Edgewater Real Estate Market Overview
Average Monthly Rent:
$1,005
Percentage Change in Home Price/Value:
8.30%
Median Home Value:
$192,341
Best Time To Sell Home:
December
Affordability Index:
154
Days To Sell House:
83.75
Job Market:
Fair
Public School Ranking:
26
Location and Weather
Edgewater is an intercoastal waterfront community on the east coast of Florida. It's located just 17 miles south of Daytona, and is a part of the Deltona, Daytona, and Ormond Beach metropolitan statistical area. Situated on the Indian River, adjacent to the Mosquito Lagoon, Edgewater residents delve into a variety of past-times, such as boating, fishing, waterskiing and more. Biking, walking and jogging are also a big part of Edgewater’s River Walk.
In Edgewater the summers are warm and humid, while the winters are short and temperate. Summer temperatures are in the high 80’s, with lows in the mid-70’s. The winter temperatures are in the 60’s, with lows in the mid-50’s.
Population, Job Market and Cost of Living
The population of Edgewater in 2018 was 22,669, with a growth rate of 1.55%. The job growth has increased by 2.01% over the last year and in ten years, is predicted to have increased by 42.93%. The major industries are in retail trade, healthcare, social assistance, and accommodations and food services. Edgewater is home to some of the most internationally recognized boating manufactures, which explains why the largest employers are Boston Whaler, Everglade Boats, Brunswick Commercial & Government Products and Edgewater Power Boats. The cost of living is low, due to the Edgewater real estate market and cost of available housing.
With an intercoastal waterfront location, recreation and ecotourism opportunities, a large boating manufacturing industry, and low cost of living, Edgewater will continue to attract boating enthusiasts, retirees and job seekers to this community.
