Edison, NE Foreclosures
How much do homes sell for in Edison, NE?
The average home price is currently $168,682.
What’s the average rental cost in Edison, NE?
The average rental price in Edison is $1,016.
What is the most expensive home in Edison?
The most expensive home sold in Edison had a price of $1,820,400.
What is currently the cheapest priced home in Edison, NE?
The cheapest home for sale in Edison is priced at $38,101.
Living in Edison, NE
Edison is a small, serene community in Nebraska, offering a peaceful lifestyle with a tight-knit atmosphere. Nestled in the heart of the Midwest, residents enjoy the simplicity of rural living while being a short drive from larger towns. The area boasts beautiful landscapes, friendly neighbors, and a slower pace of life ideal for families and retirees alike.
Current Market Conditions in Edison, NE
The real estate market in Edison has been stable, with modest growth observed over the past few years. Homes in the area are generally affordable, appealing to a range of buyers from first-time homeowners to those looking to downsize into a quieter lifestyle. The availability of land for new constructions is also a positive aspect, attracting developers looking for opportunities.
Currently, there is a strong demand for homes in Edison as more people are seeking quiet communities with access to nature. The market has seen a slight increase in home values, with inventory levels remaining low. This trend points towards a growing interest in rural living, particularly as remote work becomes more common.
Home Value Estimator For Edison, NE
There are currently 93 real estate properties
in Edison, NE,
with a median automated valuation model (AVM) price
of $122,785.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Edison, NE, 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 Edison, NE,
is $168,682.00, with the most expensive house
in Edison, NE, topping out
at $1,820,400.00 and the cheapest home
in Edison, NE,
clocking in at $38,101.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Edison, NE!
Rent Prices
In Edison, NE
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Edison, NE, is on
a rollercoaster ride. The
average rent price in Edison, NE,
is $1,016.00. Indeed, when looking to rent in
Edison, NE, you can expect to pay as little
as $700.00 or as much
as $1,880.00,
with the average rent median estimated to
be $930.00. The good news is that finding
an affordable and desirable property to rent in Edison, NE
-- 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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