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Edgewood, NM Home Values and Rents

The typical home value in Edgewood is $380,165, 31st highest of 150 cities and towns in New Mexico. Median rent is $1,114 a month.

Typical home value
$380,165
31st of 150 in NM
Median rent
$1,114/mo
ACS 2020-2024
Price change, 1 year
+3.2%
Sep 2026
Homeownership
91.7%
NM: 70.0%

Home sale prices in the Santa Fe, NM area

Zillow median sale price, Sep 2026

$683,747-4.6% from a year earlier

Half of homes in the metro area sold for more and half for less. Zillow publishes sale prices for metro areas, not for single counties or cities.

Typical home value in Edgewood

Zillow Home Value Index, all homes, middle tier

Show as a table
PeriodEdgewood
Sep 2026$380,165
Dec 2025$371,841
Dec 2024$370,530
Dec 2023$358,826
Dec 2022$348,501
Dec 2021$323,629
Dec 2020$285,121
Dec 2019$250,989
Dec 2018$229,009
Dec 2017$217,159
Dec 2016$204,469
Dec 2015$198,221
Dec 2014$190,250
Dec 2013$185,606
Dec 2012$182,222

Over five years, Edgewood prices changed +19.6%.

Source: Zillow Research · Last updated 09/01/2026

Home values by ZIP code

Median home value and rent (ACS 2020-2024); price changes from the FHFA annual ZIP index

Swipe the table sideways to see more columns.

#ZIP codeMedian valueMedian rent1-year5-year
187047$413,400$1,220+2.8%+53.9%
287015$289,900$950+0.3%+50.9%

Fair Market Rents, FY2027

HUD rent standard for Santa Fe, NM MSA

NM rents
Unit sizeMonthly rentvs FY2026
Studio$1,260+0.1%
1 bedroom$1,413+1.7%
2 bedrooms$1,735+3.0%
3 bedrooms$2,134+0.6%
4 bedrooms$2,280+2.2%

Frequently asked questions

What is the typical home value in Edgewood, NM?
The typical home value in Edgewood is $380,165 (Zillow Home Value Index, Sep 2026). The New Mexico median is $248,100.
How much is rent in Edgewood?
The median rent in Edgewood is $1,114 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,735.
Are home prices going up in Edgewood?
The typical home value in Edgewood changed +3.2% over one year and +19.6% over five years, as of Sep 2026.
How does Edgewood compare with the rest of New Mexico?
Edgewood has the 31st highest median home value of 150 cities and towns with 1,000+ residents in New Mexico.
Which ZIP code in Edgewood has the highest home values?
ZIP code 87047 has the highest median home value at $413,400, and 87015 has the lowest at $289,900.