Home prices
The median home in Edmond is valued at $240,600. Compared to nearby areas it is about $20,560 (7%) lower.It is approximately $23,100 (10%) higher compared to the United States as a whole, and compared to the city of Oklahoma City it is roughly $82,100 (51%) higher.
Rents
The median monthly rent in Edmond is $1,047. This is about $31 (2%) lower compared to nearby areas.It is about $15 (1%) lower in comparison to the rest of the country, and compared to the city of Oklahoma City is about $176 (20%) higher.
Nearby places
Arcadia
Arcadia is Edmond's neighbor to the east. Housing prices there are significantly less expensive. The median home cost in Arcadia is $78,300, which comes out to $162,300 (207%) lower than Edmond. Its rents are substantially less expensive. In Arcadia the median rent is $650 per month, which comes out to $397 (61%) lower than Edmond.
Jones
Jones is about 9 miles southeast from Edmond. Its real estate prices are a lot less expensive. The value of the median home in Jones is $132,300, which is $108,300 (81%) lower than Edmond. Rent there is significantly less expensive. In Jones the median rent is $745 per month, which is $302 (40%) lower than Edmond.
The Village
The Village is approximately 9 miles southwest of Edmond. Real estate prices there are a lot less expensive. The price of the median home in The Village is $136,500, which is $104,100 (76%) lower than Edmond. Its rents are a little more expensive. The Village's median monthly rent is $1,182, which comes out to $135 (11%) higher than Edmond.
Nichols Hills
Nichols Hills is about 10 miles southwest from Edmond. The housing prices there are substantially more expensive. The median home in Nichols Hills is valued at $799,900, which comes out to $559,300 (69%) higher than Edmond. Rent there is a lot more expensive. The median monthly rent in Nichols Hills is $1,914, which works out to $867 (45%) higher than Edmond.
Luther
Luther is about 11 miles east of Edmond. Its housing prices are significantly less expensive. The median home in Luther is valued at $158,800, which works out to $81,800 (51%) lower than Edmond. Rents there are a little less expensive. The median rent in Luther is $900 per month, which works out to $147 (16%) lower than Edmond.