Edson Real Estate
Refine your Edson real estate search by price, bedroom, or type (house, townhouse, or condo). View up-to-date MLS® listings in Edson.
- Ask us for addressFor Sale
- $950,000
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- •– bath
30 days - Ask us for addressFor Sale
- $99,000
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- •– bath
56 days
Home Prices in Edson
The asking price of homes for sale in Edson has increased 6.9% since January last year, while the number of homes for sale has decreased -52.28%. See more Edson Home Prices & Values.
Find Real Estate & MLS® Listings in Edson
Zolo has the most thorough, up-to-date set of Edson real estate listings. Right now, Edson has 70 homes for sale, including 68 houses, 17 condos, and 5 townhouses listed for sale. The average sold price for all home types in Edson is $302K, which is % the same as January 2020. See our Edson housing market stats for a more detailed analysis on average home prices, housing inventory, and days on market.
With Zolo you'll be able to find the hottest Edson neighbourhoods, the highest-rated schools in the city, and evaluate nearby amenities. Narrow down your home search to filter by price, bedrooms, size or search by our map of MLS® listings for Canada-wide real estate.
MLS® Listing data for Edson is added every 15 minutes to provide you the most-up-to-date home listings. Get in touch with one of our Edson real estate agents to get started on landing your dream home today.
Edson City Guide
Located in Alberta, the city of Edson has a population of 8,475. The 4.7% population growth for this city is above average when compared to other Canadian cities.
There are 6.36% of immigrants in in Edson, 1.15% of which are recent immigrants to Canada. Other than English, the most common language spoken is Tagalog (Pilipino, Filipino), with 2% of residents reporting it as their mother tongue. The largest cultural community within Edson is English at 35%, followed by Canadian at 26% and Scottish at 24%.
Edson offers good employment opportunities with an unemployment rate that sits near 5%, which is above average when compared to other cities. Approximately 43% of residents hold a university degree. Residents can expect an exceptional quality of life in Edson based upon an above average median family income of $74,404.
According to Statistics Canada 85% of Edson residents drive. About 16% of residents that are already established within the city will move within a year, while 49% will move within five years.
Edson's population is higher than average when it comes to homeownership, with 68% owning a home and 32% renting. The median monthly mortgage cost is estimated to be about $1,168, which is above average when compared to renters in other Canadian cities.
In the Canadian real estate context, Edson is a good place to to buy a home.
Market Trends
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Median List Price$279K
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Median Selling Price$273K
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Listing-to-Selling Ratio97.85%
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Price Change (Month)-5.86%
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Price Change (Year)%
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Average Days on Market82
A quick browse of MLS® listings show plenty of homes for sale in Edson. That doesn't mean property shopping in this market is effortless. In Canada's real estate marketplace there are stormy spots of activity -- areas where bidding wars and sold-over-asking is the norm. To be productive in your property search talk to a local Realtor®. As a specialist, a local Edson real estate agent can guide you to neighbourhoods that suit your needs and property types that suits your budget.
Edson properties stay on the market for 82 days, on average and sells for 97.85% of the median list price. Detached houses for sale in Edson make up 76% of listings and sell for a median price of $369,900. Edson condos are 19% of the real estate currently for sale and sell for a median price of $215,000. The remaining 6% are townhouses, which sell for a median price of $309,000.
To face Edson's real estate landscape you need to revise your expectations. Talk to a real estate broker or mortgage agent to find out what you can realistically afford.
At this point in time, Edson's median sale price is $273,000. This number is determined by finding the mid-point price of all properties sold within a specified period of time. If, for example, 30 condos sold last month and only 11 detached homes sold in the same time frame, then the median price would skew downwards to reflect the larger number of lower priced condos. At present, Edson has 68 houses for sale, 5 townhomes for sale and 17 condos for sale.
Demographics
Buying a house means owning a piece of a neighbourhood, so it’s a good idea to get to know your neighbours. Here’s a snapshot of Edson’s demographics, including median age, schools and income, using census information from Statistics Canada.
Schools
For those interested in buying Canadian real estate in order to raise a family, take heart: Edson is home to top-rated elementary and secondary schools. To help you narrow down your Edson housing market search, here’s the top five schools in each category. (Learn more in our school guide.)
Elementary Schools
8.2 | Vanier |
Secondary Schools
6.2 | Holy Redeemer |
6.1 | Parkland |
Commuters
According to Statistics Canada, residents in Edson use a variety of ways to get around.
FAQs About Edson Real Estate
According to current Edson MLS© statistics, the average home listing price in Edson, AB is $376,000. Based on Edson housing inventory, the average home is listed on the market for 110 days and has a 95.7% selling to listing price ratio.
Based on current Edson MLS© data, the average detached house in Edson, AB has a listing price of $429,000. In Edson, detached houses are on the market for 105 days on average.
According to current Edson MLS© data, the average condo in Edson, AB has a listing price of $181,000. In Edson, the average price for a 2-bedroom condo is $184,000 and the average price for a 1-bedroom condo is $210,000.
The average townhouse in Edson has an average listing price of $301,000, which represents a 19.9% change in price from last year. There are currently 5 townhouses for sale in Edson, AB.
According to Statistics Canada Census data, the median total household income in Edson is $74,404 per year, which is above the national median income of $67,000 per year.
In Edson, AB, fewer people rent their homes than own at 32% rent versus 68% own. The median monthly rent price is $68,000 per month versus the median monthly mortgage of $1,400 per month.