Is Edgewood, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Edgewood is a seller's market

Buyer's
Market

Difference Since October 2021

Since last year, Edgewood has remained a Seller's Market.

Key Takeaway

Edgewood is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Edgewood, FL cost?

Median Sold Price

$416,250

$195/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$7,250(+1.8%)

Key Takeaway

Homes in Edgewood have sold for 1.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $108.2K$149.5K
+38.1%
2 $148.5K$157.2K
+5.9%
3 $337K$388K
+15.1%
4 $590K$500K
-15.3%
5+ $695K$900K
+29.5%

Median Sold Price Compared To Nearby Cities

Orlando
+9.3%
Belle Isle
+5.6%
Edgewood
+1.8%

How many homes are available in Edgewood, FL?

Number of Homes For Sale

Sep 2022Oct 2022%
18180.0%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 11
0.0%
2 13
+200.0%
3 77
0.0%
4 86
-25.0%
5+ 11
0.0%

Number of Homes Sold

Sep 2022Oct 2022%
210+400.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Edgewood, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
3 Days21 Days+613.3%

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Edgewood are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Edgewood, FL

Number of homes for sale in Edgewood, FL real estate market have reached 18. While the average time on the market in October 2022 was 21 days, the median list price was $416,250. Real estate listing prices changed between September 2022 and October 2022: 1 bedroom properties became 38.1% more expensive, prices of 2 bedrooms properties increased by 5.9%, prices of 3 bedrooms properties increased by 15.1%, 4 bedrooms properties became 15.3% more cheaper, 5 bedrooms properties became 29.5% more expensive. Volume of homes for sale in this real estate market have seen the following changes: number of 1 bedroom homes remained the same, number of 2 bedrooms homes increased by 200%, the quantity of 3 bedrooms homes have not changed, 4 bedrooms homes became 25% less available, 5 bedrooms homes did not move. In October 2022, from all listings sold in Edgewood, FL there were more than 2 sold above asking price, over 6 sold below and more than 2 were sold right at the asked price.

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