Home prices
The median home in Edgewater is valued at $83,700. It is about $22,740 (21%) lower in comparison to other places in this area.It is approximately $133,800 (61%) lower compared to the rest of the nation, and compared to the city of Birmingham it is approximately $7,400 (8%) lower.
Rents
In Edgewater the median monthly rent is $845. It is roughly $37 (4%) lower in comparison to its nearby areas.It is approximately $217 (20%) lower compared to the entire country, and is is very similar compared to the city of Birmingham.
Nearby places
McDonald Chapel
McDonald Chapel is Edgewater's neighbor to the southeast. The real estate prices there are significantly less expensive. The median home in McDonald Chapel is valued at $61,300, which is $22,400 (36%) lower than Edgewater. Rents there are a little less expensive. In McDonald Chapel the median monthly rent is $766, which comes out to $79 (10%) lower than Edgewater.
Pleasant Grove
Pleasant Grove is Edgewater's neighbor to the south. Housing prices there are a lot more expensive. The median home in Pleasant Grove is valued at $157,400, which is $73,700 (46%) higher than Edgewater. Rents there are a bit more expensive. The median monthly rent in Pleasant Grove is $1,134, which is $289 (25%) higher than Edgewater.
Mulga
Mulga is approximately 1 mile northwest of Edgewater. Its housing prices are a lot less expensive. The median home value in Mulga is $59,000, which comes out to $24,700 (41%) lower than Edgewater. Rent there is fairly similar. The median monthly rent in Mulga is $812, which is $33 (4%) lower than Edgewater.
Maytown
Maytown is approximately 2 miles northwest from Edgewater. The real estate prices there are a little more expensive. The median home in Maytown costs $93,300, which comes out to $9,600 (10%) higher than Edgewater. Rents there are somewhat more expensive. In Maytown the median monthly rent is $939, which is $94 (10%) higher than Edgewater.
Sylvan Springs
Sylvan Springs is approximately 3 miles west of Edgewater. The real estate prices there are a lot more expensive. The median home in Sylvan Springs costs $161,200, which comes out to $77,500 (48%) higher than Edgewater. Rents there are a little less expensive. The median rent in Sylvan Springs is $761 per month, which comes out to $84 (11%) lower than Edgewater.