Edgewood, IN
Full City Profile · Indiana · Madison County County
4.5
/5.0
A+
Excellent
2,101
Population
2,626/sq mi density
$85,842
Median Income
$47,489 per capita
$173,800
Home Value
$223,715 Zillow
$1,296
Median Rent
22.5% income on rent
53°F
Avg Temperature
A+
Overall
4.5 / 5.0
Strong
A+
Economy
4.7 / 5.0
$85,842 median income, 1.1% unemployment
A+
Affordability
5.0 / 5.0
$173,800 home value, $1,296/mo rent
B+
Education
3.8 / 5.0
35.4% bachelor's degree or higher
Housing Overview
Median Home Value
$173,800
38% below
US avg: $281,900
Median Rent
$1,296/mo
11% above
US avg: $1,163/mo
Homeownership Rate
94.3%
44% above US avg (65.4%)
Total Housing Units
819
Median year built: 1955
Home Value by Source
Census Median
$173,800
Zillow (ZHVI)
$223,715
Redfin Median Sale
$154,000
Median Sale Price
$154,000
Median List Price
$219,900
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
94.3%
Owner-Occupied
5.7%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$816/mo
1 Bedroom
$882/mo
2 Bedroom
$1,096/mo
3 Bedroom
$1,391/mo
4 Bedroom
$1,590/mo
Census median rent:
$1,296/mo
Market Indicators (Redfin)
Median Sale Price
$154,000
Median Days on Market
4 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$103
Active Inventory
1
homes for sale
Affordability & Housing Stock
Rent Burden
22.5%
of renters spending 30%+ of income on housing
27% below US avg (31.0%)
Median Year Built
1955
Average age of housing stock: 71 years
Homeownership Rate
94.3%
Complete Housing Data
Home Values
| Census Median Value | $173,800 |
| Zillow Home Value (ZHVI) | $223,715 |
| Redfin Median Sale | $154,000 |
| Median Sale Price | $154,000 |
| Median List Price | $219,900 |
| Price Per Sq Ft | $103 |
Rent
| Census Median Rent | $1,296 |
| FMR Studio | $816 |
| FMR 1-Bedroom | $882 |
| FMR 2-Bedroom | $1,096 |
| FMR 3-Bedroom | $1,391 |
| FMR 4-Bedroom | $1,590 |
Market
| Days on Market | 4 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 0.0% |
| Homes Sold | 1 |
| Active Inventory | 1 |
| Price Per Sq Ft | $103 |
Ownership & Stock
| Owner-Occupied | 94.3% |
| Renter-Occupied | 5.7% |
| Homeownership Rate | 94.3% |
| Total Housing Units | 819 |
| Median Year Built | 1955 |
| Rent Burden | 22.5% |