Home prices
The median home value in Edgewood is $107,500. In comparison to nearby areas this is about $8,860 (8%) higher.It is approximately $110,000 (50%) lower compared to the rest of the country, and is about $7,600 (6%) lower compared to the city of Fort Wayne.
Rents
The median monthly rent in Edgewood is $1,145. It is approximately $351 (44%) higher compared to its nearby areas.In comparison to the entire country it is roughly $83 (7%) higher, and is approximately $381 (49%) higher compared to the city of Fort Wayne.
Nearby places
Anderson
Anderson is Edgewood's neighbor to the southeast. Housing prices there are significantly less expensive. The median home in Anderson costs $72,900, which works out to $34,600 (47%) lower than Edgewood. Rent there is a lot less expensive. In Anderson the median monthly rent is $757, which works out to $388 (51%) lower than Edgewood.
Chesterfield
Chesterfield is approximately 6 miles east from Edgewood. Real estate prices there are significantly less expensive. The median home in Chesterfield costs $65,700, which comes out to $41,800 (63%) lower than Edgewood. Its rents are substantially less expensive. In Chesterfield the median rent is $823 per month, which works out to $322 (39%) lower than Edgewood.
Lapel
Lapel is about 6 miles southwest of Edgewood. Housing prices there are somewhat more expensive. The median home value in Lapel is $116,200, which works out to $8,700 (7%) higher than Edgewood. The rent there is a lot less expensive. Lapel's median rent is $800 a month, which works out to $345 (43%) lower than Edgewood.
Pendleton
Pendleton is approximately 6 miles south from Edgewood. Its housing prices are a little more expensive. The median home price in Pendleton is $152,700, which is $45,200 (29%) higher than Edgewood. The rent there is a lot less expensive. Pendleton's median monthly rent is $862, which works out to $283 (32%) lower than Edgewood.
Frankton
Frankton is about 8 miles north of Edgewood. The housing prices there are a bit less expensive. The price of the median home in Frankton is $85,700, which comes out to $21,800 (25%) lower than Edgewood. Rents there are a lot less expensive. In Frankton the median rent is $729 per month, which comes out to $416 (57%) lower than Edgewood.
