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As-is Deals in Edgewood, NM

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20 Mimbres-ln-Santa-fe-NM-87507
As-Is Deal
$650,000 List Price

Mimbres Ln
Santa Fe, NM 87507

3 Bed | 3 Bath

23 Sunset-rd-Santa-fe-NM-87507
As-Is Deal
$525,000 List Price

Sunset Rd
Santa Fe, NM 87507

3 Bed | 3 Bath

Displaying 1 - 2 of 2
 

Foreclosure Homes in Edgewood, NM

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Edgewood, NM area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Edgewood, NM and much more. Save thousands at closing with home foreclosure listings in Edgewood, NM — up to 75% off market value!


Top Reasons To Live In Edgewood, NM In 2021

Edgewood is located in Santa Fe, New Mexico, with an estimated municipal population of 6,107 residents. All of the best foreclosed homes for sale in Edgewood are located in the following zip code areas on Foreclosure.com: 87047 87015. The estimated population per square kilometer (.62 miles) in Edgewood is 41.


Cost Of Living In Edgewood, NM

So, about how much do homes cost in Edgewood? The most recent median value of resident-owned homes in Edgewood is 194,388. An estimated 86.8 percent of households in Edgewood own their homes, with an average family size of 3.01. The median household income in Edgewood is 64,931, with29.5 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Edgewood, the median commute time of resident workers (in minutes) is 36.6. And last, but certainly not least, are you looking for homes to rent in Edgewood? If so, the average rent price paid by renters in Edgewood is 1,067, according to recent statistics.


Diversity And Demographics In Edgewood, New Mexico

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Edgewood, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Edgewood is 43.3, split between 47.7 percent male versus 52.3 female. The percentage of residents who report being married in Edgewood is 57.3, with an average family size of 3.01.

The percentage of residents who report their race in Edgewood is as follows:

White 92.2%
Black / African American 0.2%
Asian 0.1%
American Indian / Alaskan Native 1.1%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.5%
Other 4.9%

Looking for family-friendly neighborhoods in and/or near Edgewood? Or maybe you are searching for 55+ active adult communities in and/or near Edgewood?

The percentage of residents who report their age in Edgewood is as follows:

Under 10 11.8%
Aged 10-19 13.2%
20s 9.4%
30s 11.7%
40s 15.5%
50s 16.7%
60s 12.3%
70s 7.2%
80+ 2.3%

Best Schools In Edgewood, New Mexico

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Edgewood with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Edgewood.


Pros And Cons Of Living In Edgewood, New Mexico

How do you know that living in -- or moving to -- Edgewood is right where you need to be? Perhaps you grew up in Edgewood or already live nearby; therefore, the decision to buy a home in Edgewood is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Edgewood for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Edgewood:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Edgewood.


Reasons To Move To Edgewood, New Mexico, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Edgewood can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Edgewood, meanwhile, can field multiple offers from more qualified buyers.

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Listing types in Edgewood, NM

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