Zip 21040 (Edgewood, MD) Housing

The housing market in Edgewood, MD (21040) is significantly lower than the US median value of $338,100. The housing median value in Edgewood is $234,000, which is much more affordable for many potential buyers. Despite the low median value, there has been strong appreciation in the last year with a 8.62% increase since last year. This growth rate outpaces the national average of 8.27%, making Edgewood a great option for those looking to buy or invest in real estate.

The median home cost in Edgewood (zip 21040) is $234,000. Home appreciation the last 10 years has been 49.5%. Home Appreciation in Edgewood (zip 21040) is up 10.6%.

Average Age of Homes

- The median age of Edgewood (zip 21040) real estate is 37 years old

The Rental Market in Edgewood (zip 21040)

- Renters make up 30.2% of the Edgewood (zip 21040) population
- 2.4% of houses and apartments in Edgewood (zip 21040), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Edgewood, Maryland	United States
	9,800.0	139,647,020.0
	37	42
	$234,000	$338,100
	10.6%	16.6%
	35.6%	57.0%
	49.5%	101.1%
	$10.74	$10.98
	$1,966	$2,690
	65.5%	57.4%
	6.5%	11.2%
	28.0%	31.4%
Vacant Housing
	2.4%	1.9%
	0.4%	0.4%
	0.5%	0.7%
	0.6%	0.4%
	0.2%	3.6%
	2.5%	4.1%
Value of Owner-Occupied Housing
	4.4%	2.6%
	3.6%	2.4%
	2.4%	2.8%
	5.3%	3.9%
	1.2%	4.5%
	14.3%	11.3%
	26.8%	13.0%
	28.3%	20.1%
	8.7%	13.6%
	2.5%	8.3%
	2.5%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	15.6%	13.6%
	15.6%	13.6%
	19.8%	13.6%
	22.9%	13.2%
	21.6%	14.8%
	19.8%	13.6%
	5.1%	10.0%
	1.7%	4.7%
	3.0%	12.2%

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