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Edgewood, NM

Full City Profile · New Mexico · Bernalillo County County

3.5 /5.0
B+ Good
6,122 Population 108/sq mi density
$81,227 Median Income $37,867 per capita
$278,100 Home Value $371,900 Zillow
$938 Median Rent 32.6% income on rent
50°F Avg Temperature 318 sunny days/yr
325 Violent Crime/100K 1,234 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$81,227 median income, 3.6% unemployment
A+
Affordability
4.8 / 5.0
$278,100 home value, $938/mo rent
F
Safety
1.0 / 5.0
325 violent crimes/100K
A
Education
4.1 / 5.0
38.9% bachelor's degree or higher

Housing Overview

Median Home Value
$278,100
1% below
US avg: $281,900
Median Rent
$938/mo
19% below
US avg: $1,163/mo
Homeownership Rate
91.5%
40% above US avg (65.4%)
Total Housing Units
2,350
Median year built: 1997

Home Value by Source

Census Median
$278,100
Zillow (ZHVI)
$371,900
Median Sale Price
$574,500
Median List Price
$369,950
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

91.5%
Owner-Occupied
8.5%
Renter-Occupied
92%
9%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$828/mo
1 Bedroom
$927/mo
2 Bedroom
$1,129/mo
3 Bedroom
$1,496/mo
4 Bedroom
$1,758/mo
Census median rent: $938/mo

Market Indicators (Redfin)

Median Days on Market
33 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
6
Price Drops
38.5%
of listings with price reduction
Price Per Sq Ft
$250
Active Inventory
13
homes for sale

Affordability & Housing Stock

Rent Burden
32.6%
of renters spending 30%+ of income on housing
5% above US avg (31.0%)
Median Year Built
1997
Average age of housing stock: 29 years
Homeownership Rate
91.5%

Complete Housing Data

Home Values

Census Median Value$278,100
Zillow Home Value (ZHVI)$371,900
Median Sale Price$574,500
Median List Price$369,950
Price Per Sq Ft$250

Rent

Census Median Rent$938
FMR Studio$828
FMR 1-Bedroom$927
FMR 2-Bedroom$1,129
FMR 3-Bedroom$1,496
FMR 4-Bedroom$1,758

Market

Days on Market33
Sale-to-List Ratio1.0%
Price Drops38.5%
Homes Sold6
Active Inventory13
Price Per Sq Ft$250

Ownership & Stock

Owner-Occupied91.5%
Renter-Occupied8.5%
Homeownership Rate91.5%
Total Housing Units2,350
Median Year Built1997
Rent Burden32.6%