Edmond, OK—73003
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 $267,000, with a year-over-year change of 0.4%. This indicates that home prices in Edmond, OK are flat. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $267,000 | 0.4% |
| Single Family | $267,000 | 0.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $181,000 | 1.1% |
3 Bed | $242,000 | 0.0% |
4 Bed | $366,000 | 1.1% |
| 5 Bed | $623,000 | 1.0% |
% 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 -2.4%. Per bedroom, the median rent as of July '25 in Edmond, OK is studios: $1,200, 1-bedrooms: $1,190, 2-bedrooms: $1,280, 3-bedrooms: $1,820, 4-bedrooms: $1,950. The most common rental property sizes in Edmond, OK are 3-bedroom and 2-bedroom, accounting for 45.9% and 23.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,580 | $1,620 |
| Studio Rent | $1,200 | $1,200 |
| 1 Bed Rent | $1,160 | $1,190 |
| 2 Bed Rent | $1,340 | $1,280 |
| 3 Bed Rent | $1,650 | $1,820 |
| 4 Bed Rent | $1,900 | $1,950 |
% 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 3.0% 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 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $298,000 | -10.0% |
Listing Count | 94 | 30.0% |
| Listings as % of Homes | 0.5% | 30.0% |
Days on Market | 48 | 3.0% |
Demographics — Edmond, OK
As of the latest ACS Survey released in 2023, Edmond, OK has a population of 22,600, which has decreased by -6.5% over the past 5 years. Edmond, OK is a moderately popular place for families, as children make up 24.1% of the population. The area has a moderately educated workforce, with 41.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 22,600 | -6.5% |
% Under 18 | 24.1% | -9.7% |
% Seniors | 15.4% | 13.2% |
% WFH | 12.5% | 220.5% |
% w/ College Degree | 41.8% | -2.1% |
As of the latest ACS Survey released in 2023, Edmond, OK is a predominantly white area, with 69.4% of the population identifying as white. The white population has shrunk by 1.0% in the last 5 years. The second most common race or ethnicity in Edmond, OK is black, making up 9.2% of the population. Foreign-born residents account for 8.3% of the population in Edmond, OK, and this percentage has increased by 7.8% 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 | 69.4% | -1.0% |
% Black | 9.2% | 27.8% |
% Hispanic | 8.9% | 9.9% |
% Asian | 3.3% | 10.0% |
% Foreign Born | 8.3% | 7.8% |
Mortgage and Risk — Edmond, OK
According to HUD data as of 2023, there were 187 mortgage originations in Edmond, OK, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in Edmond, OK. Investor activity is low, as 10.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 187 |
% Conventional Loans | 73.0% |
% Government Loans | 27.0% |
% Investor Loans | 10.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Edmond, OK
As of 2024, the percent of homes in Edmond, OK under the Section 8 program is 6.5%. 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 | 245 |
Total Units Section 8 | 245 |
% Rentals under Section 8 | 6.5% |
% Occupied Section 8 | 93.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $90 | $1,160 | $1,250 |
| 2 Bedroom | $200 | $1,340 | $1,540 |
| 3 Bedroom | $410 | $1,650 | $2,060 |
| 4 Bedroom | $340 | $1,900 | $2,240 |
Affordability — Edmond, OK
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $267,000 |
| Median Household Income | $77,000 |