Home prices
The cost of the median home in Edgewood is $194,100. It is roughly $15,200 (7%) lower in comparison to the surrounding areas.In comparison to the rest of the country it is approximately $23,400 (10%) lower, and in comparison to the city of Albuquerque it is roughly $4,100 (2%) lower.
Rents
Edgewood's median monthly rent is $1,067. It is approximately $70 (6%) lower compared to its nearby areas.In comparison to the nation as a whole it is is very similar, and is about $194 (22%) higher in comparison to the city of Albuquerque.
Nearby places
Sandia Knolls
Sandia Knolls is Edgewood's neighbor to the northwest. Housing prices there are a bit more expensive. The median home in Sandia Knolls is valued at $209,800, which works out to $15,700 (7%) higher than Edgewood. Rents there are a little more expensive. Sandia Knolls's median monthly rent is $1,507, which comes out to $440 (29%) higher than Edgewood.
Cedar Crest
Cedar Crest is about 8 miles west from Edgewood. Its real estate prices are a lot more expensive. The median home in Cedar Crest is valued at $321,900, which works out to $127,800 (39%) higher than Edgewood. The rent there is a lot more expensive. The median rent in Cedar Crest is $1,701 per month, which works out to $634 (37%) higher than Edgewood.
Tijeras
Tijeras is roughly 8 miles west of Edgewood. Its housing prices are somewhat less expensive. The median home cost in Tijeras is $168,900, which is $25,200 (14%) lower than Edgewood. Its rents are somewhat less expensive. In Tijeras the median rent is $894 a month, which comes out to $173 (19%) lower than Edgewood.
Moriarty
Moriarty is approximately 12 miles southeast of Edgewood. Its real estate prices are significantly less expensive. The median home value in Moriarty is $101,500, which comes out to $92,600 (91%) lower than Edgewood. Its rents are a lot less expensive. Moriarty's median monthly rent is $707, which is $360 (50%) lower than Edgewood.
Carnuel
Carnuel is roughly 13 miles southwest from Edgewood. Housing prices there are somewhat more expensive. Carnuel's median home cost is $244,400, which is $50,300 (20%) higher than Edgewood. Rents there are a little less expensive. In Carnuel the median rent is $877 a month, which comes out to $190 (21%) lower than Edgewood.
