Edmond, OK—73012
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Edmond, OK
As of Oct '25, the median home price in Edmond, OK is $328,000, with a year-over-year change of 0.3%. This indicates that home prices in Edmond, OK are flat. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $328,000 | 0.3% |
| Single Family | $328,000 | 0.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $214,000 | -0.5% |
3 Bed | $284,000 | -0.4% |
4 Bed | $395,000 | 0.5% |
| 5 Bed | $613,000 | 2.2% |
% of Housing Stock
Rental Trends — Edmond, OK
As of July '25, Rentcast reports the average rent in Edmond, OK is $1,960, with a year-over-year rent change of 2.6%. Per bedroom, the median rent as of July '25 in Edmond, OK is 1-bedrooms: $1,530, 2-bedrooms: $1,460, 3-bedrooms: $1,900, 4-bedrooms: $2,510. The most common rental property sizes in Edmond, OK are 3-bedroom and 2-bedroom, accounting for 57.7% and 21.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,850 | $1,960 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,400 | $1,530 |
| 2 Bed Rent | $1,450 | $1,460 |
| 3 Bed Rent | $1,800 | $1,900 |
| 4 Bed Rent | $2,350 | $2,510 |
% of Rental Stock
Property Listings — Edmond, OK
As of Oct '25, Realtor.com reports that the median days on market for a home in Edmond, OK is 41. This is a decrease of -10.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 28.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $349,000 | 2.0% |
Listing Count | 363 | 11.0% |
| Listings as % of Homes | 1.2% | 11.0% |
Days on Market | 41 | -10.0% |
Demographics — Edmond, OK
As of the latest ACS Survey released in 2023, Edmond, OK has a population of 44,400, which has increased by 17.9% over the past 5 years. Edmond, OK is a popular place for families, as children make up 29.8% of the population. The area has a highly educated workforce, with 56.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 44,400 | 17.9% |
% Under 18 | 29.8% | -6.3% |
% Seniors | 10.9% | 22.5% |
% WFH | 13.2% | 106.2% |
% w/ College Degree | 56.4% | -1.6% |
As of the latest ACS Survey released in 2023, Edmond, OK is a predominantly white area, with 66.8% of the population identifying as white. The white population has shrunk by 5.2% in the last 5 years. The second most common race or ethnicity in Edmond, OK is black, making up 8.6% of the population. Foreign-born residents account for 10.9% of the population in Edmond, OK, and this percentage has increased by 14.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 66.8% | -5.2% |
% Black | 8.6% | 16.2% |
% Hispanic | 7.5% | 0.0% |
% Asian | 8.1% | 19.1% |
% Foreign Born | 10.9% | 14.7% |
Mortgage and Risk — Edmond, OK
According to HUD data as of 2023, there were 71 mortgage originations in Edmond, OK, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Edmond, OK. Investor activity is low, as 4.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 71 |
% Conventional Loans | 73.0% |
% Government Loans | 27.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Edmond, OK
As of 2024, the percent of homes in Edmond, OK under the Section 8 program is 0.4%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Edmond, OK, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 11 |
Total Units Section 8 | 11 |
% Rentals under Section 8 | 0.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $40 | $1,400 | $1,440 |
| 2 Bedroom | $320 | $1,450 | $1,770 |
| 3 Bedroom | $560 | $1,800 | $2,360 |
| 4 Bedroom | $230 | $2,350 | $2,580 |
Affordability — Edmond, OK
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.6 |
| Median Home Price | $328,000 |
| Median Household Income | $124,000 |