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Edgewood, WA

Full City Profile · Washington · Pierce County County

3.2 /5.0
B Good
12,683 Population 1,512/sq mi density
$114,342 Median Income $52,546 per capita
$664,000 Home Value $729,984 Zillow
$1,837 Median Rent 28.7% income on rent
54°F Avg Temperature 240 sunny days/yr
200 Violent Crime/100K 1,686 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$114,342 median income, 1.0% unemployment
B
Affordability
3.4 / 5.0
$664,000 home value, $1,837/mo rent
F
Safety
1.0 / 5.0
200 violent crimes/100K
B
Education
3.3 / 5.0
28.8% bachelor's degree or higher

Housing Overview

Median Home Value
$664,000
136% above
US avg: $281,900
Median Rent
$1,837/mo
58% above
US avg: $1,163/mo
Homeownership Rate
69.3%
6% above US avg (65.4%)
Total Housing Units
4,744
Median year built: 1984

Home Value by Source

Census Median
$664,000
Zillow (ZHVI)
$729,984
Median Sale Price
$799,995
Median List Price
$757,497
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

69.3%
Owner-Occupied
30.7%
Renter-Occupied
69%
31%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,082/mo
1 Bedroom
$1,180/mo
2 Bedroom
$1,472/mo
3 Bedroom
$2,003/mo
4 Bedroom
$2,351/mo
Census median rent: $1,837/mo · Zillow rent: $2,162/mo

Market Indicators (Redfin)

Median Days on Market
70 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
11
Price Drops
25.8%
of listings with price reduction
Price Per Sq Ft
$315
Active Inventory
31
homes for sale

Affordability & Housing Stock

Rent Burden
28.7%
of renters spending 30%+ of income on housing
7% below US avg (31.0%)
Median Year Built
1984
Average age of housing stock: 42 years
Homeownership Rate
69.3%

Complete Housing Data

Home Values

Census Median Value$664,000
Zillow Home Value (ZHVI)$729,984
Median Sale Price$799,995
Median List Price$757,497
Price Per Sq Ft$315

Rent

Census Median Rent$1,837
Zillow Rent (ZORI)$2,162
FMR Studio$1,082
FMR 1-Bedroom$1,180
FMR 2-Bedroom$1,472
FMR 3-Bedroom$2,003
FMR 4-Bedroom$2,351

Market

Days on Market70
Sale-to-List Ratio1.0%
Price Drops25.8%
Homes Sold11
Active Inventory31
Price Per Sq Ft$315

Ownership & Stock

Owner-Occupied69.3%
Renter-Occupied30.7%
Homeownership Rate69.3%
Total Housing Units4,744
Median Year Built1984
Rent Burden28.7%