The Edgewater housing market is not very competitive. Homes in Edgewater receive 2 offers on average and sell in around 98 days. The median sale price of a home in Edgewater was $550K last month, up 2.8% since last year. The median sale price per square foot in Edgewater is $470, up 12.6% since last year.
What is the housing market like in Edgewater today?
In March 2024, Edgewater home prices were up 2.8% compared to last year, selling for a median price of $550K. On average, homes in Edgewater sell after 98 days on the market compared to 119 days last year. There were 17 homes sold in March this year, down from 19 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$550,000
+2.8% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Edgewater, NJ
$550,000
+2.8%
United States
To compare other locations to the Edgewater and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Edgewater's median sale price is 75% higher than the national average. Overall cost of living in Edgewater is 20% higher than the national average. Learn which home features in Edgewater add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Edgewater housing market?
Edgewater is not very competitive. Homes sell in 105 days.
0
100
20
Not Very 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
Multiple offers are rare.
The average homes sell for about 2% below list price and go pending in around 105 days.
Hot homes
can sell for around list price and go pending in around 75 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
98.1%
+0.4 pt YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Edgewater, NJ
98.1%
+0.4 pt
United States
Edgewater Migration & Relocation Trends
In Feb '24 - Apr '24, 31% of Edgewater homebuyers searched to move out of Edgewater, while 69% looked to stay within the metropolitan area.
Where are people moving to Edgewater from?
Across the nation, 3% of homebuyers searched to move into Edgewater from outside metros.
Peoria homebuyers searched to move into Edgewater more than any other metro followed by Walla Walla and Lincoln.
Where are people from Edgewater moving to?
69% of Edgewater homebuyers searched to stay within the Edgewater metropolitan area.
Miami was the most popular destination among Edgewater homebuyers followed by Philadelphia and Washington.
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.
Home offer insights for Edgewater
Explore recent offers and recently sold homes in Edgewater
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.
Risk Factor
Flood Factor - Extreme
68% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Edgewater has an extreme risk of flooding. 2,500 properties in Edgewater are likely to be
severely affected
by flooding over the next 30 years. This represents 68% of all properties in Edgewater. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Edgewater has a minor risk of wildfire. There are 10 properties in Edgewater that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Edgewater.
100% 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. 4,563 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 97 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 108 mph.