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Edmond, OK Condo for Sale

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    $190,000

    • 2 Beds
    • 1.5 Baths
    • 1,183 Sq Ft

    1225 Sequoyah Place, Edmond, OK 73003

    3.75% STARTING RATE! Why settle for market rates when you can own a brand-new home with a Year 1 rate of just 3.75%? The builder with our preferred lender is offering a massive incentive package to make this your most affordable move yet. Through a unique "Two-Step" buy-down program, we first lower your permanent base rate, then apply a 2-1 buy-down. • Year 1 Rate: 3.75% • Year 2 Rate: 4.75% •

    Janice Foust LIME Realty

    1225 Sequoyah Place, Edmond, OK 73003

Why Live in Edmond

Edmond's extensive park system includes Hafer Park with its expansive playground and walking trails, plus Mitch Park offering disc golf and a skate park. The University of Central Oklahoma campus brings cultural events and youthful energy to the community. Downtown Edmond features local boutiques, art galleries, and a seasonal farmers market, while the Armstrong Auditorium hosts professional performing arts productions. Residents enjoy water activities at Arcadia Lake and Pelican Bay Aquatic Center, along with dining at upscale venues like Boulevard Steakhouse and Cafe 501's European-inspired cuisine.

The housing market offers options across price points. The median sale price for homes in Edmond is $380,400, with single family homes at $398,900, townhomes at $285,000, and two bedroom condos at $206,300. Coffee Creek and Deer Creek Coffee Creek command higher median single family home prices at $599,900 and $656,900 respectively. More affordable neighborhoods include Downtown Edmond with a median single family home price of $207,300 and Santa Fe at $243,000.

Edmond maintains a cost of living 10% below the national average. A family with school age children needs approximately $95,000 annually to live comfortably, while renters should aim for $47,000. The property tax rate is 0.98%, with a combined sales tax rate of 9%. The city offers strong educational options, including Memorial High School and Santa Fe High School, both rated A by Niche. Private schools like Mercy School Institute earned an A+ rating. Commuters benefit from Citylink public transit and easy access to Oklahoma City, experiencing 236 sunny days per year in this family oriented community.

Home Trends in Edmond, OK

Housing Trends

Median Sale Price
$357,840
Median Single Family Sale Price
$380,000
Median Townhouse Sale Price
$250,000
Median 2 Bedroom Sale Price
$190,000
Average Price Per Sq Ft
$184
Number of Homes for Sale
1,168
Last 12 months Home Sales
3,488
Months of Supply
4.00
Median List Price
$384,340
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-2%
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