84 homes sold in Edgewood in the last year, at a typical $475K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Edgewood homes are listed.
Every place Edgewood homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Edgewood.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 100% of Edgewood’s sales, at a typical $475K
84 homes sold in the year to May 2026.
typical sale · 84 sold in 12 months
- Per square foot
- $233NM $212
- Days to sell
- 52
- Sold over asking
- 17%
- Listings with a price cut
- 25%
About as many homes sell as usual, at 2.4 times the 2016 price
84 sales in the last year, against 132 in 2021 and a low of 70 in 2012. The typical sale went from $201K in 2016 to $475K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $450K buys in Edgewood
Check a listing against what Edgewood homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Edgewood are back to pre-pandemic levels, but 18% fewer homes come up for sale
We read every month of Edgewood’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 84 sales.
If you’re buying in Edgewood
- Shop in August. It brings about 11 new listings a month, close to the busiest month, with fewer bidding wars (15% over asking).
- Some room to negotiate. 25% of listings cut their price, about as many as before the pandemic.
- Bid near asking. Buyers paid 98.5% of the list price on average; 17% paid over.
- You’ll usually have time. Only 18% of homes go under contract within two weeks; the typical one takes 52 days.
Spring brings the homes; summer brings the bidding wars
May has the most new listings (about 13 a month), but June is the most competitive: 25% of June sales close over asking. July and August offer nearly as much choice with fewer homes bid up (15%). December has the least competition (10%) but only about 4 new listings.
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and hotter than New Mexico
| Edgewood now | 2017–19 | 2021 peak | NM now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 17% | 12% | 27% | 3% |
| Gone within two weeksShare of homes under contract within 14 days | 18% | 13% | 48% | 26% |
| Listings with a price cutShare of homes for sale that cut their price | 25% | 26% | 24% | 21% |
| Price paid vs. askingAverage sale price ÷ list price | 98.5% | 98.2% | 100% | 96.5% |
| Days to sellMedian days from listing to contract | 52 | 51 | 21 | 64 |
24 homes for sale on a typical day
That’s 16.7 times the 2012 low (1), 18% fewer than in 2017–19 and well under 2015’s 48.
1 in 4 listings has cut its price
25% in the last year, against 26% in 2017–19 and 21% across New Mexico.
Edgewood ranks 3rd of 24 busy New Mexico markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Edgewood is one of the state’s hottest markets.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Edgewood home costs about $2,674 a month
Price: Edgewood’s typical sale, last 12 months. Property tax at Edgewood’s 0.5% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Edgewood is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in May
The month with the most choice. December has the fewest, about 4.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $475K home, about $2,350 a year.
Taxes vs. neighborsSchools
The schools grade for Edgewood, from test results, graduation and how much students grow.
Schools in EdgewoodTypical commute
The average one-way trip to work for people who live in Edgewood.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Post your home to Edgewood, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Edgewood. People who follow the town see it, and so do people comparing Edgewood with their own town. No commission, no listing fee.
Questions about buying a home in Edgewood
What do homes sell for in Edgewood, NM?
84 homes sold in the year to May 2026 at a typical $475K, $233 a square foot.
Is Edgewood a buyer’s or seller’s market?
A seller’s market: 21 homes were for sale in May 2026 and 6 sold, about 3.5 months of supply. Buyers paid 98.5% of asking on average, and 25% of listings cut their price.
When is the best time to buy in Edgewood?
May brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Edgewood?
About 0.5% of a home’s value a year. On a $475K home that’s near $2,350.
Where can I see homes for sale in Edgewood?
Zillow, Redfin, Realtor.com and Homes.com all carry Edgewood’s MLS listings; the search links above open each one filtered to Edgewood.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).