Why Live in Swan Lake
Swan Lake in Edmond features sidewalk-lined streets with a variety of warm, earth-toned homes, each boasting unique design elements like stone facades, diamond and octagon-shaped windows, and farmhouse-style shutters. The neighborhood, developed in the 1980s, is known for its well-maintained properties, including some duplexes. First-time homebuyers are attracted to the area for its cost-effective homes, many of which have been updated or remodeled. Chitwood Park, just a mile away, offers a spaceship-themed playground, basketball courts, and a quarter-mile paved trail, while Mitch Park, 3 miles away, features an expansive trail system, a playground, and a disc golf course. For those interested in local history, the ruins of Gandini’s Circus provide an intriguing exploration site. The neighborhood is conveniently located less than a mile from grocery stores like Aldi and dining options such as Yolkizz Café and The Baked Bear. Downtown Edmond, with its variety of restaurants and the Edmond Railyard food hall, is less than 2 miles away. Commuters can easily access downtown Oklahoma City, 15 miles south, via U.S. Route 77 and Interstate 235. The Edmond Public Schools District, ranked third-best in Oklahoma, serves the area with highly rated schools like Cheyenne Middle School and Edmond North High School.
Frequently Asked Questions
Is Swan Lake a good place to live?
Swan Lake is a good place to live. Swan Lake is considered car-dependent and somewhat bikeable. Swan Lake is a suburban neighborhood. Swan Lake has 8 parks for recreational activities. It is fairly sparse in population with 4.0 people per acre and a median age of 36. The average household income is $87,685 which is below the national average. College graduates make up 39.9% of residents. A majority of residents in Swan Lake are home owners, with 37.7% of residents renting and 62.3% of residents owning their home. A
local real estate agent serving Swan Lake can help you decide if this neighborhood is the right one for you. Learn more on our
Swan Lake neighborhood guide.
How much do you need to make to afford a house in Swan Lake?
The median home price in Swan Lake is $220,000. If you put a 20% down payment of $44,000 and had a 30-year fixed mortgage with an interest rate of 6.56%, your estimated principal and interest payment would be $1,120 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $48K a year to afford the median home price in Swan Lake. The average household income in Swan Lake is $88K.
What are the best public schools in Swan Lake?
The best public schools that serve Swan Lake are:
What are the best private schools in Swan Lake?
The best private schools that serve Swan Lake are:
What are the most popular zip codes in Swan Lake, Edmond, OK?
What are the most popular neighborhoods near Swan Lake, Edmond, OK?
Home Trends in Swan Lake, OK
On average, homes in Swan Lake, Edmond sell after 92 days on the market compared to the national average of 52 days. The median sale price for homes in Swan Lake, Edmond over the last 12 months is $200,000, up 17% from the median home sale price over the previous 12 months.
Median Sale Price
$200,000
Median Single Family Sale Price
$215,000
Median Townhouse Sale Price
$169,900
Average Price Per Sq Ft
$151
Number of Homes for Sale
5
Last 12 months Home Sales
3
Median List Price
$220,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
17%