Edgewater, MD

Full City Profile · Maryland · Anne Arundel County County

4.5 /5.0
A+ Excellent
8,297 Population 2,775/sq mi density
$111,000 Median Income $54,228 per capita
$428,500 Home Value $583,177 Zillow
$2,230 Median Rent 33.9% income on rent
58°F Avg Temperature
A+
Overall
4.5 / 5.0
Strong
A+
Economy
4.8 / 5.0
$111,000 median income, 3.4% unemployment
A+
Affordability
4.5 / 5.0
$428,500 home value, $2,230/mo rent
A
Education
4.2 / 5.0
39.4% bachelor's degree or higher

Housing Overview

Median Home Value
$428,500
52% above
US avg: $281,900
Median Rent
$2,230/mo
92% above
US avg: $1,163/mo
Homeownership Rate
85.6%
31% above US avg (65.4%)
Total Housing Units
4,004
Median year built: 1977

Home Value by Source

Census Median
$428,500
Zillow (ZHVI)
$583,177
Redfin Median Sale
$504,000
Median Sale Price
$504,000
Median List Price
$522,500
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

85.6%
Owner-Occupied
14.4%
Renter-Occupied
86%
14%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,312/mo
1 Bedroom
$1,400/mo
2 Bedroom
$1,648/mo
3 Bedroom
$2,123/mo
4 Bedroom
$2,442/mo
Census median rent: $2,230/mo · Zillow rent: $2,850/mo

Market Indicators (Redfin)

Median Sale Price
$504,000
Median Days on Market
54 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
8
Price Drops
23.5%
of listings with price reduction
Price Per Sq Ft
$298
Active Inventory
17
homes for sale

Affordability & Housing Stock

Rent Burden
33.9%
of renters spending 30%+ of income on housing
9% above US avg (31.0%)
Median Year Built
1977
Average age of housing stock: 49 years
Homeownership Rate
85.6%

Complete Housing Data

Home Values

Census Median Value$428,500
Zillow Home Value (ZHVI)$583,177
Redfin Median Sale$504,000
Median Sale Price$504,000
Median List Price$522,500
Price Per Sq Ft$298

Rent

Census Median Rent$2,230
Zillow Rent (ZORI)$2,850
FMR Studio$1,312
FMR 1-Bedroom$1,400
FMR 2-Bedroom$1,648
FMR 3-Bedroom$2,123
FMR 4-Bedroom$2,442

Market

Days on Market54
Sale-to-List Ratio1.0%
Price Drops23.5%
Homes Sold8
Active Inventory17
Price Per Sq Ft$298

Ownership & Stock

Owner-Occupied85.6%
Renter-Occupied14.4%
Homeownership Rate85.6%
Total Housing Units4,004
Median Year Built1977
Rent Burden33.9%