08817, Edison, NJ

Edison, NJ is a suburb of New York City that has seen its home prices rise significantly in recent years. The median home price in Edison as of September 2017 was $1,085,000. This represents a growth of over 60% from the median home price of $735,000 recorded in September 2016.

While there are many factors contributing to the increase in Edison home prices, one key factor has been the increasing demand for housing in the metropolitan area. In addition, Edison has seen strong job growth over the past few years which has led to increased income and wealth levels among its residents. These factors have combined to create an environment where more and more people are looking to purchase homes in this suburb.

One important thing to note about Edison's home prices is that they are not evenly distributed across the market. The majority of homes in Edison are priced at or above $1 million, with a few outliers priced at or below $500,000. This suggests that there is a lot of demand for high-end homes in this suburb and that buyers who are able to afford these properties will likely be able to find something they're interested in.