Edmond, OK Real Estate Market Update – April 2025

As of April 2025, the Edmond, Oklahoma real estate market continues to show healthy growth, supported by increased inventory and sustained demand. According to data from March 2025, the median listing price is up 6.1% year-over-year at $424,500, while the median sold price rose 3.6% to $372,085. Homes are spending an average of 52 days on the market—slightly longer than last year, indicating a more balanced pace. With over 1,300 active listings and a near 9% month-over-month increase in homes sold, Edmond remains a competitive but slightly cooling seller’s market.

Home Prices by Size and Neighborhood

Price growth varies significantly by home size. One-bedroom homes saw the largest jump with a 23% YoY increase, now averaging $182,000. Larger homes, particularly those with five or more bedrooms, also appreciated by over 9% YoY, with a median price of $640,200. Neighborhoods like Oak Tree Park and Hunters Creek command the highest home values, averaging $537,417 and $527,645 respectively, while more affordable areas like Thomas Trails and Hawks Landing remain attractive options for budget-conscious buyers.

Market Dynamics and Buyer Behavior

The sale-to-list price ratio currently sits at 98.8%, and while 18.6% of homes are still selling above asking, the majority (59%) are closing under list price. Half of the homes are going under contract in under 30 days, showing that well-priced and well-presented homes continue to move quickly. Meanwhile, the rental market remains active, with average rent rising to $1,675/month—up 3.2% from last year.

Looking Ahead: What to Expect in 2025

Looking forward, experts forecast moderate growth for the Edmond housing market, with home values expected to rise by 3–4% over the next year. While elevated mortgage rates near 7% may continue to slow buyer urgency, growing inventory and robust rental demand will help keep the market dynamic and full of opportunity. Whether you're buying, selling, or investing, now is a strategic time to explore your options in Edmond real estate.