The housing market in Edmond, OK is an attractive option for people looking to purchase a home. The median value of a house in Edmond is currently $320,700, which is slightly lower than the US median value of $338,100. Furthermore, the 1 year appreciation of houses in Edmond saw an increase of 11.88%, which is higher than the national average of 8.27%. With these factors combined, this makes Edmond an attractive option for people looking to invest in real estate.
The median home cost in Edmond is $320,700. Home appreciation the last 10 years has been 72.0%. Home Appreciation in Edmond is up 17.4%.
Average Age of Homes
- The median age of Edmond real estate is 28 years old
The Rental Market in Edmond
- Renters make up 28.6% of the Edmond population
- 1.4% of houses and apartments in Edmond, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.