The Drake Edgewood housing market is somewhat competitive. The median sale price of a home in Drake Edgewood was $1.8M last month, down 12.6% since last year. The median sale price per square foot in Drake Edgewood is $640, down 6.0% since last year.
What is the housing market like in Drake Edgewood today?
In October 2024, Drake Edgewood home prices were down 12.6% compared to last year, selling for a median price of $1.8M. On average, homes in Drake Edgewood sell after 24 days on the market compared to 18 days last year. There were 10 homes sold in October this year, up from 8 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,760,500
-12.6% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Drake Edgewood, NY
$1,760,500
-12.6%
United States
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How hot is the Drake Edgewood housing market?
Drake Edgewood is somewhat competitive. Homes sell in 20.5 days.
0
100
67
Somewhat 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 12 months
Some homes get multiple offers.
The average homes sell for about 8% above list price and go pending in around 21 days.
Hot homes
can sell for about 17% above list price and go pending in around 10 days.
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 Drake Edgewood housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Drake Edgewood.
Flood Factor
We’re working on getting current and accurate flood risk information
Fire Factor
<1% of properties are at risk of wildfire over the next 30 years
Wind Factor
Drake Edgewood has minimal risk of severe winds over the next 30 years
Heat Factor
We’re working on getting current and accurate heat risk information