$1,888 Closing Credit*
$159,000
730 SqFt
1 Bed
•1 Full Bath
Deanna Meredith, Listing Office: LUXE PROPERTIES LLC
Is Edgewood, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Edgewood was a Seller's Market.
Key Takeaway
Edgewood is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Edgewood, FL
How much do homes in Edgewood, FL cost?
Median Sold Price
$518,000
$234/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$78,000(+17.7%)
Key Takeaway
Homes in Edgewood have sold for 17.7% more than they did a year ago.
Summary: The median home sold price in Edgewood was $518,000 in October 2024, up 17.7% from last year, and the median price per square foot was $234.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $165K | $122.5K | -25.8% |
| 2 Bedrooms | $185.4K | $222K | +19.7% |
| 3 Bedrooms | $430K | $375K | -12.8% |
| 4 Bedrooms | $540K | $531K | -1.7% |
| 5+ Bedrooms | $507.5K | $897.5K | +76.8% |
Summary: Edgewood housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 25.8%, 2 bedroom homes increased by 19.7%, 3 bedroom homes decreased by 12.8%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes increased by 76.8%.
Median Sold Price Compared To Nearby Cities
| Edgewood | $440K | $518K | +17.7% |
| Belle Isle | $555K | $620K | +11.7% |
| Orlando | $375K | $392.3K | +4.6% |
Housing Supply in Edgewood, FL
How many homes are available in Edgewood, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 14 | +27.3% |
Summary: The Edgewood real estate market had 14 homes for sale in October 2024, a 27.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 4 | 6 | +50.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Edgewood housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Edgewood, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Edgewood in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Edgewood, FL
How long does it take to sell a home in Edgewood, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 36 Days | 18 Days | -50.3% |
Summary: Homes in Edgewood had an average of 18 days on market in Oct 2024, down by 50.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Edgewood are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Edgewood; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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