The national housing market has seen a shortage of home inventory, which typical drives home prices up. According to recent reports, the greater Edmond region isn’t struggling with inventory and saw an almost 14% jump in home listings in 2018 going into 2019. In fact, Zillow rates the greater Oklahoma City market (that includes Edmond) as “very hot.”
Edmond, Oklahoma residents will enjoy the state’s low tax rates at 0.86% with the average homeowner paying just over $1,075 a year on property taxes. Legislators cap tax increases at 3% each year.
Utilities – Education – and Public Safety
The City of Edmond offers competitive utility rates that are typically lower than the national average. Residents have access to services like electric, gas, water, sewer, and waste disposal that are governed by state and federal regulations.
If you are bringing children to Edmond with you, they will likely be students of the Edmond Public School District. Students continuously test well against state and national averages guided by more than 115 educators throughout the district.
Public safety is a big concern for all of us, so you might be happy to hear that Edmond has a significantly low crime rate. In fact, Edmond is safer than 44% of other cities like it. Residents have a 1 in 582 chance of being a victim of crime.
Contributors to a Strong Real Estate Market in Edmond
Community Features – The community is quickly becoming known for its unique location to Oklahoma City with community features that are pretty tough to beat. Between PGA championship golf courses, the National Cowboy Museum, The Remington Park Horse Racing Track and historic towns like Guthrie nearby; Edmond is an ideal place to call home. If you love outdoor recreation, the city has brag-worth soccer fields, competitive ice skating facilities and Tennis tournaments that attract the best players from all over the world.
If you are looking to buy a home in Edmond, and looking for a qualified inspector, Redbud Inspections would be happy to take you through the process. Please contact us today to learn more about what we do and how we can ensure your Edmond home is an asset to enjoy for years to come.