Market Overview
Home Prices in Edgewater, MD
The median home value in Edgewater, MD is $589,675 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.4% compared to a year ago and up 2.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Edgewater are priced44% above average. Edgewater is part of the Baltimore-Columbia-Towson, MD metro area.
Over the past five years, Edgewater home values have risen by approximately16.8%, reflecting steady appreciation in this market.
Price History
Edgewater Home Price Trend
City Comparison
Edgewater vs. National Median
At $589,675, homes in Edgewater cost 44% above the national median of $410,000. Buyers in Edgewater should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Edgewater?
20% Down Payment
$117,935
on $589,675
Monthly P&I
$3,075/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,905/mo
incl. taxes & insurance
Income Needed
$156,200
gross annual (30% rule)
10% Down Option
$58,968
+ PMI applies
Loan Amount (20% dn)
$471,740
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Edgewater, MD?
The median home value in Edgewater is $589,675 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.4% year-over-year.
How much have home prices changed in Edgewater?
Over the past year, home values in Edgewater have increased by 1.4%. Over five years, prices have risen approximately 16.8%.
How much do I need to earn to buy a home in Edgewater?
To comfortably afford the median home price of $589,675 with a 20% down payment ($117,935) at today's rates (6.8%), you'd need a gross annual income of approximately $156,200. This assumes keeping total housing costs at or below 30% of gross income.
How does Edgewater compare to the national average home price?
The national median home value is approximately $410,000. At $589,675, homes in Edgewater are 44% above the national average.
What metro area is Edgewater part of?
Edgewater is part of the Baltimore-Columbia-Towson, MD metropolitan area. Home prices and market conditions can vary across the broader metro region.