The Edison housing market is very competitive. The median sale price of a home in Edison was $124K last month, down 1.4% since last year. The median sale price per square foot in Edison is $93, down 15.5% since last year.
In October 2024, Edison home prices were down 1.4% compared to last year, selling for a median price of $124K. On average, homes in Edison sell after 18 days on the market compared to 16 days last year. There were 28 homes sold in October this year, down from 34 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$124,250
-1.4% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Edison, MI
$124,250
-1.4%
United States
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How hot is the Edison housing market?
Edison is very competitive. Homes sell in 18 days.
0
100
73
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
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 4% below list price and go pending in around 18 days.
Hot homes
can sell for about 3% above list price and go pending in around 9 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
96.7%
+0.2 pt YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
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.
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. 767 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 moderate risk of wildfire. There are 23 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.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Edison has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Edison is most at risk from hurricanes. 3,722 properties in Edison have some risk of being in a severe wind event within the next 30 years.