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Edgewood, IN

Full City Profile · Indiana · Madison County County

3.6 /5.0
B+ Good
2,101 Population 2,626/sq mi density
$85,842 Median Income $47,489 per capita
$173,800 Home Value $216,168 Zillow
$1,296 Median Rent 22.5% income on rent
53°F Avg Temperature 275 sunny days/yr
342 Violent Crime/100K 4,483 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$85,842 median income, 0.7% unemployment
A+
Affordability
5.0 / 5.0
$173,800 home value, $1,296/mo rent
F
Safety
1.0 / 5.0
342 violent crimes/100K
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)
$216,168
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
94%
6%
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 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)$216,168
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 Market4
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold1
Active Inventory1
Price Per Sq Ft$103

Ownership & Stock

Owner-Occupied94.3%
Renter-Occupied5.7%
Homeownership Rate94.3%
Total Housing Units819
Median Year Built1955
Rent Burden22.5%