Mortgage payment estimates, closing cost breakdowns, and homebuying data for Edmond, Oklahoma.
Pre-filled with Edmond median home price and Oklahoma tax/insurance rates. Adjust for your property.
Estimated closing costs based on Oklahoma rates and fees applied to Edmond prices.
The median home price in Edmond is $315,000, 50% above the Oklahoma state median of $210,000. With a population of 99,350, Edmond is a smaller market where home prices reflect strong demand and local economic factors.
Property taxes in Oklahoma average 0.88% annually. This moderate property tax rate means a $315,000 home in Edmond would carry roughly $231/month in property taxes. Homeowners insurance in Oklahoma runs approximately $3,600 per year. Insurance costs are notably high — factor this into your monthly budget.
Average rent in Edmond is $1,350/month. The price-to-rent ratio in Edmond is moderate, meaning the buy-vs-rent decision depends heavily on how long you plan to stay.
Edmond presents moderate affordability. The $315K median puts homeownership within reach for median-income households, though down payment savings and closing costs require planning.