58433, Edgeley, ND

Edgeley, ND is located in the southwestern corner of North Dakota and has a population of 1,848 as of the 2010 census. The median household income was $42,917 in 2010 and the median home value was $128,000. Edgeley is a small town with a population that is predominately white and middle-class. The economy is based primarily on agriculture and tourism.

The homeownership rate in Edgeley was 89% as of 2013, which is higher than the national homeownership rate of 63%. This high homeownership rate may be due to the fact that Edgeley is a small town with limited housing options available. In addition, Edgeley has been able to maintain its high home values by having a low number of foreclosures and short sales over the past five years.

Home equity refers to the value of an owner's home minus any outstanding mortgages or other liens on that property. Home equity can be used for various purposes such as paying down debt or investing in assets such as stocks or real estate. Home prices are one measure of how valuable an asset an owner's home may be. As mentioned earlier, Edgeley has a high homeownership rate and therefore there are not many homes for sale compared to other areas in the country. This means that buyers have more bargaining power when it comes to negotiating prices for properties in Edgeley. As long as buyers are aware of this fact and prepared to negotiate aggressively, they should be able to find properties that fit their budget while still maintaining some degree of ownership over their homes.

There have been some concerns recently about whether or not Edgeley's high home values will continue to rise due to increasing interest rates across all markets nationwide. However, so far there does not seem to be any indication that prices will decrease anytime soon even though rates have increased recently In addition, although there may be some people who are struggling financially right now due to rising interest rates, most people in Edgeley appear content with their current home values despite these fluctuations