Is Edmond, OK a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Edmond is a seller's market


Difference Since November 2022

Since last year, Edmond has remained a Seller's Market.

Key Takeaway

Edmond is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Edmond, OK

How much do homes in Edmond, OK cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since November 2022


Key Takeaway

Homes in Edmond have sold for 2.6% more than they did a year ago.

Summary: The median home sold price in Edmond was $360,265 in November 2023, up 2.6% from last year, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSNov 2022Nov 2023CHANGE
1 $152.5K$148K
2 $183K$206K
3 $275.1K$291.7K
4 $423.9K$430.1K
5+ $635K$589.9K

Summary: Edmond housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes decreased by 3%, 2 bedroom homes increased by 12.6%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes decreased by 7.1%.

Median Sold Price Compared To Nearby Cities

Oklahoma City Northwest
Oklahoma City Northeast

Housing Supply in Edmond, OK

How many homes are available in Edmond, OK?

Number of Homes For Sale

Oct 2023Nov 2023CHANGE

Summary: The Edmond real estate market had 1,063 homes for sale in November 2023, a 4.1% decrease compared to October 2023.

Homes For Sale By Bedroom Count

# BEDSOct 2023Nov 2023CHANGE
1 11
2 3536
3 477456
4 495471
5+ 10099

Summary: The Edmond housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 2.9%, 3 bedroom homes decreased by 4.4%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes decreased by 1%.

Number of Homes Sold

Oct 2023Nov 2023CHANGE

Asking Price vs. Sold Price

100 Homes Were Sold
Under Asking

71 Homes Were Sold
At Asking

27 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Edmond, you may be able to get a good deal. 50.5% of homes here sold below asking price last month.

Summary: A total of 198 homes were sold or pending in Edmond in November 2023, down by 22.7% month-over-month. Of the 198 sold homes, 51% were sold under asking, 36% were sold at asking, and 14% were sold over asking.

Days on Market for Edmond, OK

How long does it take to sell a home in Edmond, OK?

Average Sale Time

Nov 2022Nov 2023CHANGE
22 Days39 Days+75.0%

Summary: Homes in Edmond had an average of 39 days on market in Nov 2023, up by 75% compared to last year.

Breakdown of Home Sale Times

117 Homes Were Sold
Under 30 Days

58 Homes Were Sold
In 30 - 90 Days

23 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Edmond are selling fast, if you're buying plan to act quickly.

Summary: During November 2023, 198 homes were sold in Edmond; 59% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 9 Days Ago

Newest Listings in Edmond, OK

Nearby Markets to Edmond, OK

What housing markets are near Edmond, OK?