Why Live in Edwards
Edwards, located in Colorado's Eagle River valley, is a mountain town about 15 miles west of Vail, known for its world-class skiing. With a population of around 11,000, Edwards is an outdoor enthusiast's haven, offering year-round activities such as golfing, hiking, biking, river rafting, fishing, hunting, and skiing. The town features Freedom Park, a regional sports center with a splash pad, playgrounds, and a skatepark, providing numerous things to do for families. Edwards Village and Riverwalk serve as the town's commercial hubs, offering shopping, dining, and entertainment options, including an outdoor amphitheater. The Eagle County School District, serving Edwards, is rated above average, contributing to the area's appeal for families. Housing in Edwards primarily consists of homes built between the early '70s and '90s, with Singletree being a notable high-end neighborhood. While the climate is ideal with moderate snowfall, the surrounding natural space poses a substantial fire risk, affecting insurance considerations. Edwards is accessible via I-70, with traffic easing west of Vail, and the Eagle County Regional Airport is 20 miles away. Public transit is limited, but the Eagle County Transportation Authority provides some bus routes. Crime statistics for Edwards are not readily available, leaving potential home buyers to consider other aspects of safety.
Frequently Asked Questions
What is the average home price in Edwards, CO?
Homes for sale in Edwards, CO have an average home price of $3,642,656.
How many homes have sold over the last 12 months in Edwards, CO?
149 homes have sold in Edwards, CO over the last 12 months.
What are the most popular zip codes in Edwards, CO?
How much do you need to make to afford a house in Edwards?
The median home price in Edwards is $2,650,000. If you put a 20% down payment of $530,000 and had a 30-year fixed mortgage with an interest rate of 6.77%, your estimated principal and interest payment would be $13,780 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $591K a year to afford the median home price in Edwards.
How are the schools in Edwards, CO?
Home Trends in Edwards, CO
On average, homes in Edwards, CO sell after 47 days on the market compared to the national average of 50 days. The median sale price for homes in Edwards, CO over the last 12 months is $2,150,000, down 9% from the median home sale price over the previous 12 months.
Median Sale Price
$2,150,000
Median Single Family Sale Price
$4,290,000
Median Townhouse Sale Price
$1,280,000
Median 2 Bedroom Sale Price
$782,500
Median 1 Bedroom Sale Price
$815,000
Average Price Per Sq Ft
$910
Number of Homes for Sale
92
Last 12 months Home Sales
149
Median List Price
$2,650,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
-9%