Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Edgemont

Learn about the people, housing, costs and businesses in Edgemont, Maryland

Median Home$357,920
Median Rent$1,246/month
Population231
Leading IndustriesRetail · Finance & Insurance · Education18% retail
Home Value Growth+9.4% over 2 years
Young Adults34% of residentswell above average
Homeowners96% of occupied units
NotableHigh Incomes$107k/year · top 13% nationally
Edgemont
MD

Frequently Asked Questions

What are today's mortgage rates in Edgemont?

As of today, the 30-year fixed mortgage rate for Edgemont is approximately 7.052% (7.093% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Edgemont
What is the median home price in Edgemont?

The median home value in Edgemont is $358k. The median monthly rent is $1,246. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Edgemont?

Home values in Edgemont have increased 9.4% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Edgemont?

Based on a typical all-in ownership cost of $952/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $41k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Edgemont is $107k/year.

Calculate your buying power
What industries drive the economy in Edgemont?

The largest employment sectors in Edgemont are public administration (23%) and retail (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.