, is on
a rollercoaster ride. The
average rent price in Edgewood, WA,
is $1,902.00. Indeed, when looking to rent in
Edgewood, WA, you can expect to pay as little
as $990.00 or as much
as $4,180.00,
with the average rent median estimated to
be $1,870.00. The good news is that finding
an affordable and desirable property to rent in Edgewood, WA
-- 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.
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