Edgewater, AL housing market
The typical Edgewater home is worth about $65,000, down 18.5% in a year, 73% below the Alabama typical home.
Home values, sales, trends and how Edgewater compares with the towns next door — updated as new data is published.
Edgewater at a glance
Only 1 sale in April 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Edgewater | Alabama |
|---|---|---|
| 2017 | $39,000 | $147,000 |
| 2018 | $39,000 | $152,000 |
| 2019 | $44,000 | $158,000 |
| 2020 | $50,000 | $170,000 |
| 2021 | $68,000 | $188,000 |
| 2022 | $82,000 | $215,000 |
| 2023 | $75,000 | $228,000 |
| 2024 | $71,000 | $233,000 |
| 2025 | $77,000 | $238,000 |
| 2026 | $72,000 | $239,000 |
| August 2026 | $65,000 | $242,000 |
Edgewater and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Edgewater | $65K | −18.5% | $1,110 | — | — |
| Birmingham | $137K | −2.4% | $1,200 | 579 | $46,051 |
| Pleasant Grove | $228K | +0.6% | $1,360 | 35 | $70,317 |
| McDonald Chapel | $64K | +2.4% | $1,110 | — | $56,971 |
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $1,110
HUD's Fair Market Rent for a two-bedroom in Edgewater is $1,110 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $900 · 4 bedrooms $1,580
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (35224; Birmingham-Hoover, AL HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, April 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.