Edmond, OK—73013
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 $322,000, with a year-over-year change of 1.1%. This indicates that home prices in Edmond, OK are increasing. 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 | $322,000 | 1.1% |
| Single Family | $323,000 | 1.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $203,000 | 0.5% |
3 Bed | $278,000 | 0.4% |
4 Bed | $399,000 | 1.8% |
| 5 Bed | $655,000 | 2.8% |
% of Housing Stock
Rental Trends — Edmond, OK
As of July '25, Rentcast reports the average rent in Edmond, OK is $1,620, with a year-over-year rent change of 2.5%. Per bedroom, the median rent as of July '25 in Edmond, OK is studios: $805, 1-bedrooms: $1,130, 2-bedrooms: $1,250, 3-bedrooms: $1,780, 4-bedrooms: $2,220. The most common rental property sizes in Edmond, OK are 3-bedroom and 2-bedroom, accounting for 38.0% and 29.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,480 | $1,620 |
| Studio Rent | $795 | $805 |
| 1 Bed Rent | $1,130 | $1,130 |
| 2 Bed Rent | $1,280 | $1,250 |
| 3 Bed Rent | $1,750 | $1,780 |
| 4 Bed Rent | $2,200 | $2,220 |
% 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 48. This is a increase of 20.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 30.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $389,000 | -3.0% |
Listing Count | 377 | 30.0% |
| Listings as % of Homes | 1.0% | 30.0% |
Days on Market | 48 | 20.0% |
Demographics — Edmond, OK
As of the latest ACS Survey released in 2023, Edmond, OK has a population of 58,400, which has increased by 11.7% over the past 5 years. Edmond, OK is a popular place for families, as children make up 26.9% of the population. The area has a highly educated workforce, with 58.8% 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 | 58,400 | 11.7% |
% Under 18 | 26.9% | -2.2% |
% Seniors | 13.5% | -4.3% |
% WFH | 13.2% | 123.7% |
% w/ College Degree | 58.8% | 2.8% |
As of the latest ACS Survey released in 2023, Edmond, OK is a predominantly white area, with 66.9% of the population identifying as white. The white population has shrunk by 9.5% in the last 5 years. The second most common race or ethnicity in Edmond, OK is black, making up 9.1% of the population. Foreign-born residents account for 7.0% of the population in Edmond, OK, and this percentage has decreased by 7.9% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 66.9% | -9.5% |
% Black | 9.1% | 30.0% |
% Hispanic | 5.2% | 2.0% |
% Asian | 7.0% | 2.9% |
% Foreign Born | 7.0% | -7.9% |
Mortgage and Risk — Edmond, OK
According to HUD data as of 2023, there were 608 mortgage originations in Edmond, OK, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Edmond, OK. Investor activity is low, as 5.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 608 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 5.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Edmond, OK
As of 2024, the percent of homes in Edmond, OK under the Section 8 program is 4.4%. 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 | 222 |
Total Units Section 8 | 222 |
% Rentals under Section 8 | 4.4% |
% Occupied Section 8 | 93.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $180 | $1,130 | $1,310 |
| 2 Bedroom | $330 | $1,280 | $1,610 |
| 3 Bedroom | $400 | $1,750 | $2,150 |
| 4 Bedroom | $140 | $2,200 | $2,340 |
Affordability — Edmond, OK
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $322,000 |
| Median Household Income | $109,000 |