Let’s explore some of the finest communities in the Oklahoma City metropolitan area, where luxury living meets urban sophistication and natural splendor.
Edmond, OK
Edmond is renowned for its vibrant arts scene, championship golf courses, and natural attractions. E.C. Hafer Park is a popular destination for outdoor enthusiasts and outdoor recreation. In downtown Edmond, a variety of festivals, charming boutique shops, and inviting eateries create a welcoming atmosphere that appeals to both locals and tourists year-round.
According to Redfin, the real estate market in Edmond is moderately competitive. In May, the median home sale price reached $385,000, with properties typically selling within 20 days. While 32.2% of homes experienced price decreases, 20.5% were sold above the initial asking price.
Norman, OK
Norman’s vibrant cultural attractions and recreational facilities distinguish the city, offering compelling activities for residents and visitors alike. Downtown Norman’s Main Street, lined with an array of shops, restaurants, and brew houses, offers a lively and inviting atmosphere. For art enthusiasts, the Walker Arts District is a hub of creative events and cultural experiences.
In Norman’s real estate market, competition is relatively mild, with a median sale price of approximately $269,000 in May. Redfin reported that 25% of houses were purchased above the asking price, while 33.4% of available homes saw price decreases, reflecting a balanced real estate landscape.
Arcadia, OK
Arcadia, known for its picturesque landscapes and upscale amenities, is a perfect blend of rustic charm and modern elegance. It is home to the iconic historical landmark known as Round Barn, along with Arcadia Lake, which offers an idyllic setting for boating, fishing, and serene walks. Downtown Arcadia offers farm-to-table eateries, quaint art galleries, eclectic boutiques, and a weekly farmers market.
The real estate market in Arcadia is steadily growing, with the town’s charming rural atmosphere and proximity to Oklahoma City being key selling points. According to May data from Redfin, the median home sale price was $524,000 at the time, and homes typically spent about 53 days on the market before going under contract. However, sought-after properties typically went pending in approximately 15 days.
Nichols Hills, OK
Designed as an upscale community, Nichols Hills exudes sophistication. It has numerous parks, high-end amenities, and a strong emphasis on family activities. Members of the esteemed Oklahoma City Golf & Country Club enjoy access to pristine golf courses, tennis courts, a state-of-the-art fitness center, a resort-style pool, and other luxurious offerings.
Redfin reported that Nichols Hills’s real estate market was not very competitive in May. The median sale price was nearly $2 million, reflecting a 30.4% year-over-year increase. The number of properties sold above the asking rate remained flat, whereas 12% of homes witnessed price drops. The average home entered pending status in about 57 days, and popular homes were sold in approximately 8 days.
