Real-Time Real Estate Market Report
Edgewood, NM 87015
Single-Family Homes
Have the Market Insight Before You Buy or Sell
Edgewood, NM 87015
Fri Oct 23 2026
This week the median list price for Edgewood, NM 87015 is $498,000 with the market action index hovering around 36. This is less than last month's market action index of 39. Inventory has decreased to 51.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Market Narrative
Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.
Real-Time Market Profile
| Median List Price | $498,000 | |
| Median Price of New Listings | $325,000 | |
| Per Square Foot | $229 | |
| Average Days on Market | 120 | |
| Median Days on Market | 84 | |
| Price Decreased | 59% | |
| Price Increased | 0% | |
| Relisted | 10% | |
| Inventory | 51 | |
| Median Rent | ||
| Market Action | 36 | |
| Slight Seller's Advantage | ||
While this week the median price in this zip code didn't fluctuate much, we continue to sit at all time high prices. Watch for persistent downward shift in the Market Action Index into the Buyer's zone as a leading indicator of the price strength subsiding.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $685,000 | 2,908 | - | 4 | 3 | 18 | 0 | 1 | 56 |
| $544,900 | 2,205 | - | 3 | 2 | 20 | 0 | 1 | 77 |
| $395,000 | 1,708 | - | 3 | 2 | 16 | 0 | 1 | 105 |
| $299,500 | 1,655 | - | 3 | 2 | 28 | 1 | 2 | 101 |