Edgewater, MD—21037
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Edgewater, MD
As of Nov '25, the median home price in Edgewater, MD is $561,000, with a year-over-year change of 2.0%. This indicates that home prices in Edgewater, MD are increasing. According to Zillow, the 1-year price projection is 0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $561,000 | 2.0% |
| Single Family | $564,000 | 1.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $395,000 | 1.0% |
3 Bed | $514,000 | 1.0% |
4 Bed | $695,000 | 2.1% |
| 5 Bed | $996,802 | 3.6% |
% of Housing Stock
Rental Trends — Edgewater, MD
As of July '25, Rentcast reports the average rent in Edgewater, MD is $3,480, with a year-over-year rent change of 11.5%. Per bedroom, the median rent as of July '25 in Edgewater, MD is 2-bedrooms: $2,390, 3-bedrooms: $3,590, 4-bedrooms: $3,690. The most common rental property sizes in Edgewater, MD are 4-bedroom and 3-bedroom, accounting for 36.2% and 33.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,300 | $3,480 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $2,380 | $2,390 |
| 3 Bed Rent | $3,300 | $3,590 |
| 4 Bed Rent | $3,500 | $3,690 |
% of Rental Stock
Property Listings — Edgewater, MD
As of Nov '25, Realtor.com reports that the median days on market for a home in Edgewater, MD is 51. This is a decrease of -6.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $630,000 | 1.0% |
Listing Count | 96 | 44.0% |
| Listings as % of Homes | 0.8% | 44.0% |
Days on Market | 51 | -6.0% |
Demographics — Edgewater, MD
As of the latest ACS Survey released in 2023, Edgewater, MD has a population of 20,900, which has decreased by -3.1% over the past 5 years. Edgewater, MD is a moderately popular place for families, as children make up 22.0% of the population. The area has a highly educated workforce, with 46.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 24.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 20,900 | -3.1% |
% Under 18 | 22.0% | 4.8% |
% Seniors | 16.7% | 5.0% |
% WFH | 24.6% | 296.8% |
% w/ College Degree | 46.2% | 17.3% |
As of the latest ACS Survey released in 2023, Edgewater, MD is a predominantly white area, with 85.4% of the population identifying as white. The white population has shrunk by 2.8% in the last 5 years. The second most common race or ethnicity in Edgewater, MD is hispanic, making up 5.6% of the population. Foreign-born residents account for 5.8% of the population in Edgewater, MD, and this percentage has increased by 3.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 85.4% | -2.8% |
% Black | 5.3% | 29.3% |
% Hispanic | 5.6% | 3.7% |
% Asian | 1.0% | 0.0% |
% Foreign Born | 5.8% | 3.6% |
Mortgage and Risk — Edgewater, MD
According to HUD data as of 2023, there were 429 mortgage originations in Edgewater, MD, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Edgewater, MD. Investor activity is low, as 1.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 429 |
% Conventional Loans | 80.0% |
% Government Loans | 20.0% |
% Investor Loans | 1.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 9.0% |
Rentals and Section 8 — Edgewater, MD
Edgewater, MD lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 10 |
Total Units Section 8 | 10 |
% Rentals under Section 8 | 0.8% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $2,110 |
| 2 Bedroom | $210 | $2,380 | $2,590 |
| 3 Bedroom | $30 | $3,300 | $3,330 |
| 4 Bedroom | $220 | $3,500 | $3,720 |
Affordability — Edgewater, MD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $561,000 |
| Median Household Income | $136,000 |