Edgewater, Colorado Real Estate & Housing Market

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Edgewater Housing Information

Index	Edgewater	Colorado	National
Median home price	$252,900	$264,600	$184,700
Median rent asked	$953	$1,057	$949
Avg. people per household	2.2	2.5	2.6
Owner occupied households	35.6%	64.4%	63.6%
Renter occupied households	64.4%	35.6%	36.4%

Above, you'll find an overview of the real estate market in Edgewater, CO. Generally, real estate in the Edgewater, CO area is more affordable in Colorado, as the median price of a home in Edgewater, CO is $252,900, which is 4% lower than the Colorado average. The median rental price in Edgewater, CO is $953. This is 10% lower than the average rental price in Colorado. Home owners comprise 35.6% of the population of Edgewater, CO, where an average of 2.2 people live in each home. Various real estate options from luxurious homes to affordable condos and urban townhomes are available in Edgewater, CO. Below, you can search for real estate listings in Edgewater, CO using our search functionality that allows you to personalize your search and filter out location, price, and number of bedrooms and bathrooms.

Edgewater Home Affordability

When searching for real estate in Edgewater, CO, home affordability is a critical aspect. The ratio of the house price to the median household income is one method used to figure out home affordability. In Edgewater, CO, the median house price is $252,900, while the median income for households in the area is $44,046. Therefore, the ratio of house price to income is 5.7x; this ratio is 36% higher than the average in Colorado. The calculation for the ratio of home affordability requires dividing the median household income by the median house price. The lower the aforementioned ratio, the more affordable homes are - when comparing the house price to the household income. However, there are more factors that come into play in terms of home affordability. The calculator below determines home affordability, and it can help you decide how much money you can afford to pay for real estate in Edgewater, CO.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Lakeside, CO	10	$0	100%
Glendale CDP, CO	78	$0	100%
Federal Heights, CO	12,173	$42,200	77%
Derby, CO	8,930	$125,300	32%
Glendale, CO	4,905	$135,200	27%
Edgewater, CO	5,278	$252,900	37%

Cities with similar population

City, State	Population	Home Price	National Avg.
Stokesdale, NC	5,278	$198,300	7%
Collegeville, PA	5,279	$302,800	64%
Calistoga, CA	5,281	$475,800	158%
Cave Creek, AZ	5,275	$453,300	145%
West Modesto, CA	5,274	$121,800	34%
Edgewater, CO	5,278	$252,900	37%

Source: The Edgewater, CO housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).