The Edison housing market is not very competitive. The median sale price of a home in Edison was $120K last month, down 4.0% since last year. The median sale price per square foot in Edison is $95, down 3.0% since last year.
In April 2024, Edison home prices were down 4.0% compared to last year, selling for a median price of $120K. On average, homes in Edison sell after 17 days on the market compared to 78 days last year. There were 23 homes sold in April this year, down from 30 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$120,000
-4.0% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Edison, MI
$120,000
-4.0%
United States
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How hot is the Edison housing market?
Edison is not very competitive. Homes sell in 17 days.
0
100
28
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 5% below list price and go pending in around 17 days.
Hot homes
can sell for around list price and go pending in around 4 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
96.8%
-1.5 pt YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Edison, MI
96.8%
-1.5 pt
United States
Home offer insights for Edison
Explore recent offers and recently sold homes in Edison
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 Edison housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Edison.
Risk Factor
Flood Factor - Major
32% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Edison has a major risk of flooding. 774 properties in Edison are likely to be
severely affected
by flooding over the next 30 years. This represents 32% of all properties in Edison. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Edison has a minor risk of wildfire. There are 21 properties in Edison that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Edison.