Edgerton, WI Real Estate

Edgerton Real Estate

Edgerton, Wisconsin is a quaint community that is positioned in south central Wisconsin. Edgerton is surrounded by metropolitan areas and provides easy access via Interstates and state highways. Madison and Janesville are only about 30 minutes away. Located in northern Rock County, the city has been an independent community during its development. Generations of families have reinvested in Edgerton while welcoming new residents and businesses. Lake Koshkonong offers plenty of fresh water fish nearby. Populated by 5,244 people, the city prides itself of its rich history and bright future.

Real Estate
The Edgerton area offers a wide-selection of homes on the market. Homes for sale include Cottages, Victorians with priceless character, Ranches and gorgeous Contemporaries. The West Meadows Subdivision offers four-bedroom and three-bath bi-level homes. Home builders around the area include Eastwood Homes, Richards Construction and Preferred Homes. The average cost of a home in the Edgerton area is $134,490 with the cost of living 11.50 percent lower than the U.S. average.

Amenities
Have a blast in downtown Edgerton at “Chilimania” held during the month of September. Started in 1990, “Chilimania” has grown to be a well organized event. Arguably one of the best chili cook-off competitions, the event has music, food and fun for the whole family.

The Edgerton Tobacco Heritage Days is a fun-filled four-day event held in downtown Edgerton and at Racetrack Park. The event includes live music, sports tournaments, games and a classic car show. Heritage Days is held during the summer months.

Coachman’s Golf Resort has been created based on the landscape it was developed. With a 27-hole regulation course, the resort offers a picturesque view of oak and willow trees. The Coachman’s offers three separate courses, so amateur and experienced golfers can enjoy the gorgeous green countryside.

Lake Koshkonong is a fisherman’s paradise offering various schools of fish. Fish such as Walleye, Northern Pike, White Bass and Bluegills are prize catches in the lake. The landscape offers a beautiful view for anyone looking for an excellent place to fish.

History
The first settlers resided in the Edgerton area in the 1840s. In 1853, a railroad was constructed in the area of what is now Edgerton. The city was named after Benjamin Edgerton who was the lead engineer of the construction of the railroad.

Edgerton was called the “Tobacco Capital of the World” with its abundant market of the product during the turn of the century. Tobacco barons would come to Edgerton to buy and sell the product. There are a few of the 52 warehouses remaining in the area. The history of the product is why Edgerton celebrates “Tobacco Heritage Days.”

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Schools
  District Type Enrollment # Student Teacher Ratio Test Score Rank
Edgerton Community Elementary School (Edgerton) Edgerton School District Public 807 16 EDGERTON COMMUNITY ELEMENTARY SCHOOL GreatSchools Rating
Edgerton High School (Edgerton) Edgerton School District Public 600 17 EDGERTON HIGH SCHOOL GreatSchools Rating
Edgerton Middle School (Edgerton) Edgerton School District Public 415 14 EDGERTON MIDDLE SCHOOL GreatSchools Rating
Yahara Elementary School (Edgerton) Edgerton School District Public 810 15 YAHARA ELEMENTARY SCHOOL GreatSchools Rating
Demographics

Population Demographics

  City County State
Total Population 12,300 163,344 5,852,878
Total Households 4,970 64,140 2,349,819
Total Families 3,325 43,224 1,516,725
Percent Male 51% 49% 50%
Percent Female 49% 51% 50%
White Collar Jobs 58% 58% 58%
Blue Collar Jobs 42% 42% 42%

Top Occupations

Professions Population Employed
Professional Services 557
Healthcare 318
Sales 317
Maintenance 200
Transportation 197
Food 153
Construction 152
Management 139
Manufacturing 115
Education 104

Male Female Breakdown

Population Age

White vs Blue Collar Jobs

Top Professions

Work Transportation Method

Household Income

Education Attainment

  City County State
Some High School 424 8,326 224,571
High School Graduate 3,217 40,126 1,256,597
Some College 1,790 24,009 833,955
Associates Degree 1,191 11,411 410,260
Bachelors Degree 1,288 15,211 747,113
Graduate Degree 544 7,792 384,121

Education Attainment


Market Conditions
Market Conditions for Edgerton - August 2020 | Shorewest Realtors®
August 2020

Market Conditions for Edgerton

Median Sale Price Graph

Median Sale Price

The median sale price for homes in August was $192,000. The median sales price for homes in August fell by ($10,250) compared to last month. This represents a 5.06% decrease from July. Compared to the same month last year, the median price of homes rose by $18,750 representing a 10.82% year-over-year change.

The median sales price is the middle value of all sales occurring in the market during the past thirty days when you arrange these sales prices from lowest to highest. This is a better indicator than the average as the median does not change as much as a result of a few unusually low or high sales prices.

Homes for Sale Graph

Homes for Sale

The inventory of homes for sale rose by 5 in August to 19. This represents 35.71% increase from July when 14 homes were on the market. Compared to the same month last year when there were 16 homes for sale, the inventory of homes for sale has risen by 3 representing a 18.75% year-over-year change.

Homes for sale represents the number of active listings on the market during the specified month as reported in the MLS system operating within the market area.

Homes Sold Graph

Homes Sold

The 7 homes sold in August was 5 less than in July. This represents a 41.66% decrease in sales from July. Compared to the same month last year, the number of homes sold decreased by 7, a -50% year-over-year decrease.

Homes sold is the total count of properties in the market area that have had a closed sale during the specified month as reported in the MLS systems operating within the market area.

Average Days on Market Graph

Avg Days on Market

The average days on market for a home sold in August (40) increased by 14 days compared to July. This represents a 53.84% increase in days on market for homes in the market from the previous month. Compared to the same month last year, the days on market for homes sold decreased by 1, a -2.43% year-over-year change.

Average Days on Market is the time period between the date when a home is listed for sale in an MLS system and the date it is sold.

Sale/List Price Ratio

Sale/List Price Ratio

The Sale/List Price Ratio of 93.29% in August fell by 5.86% compared to July and decreased 4.35% compared to the same period last year.

Sale/List Price Ratio is the sale price of a listing divided by the original list price expressed as a percentage. The Sale/List Price Ratio for the market is determined by adding the Sale/List Price Ratio for each listing sold in the market during the month and dividing by the number of listings sold during the month.

New Homes Graph

New Homes

The number of homes listed in August (13) rose by 5 compared to July, a 62.5% change. Compared to August 2019, the number of new listings remained level

Newly Listed Homes are the total count of homes that have been listed within the market area during the most recent month, as reported in the MLS system(s) operating in the market area.

Median List Price Graph

Median List Price

The median list price in August was $189,900. The median list price for homes in August fell by ($77,050) compared to last month. This represents a 28.86% decrease from July. Compared to the same month last year, the median list price of homes increased $4,900 representing a 2.64% year-over-year increase.

The median list price is the middle value of all currently active listings as reported in the MLS systems in the market area when you arrange these list prices from lowest to highest. This is a better indicator than the average as the median does not change as much as a result of the existence of a few unusually low or high list prices.




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