Edgewood, NM housing market
The typical Edgewood home is worth about $382,000, up 3.6% in a year, 20% above the New Mexico typical home. Homes typically sell in 23 days, close to asking.
Home values, sales, trends and how Edgewood compares with the towns next door — updated as new data is published.
Edgewood at a glance
A seller's market
Supply is tight — about 3.5 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Typical home value, 2016–2026
Show as a table
| January | Edgewood | New Mexico |
|---|---|---|
| 2017 | $205,000 | $178,000 |
| 2018 | $219,000 | $184,000 |
| 2019 | $232,000 | $193,000 |
| 2020 | $253,000 | $205,000 |
| 2021 | $289,000 | $229,000 |
| 2022 | $327,000 | $263,000 |
| 2023 | $348,000 | $287,000 |
| 2024 | $360,000 | $302,000 |
| 2025 | $372,000 | $313,000 |
| 2026 | $374,000 | $315,000 |
| August 2026 | $382,000 | $318,000 |
Edgewood and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Edgewood | $382K | +3.6% | 23 | $84,761 |
| Thunder Mountain | — | — | — | $47,309 |
| Cedar Grove | — | — | — | $63,261 |
4.5 years of income
The typical Edgewood home costs about 4.5 years of the town's median household income, less than across New Mexico (5 years).
How Edgewood ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.