Overview of Edmond Real Estate market

The real estate market in Edmond has experienced notable fluctuations over the past five years.

Over the past five years, the median home prices in Edmond have seen both increases and decreases. As of June 2025, the median sale price of a home in Edmond was approximately $377,000. This represents a 5.3% decrease compared to the previous year. In contrast, the average home value in Edmond was $353,074, reflecting a 0.9% increase over the past year 2.

The Edmond housing market is somewhat competitive. Homes in Edmond typically receive one offer on average and sell in around 28 days. This is a slight increase from the previous year when homes sold in about 19 days. The sale-to-list price ratio has also seen a slight increase, with homes selling for about 99.0% of the list price. It was not that long ago that folks were paying asking price plus bones money to get a home.

The inventory of homes for sale in Edmond has fluctuated over the years. As of June 2025, there were 1,173 homes for sale, with 426 new listings. This indicates a dynamic market with a steady influx of new properties. Several factors have influenced the real estate market in Edmond over the past five years:

Economic Conditions: The overall economic conditions, including employment rates and income levels, have a significant impact on the housing market. Edmond's economy has remained relatively stable, contributing to the steady demand for homes.

Interest Rates: Changes in interest rates have also played a role in market dynamics. Lower interest rates will make mortgages more affordable, encouraging more people to buy homes or transition to a different size house.

Edmond and the state have seen an influx of people moving from other metropolitan areas. For instance, homebuyers from Miami, Dallas, and Los Angeles have shown interest in relocating to Edmond. This migration trend has contributed to the demand for housing in the area. Some say it is because of politics but I think it has more to do with having a winning NBA franchise, the river front and the favorable cost of living gained in a move from California to Oklahoma. If they get the bug to come to Oklahoma, Edmond wins the day with folks.

Edmond is known for its high quality of life, excellent schools, and various amenities.

These factors make it an attractive place to live, further driving the demand for real estate. If you have any doubt, get in your car one afternoon and drive to other places in the metropolitan area and it will be a reminder for you.

The real estate market in Edmond has experienced both growth and challenges over the past five years. While median home prices have seen fluctuations, the market remains competitive with a steady demand for homes. Factors such as economic conditions, interest rates, migration trends, and local amenities continue to influence the market dynamics. As we move forward, it will be essential to monitor these factors to understand their impact on the future of the Edmond real estate market.

What decisions that our city elected officials make will have an impact on our market and the decision voters make at the polls. Our GO bond elections went down in a blaze of glory but if we continue to turn down or not renew funding

sources, our city will start a downhill slide. Once that starts, it takes years to turn around and will affect the value of your home.

If we pursue a no growth attitude, it will damage our city beyond repair. To continue to turn down businesses that want to come to Edmond will turn other businesses away and have them built in Oklahoma City. This just continues the bleed that is already happening in our town. It does not take much of a study in our sales tax declines compared to that of Oklahoma City to see that bleed is taking place at an increasing rate.

If you want to protect the value of your home, drop any no growth attitude my friends or Edmond will be turning the nose of the plane downward.

The more things change… With so many issues floating around us both nationally and internationally, it is easy to throw your hands in the air and wonder why things were never this difficult back in the day. Hold that thought but many of these subjects are just coming around the block again. I see it all the time here in Edmond. I moved to Edmond in 1988 but just going back 25 years it is clear that many of the issues we are dealing with were with us in 2000. It is easy to forget history. I get asked about that around town all the time and I am glad to share. Until a book came out there was not a good history of how that has happened in international concerns.

"Paris 1919: Six Months That Changed the World" by Margaret MacMillan is a detailed account of the Paris Peace Conference held in 1919, following the end of World War I. The book explores how world leaders gathered in Paris to negotiate peace and reshape the political landscape of the post-war world. The primary figures at the conference included U.S. President Woodrow Wilson, British Prime Minister David Lloyd George, and French Premier Georges Clemenceau.

The conference aimed to establish peace treaties and redefine borders, but the negotiations were marked by intense debates and conflicting national interests. Wilson promoted his Fourteen Points, which emphasized self-determination and the establishment of the League of Nations to prevent future conflicts. However, Clemenceau sought to weaken Germany to ensure France's security, while Lloyd George navigated between public opinion and pragmatic desires.

The book highlights the personalities and motivations of these key figures, as well as the challenges they faced in reaching agreements. The negotiations often involved complex issues such as reparations, territorial disputes, and the creation of new countries. The decisions made during the conference had long-lasting impacts, setting the stage for future geopolitical tensions.

MacMillan's narrative provides a comprehensive view of the peacemaking process, shedding light on the ambitions, conflicts, and prejudices of the leaders involved. The book also addresses the criticisms of the peace settlements and argues that the peacemakers have been unfairly blamed for the failures that led to World War II.

Warning: it is a long read and hard to get through but if you are interested in learning more about many mistakes that were made in history and how it affects issues today, you should make the effort.

(Ray Hibbard, publisher of Edmond Life & Leisure, may be reached at ray@edmondpaper.com)