The Edge Wood-Summit Hills housing market is very competitive. The median sale price of a home in Edge Wood-Summit Hills was $206K last month, up 12.6% since last year. The median sale price per square foot in Edge Wood-Summit Hills is $114, down 52.3% since last year.
What is the housing market like in Edge Wood-Summit Hills today?
In January 2025, Edge Wood-Summit Hills home prices were up 12.6% compared to last year, selling for a median price of $206K. On average, homes in Edge Wood-Summit Hills sell after 9 days on the market compared to 44 days last year. There were 11 homes sold in January this year, up from 5 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$206,000
+12.6% YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
Edge Wood-Summit Hills, VA
$206,000
+12.6%
United States
To compare other locations to the Edge Wood-Summit Hills and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Roanoke add value to a home.
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How hot is the Edge Wood-Summit Hills housing market?
Edge Wood-Summit Hills is very competitive. Homes sell in 13 days.
0
100
88
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 12 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for around list price and go pending in around 13 days.
Hot homes
can sell for about 3% above 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)
99.9%
+1.2 pt YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
Edge Wood-Summit Hills, VA
99.9%
+1.2 pt
United States
View houses in Edge Wood-Summit Hills that sold recently
Learn about schools in the Edge Wood-Summit Hills area
Elementary
Middle
High
GreatSchools Rating
No elementary schools in this region.
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 Edge Wood-Summit Hills housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Edge Wood-Summit Hills.
Flood Factor - Moderate
13% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Edge Wood-Summit Hills has a moderate risk of flooding. 83 properties in Edge Wood-Summit Hills are likely to be
severely affected
by flooding over the next 30 years. This represents 13% of all properties in Edge Wood-Summit Hills. Flood risk is increasing slower than the national average.
2% of properties are at risk of wildfire over the next 30 years
Fire Factor
Edge Wood-Summit Hills has a moderate risk of wildfire. There are 17 properties in Edge Wood-Summit Hills that have some risk of being affected by wildfire over the next 30 years. This represents 2% of all properties in Edge Wood-Summit Hills.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Edge Wood-Summit Hills has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Edge Wood-Summit Hills is most at risk from hurricanes. 697 properties in Edge Wood-Summit Hills 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 49 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 55 mph.
80% of properties are at major
risk of heat over the next 30 years
Heat Factor
Edge Wood-Summit Hills has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 80% of homes in Edge Wood-Summit Hills have a Major Heat Factor®.
Edge Wood-Summit Hills is expected to see a 157% increase in the number of days over 101ºF over the next 30 years. Edge Wood-Summit Hills is expected to experience 8