Why Live in Edwards
Edwards, Colorado, located in the Eagle River valley, is an unincorporated town about 15 miles west of Vail. With a population of around 11,000, Edwards is known for its outdoor recreational opportunities, including golfing, hiking, biking, river rafting, fishing, hunting, and skiing. The town experiences four distinct seasons, with summer temperatures in the mid-80s and winter temperatures in the 40s, providing a balanced climate that avoids extreme snowfall. Housing in Edwards primarily consists of single-family homes built between the early '70s and '90s, with newer developments focusing on medium-density housing such as condos and townhomes. The median sale price for homes in Edwards was $2.4 million in 2024, reflecting a significant increase in property values. The Eagle County School District, serving Edwards, is highly rated, contributing to the town's appeal for families. Freedom Park is a notable local attraction, offering a seasonal splash pad, playgrounds, and a skatepark. Commercial activity is centered around Edwards Village and Riverwalk, featuring a variety of dining options and an outdoor amphitheater. Edwards is accessible via I-70, with Denver located 110 miles east and Aspen 90 miles south. While public transit options are limited, the Eagle County Regional Airport is about 20 miles west. However, potential homebuyers should be aware of the substantial fire risk due to the surrounding natural space, which can impact insurance costs and availability.
Frequently Asked Questions
What is the average home price in Edwards, CO?
Homes for sale in Edwards, CO have an average home price of $3,857,496.
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 $2,695,000. If you put a 20% down payment of $539,000 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $13,940 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $597K 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 49 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 $2,077,000, down 13% from the median home sale price over the previous 12 months.
Median Sale Price
$2,077,000
Median Single Family Sale Price
$4,499,000
Median Townhouse Sale Price
$1,261,000
Median 2 Bedroom Sale Price
$765,000
Median 1 Bedroom Sale Price
$680,000
Average Price Per Sq Ft
$954
Number of Homes for Sale
100
Last 12 months Home Sales
149
Median List Price
$2,695,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
-13%