October's First-Time Homebuyer Report for Edison

Edison has a younger population than other areas in Washington with a median age of 44 years. It is also affluent with a median income of $61,851 per household. With a median age of 50 years, homes in Edison tend to be older than most.

Price Range

The median value of homes in Edison is $346,900, making it one of the most valuable areas in Washington. At the same time, the average list price of available homes is presently $258,333.

Typical Dwelling

The typical dwelling in Edison is a three-bedroom detached home worth about $315,000. To purchase a similar home, a buyer with good credit and a $63,000 cash down payment could obtain a mortgage with a 3.95% interest rate and a $38 monthly payment. The property tax rate is $10.94 per $1,000 of taxable assessed value.

Get started right now by checking out Edison homes for sale or reviewing Edison real estate trends.


Data reported through 10/13/2016

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