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Norman

Why you'd want to live in Norman

In 1870, the United States Land Office contracted with a professional engineer to survey much of Oklahoma territory. Abner E. Norman, a young surveyor, became chainman of the central survey area in Indian Territory. The surveyor’s crew burned the words “NORMAN’S CAMP” into an elm tree near a watering hole to taunt their younger supervisor. When the “SOONERS” (those who headed west before the official Land Run date, April 22, 1889) and the other settlers arrived in the heart of Oklahoma, they kept the name “NORMAN.” Today, with an estimated 120,866 residents, Norman is the third largest city in the State of Oklahoma. via Norman

Norman Market Report

$372,455

AVERAGE PRICE OF 697 HOMES

$297,500

AVERAGE PRICE OF 2 DISTRESSED HOMES

$2,068,866

AVERAGE PRICE OF 22 MULTI-MILLION DOLLAR HOMES

$454,902

AVERAGE PRICE OF 144 NEWLY BUILT HOMES

$586,243

AVERAGE PRICE OF 49 HOMES WITH A POOL

$351,699

AVERAGE PRICE OF 24 REDUCED PRICE HOMES

Average Home

Average Price $372,455
Avg Bedrooms 2.6 beds
Avg Bathrooms 1.98 baths

Average Price by Bedrooms

1 bedroom $128,212
2 bedrooms $213,046
3 bedrooms $305,599
4 bedrooms $462,476
5 bedrooms $634,952
Norman Home Price Trends
  8/2023 7/2023 6/2023 5/2023 4/2023
Total Listings 662 654 631 616 632
Average Price $373,397 $376,874 $380,153 $371,555 $349,842
Avg Price Change -0.93% -0.87% +2.31% +6.21% -2.94%
Median Price $300,905 $301,821 $302,041 $298,024 $283,875
Med Price Change -0.30% -0.07% +1.35% +4.98% -0.88%
Avg Bedrooms 2.6 beds 2.62 beds 2.55 beds 2.51 beds 2.35 beds
Avg Bathrooms 2 baths 2.04 baths 1.98 baths 1.94 baths 1.85 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Little Axe Hs 49 $87,181 185 days
Moore Hs 21 $625,420 97 days
Noble Hs 21 $290,047 69 days
Norman Hs 283 $342,402 69 days
Norman North Hs 268 $375,645 107 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 697 $372,455 97 days
Distressed Homes 2 $297,500 90 days
Multi-Million Dollar Homes 22 $2,068,866 118 days
Newly Built Homes 144 $454,902 109 days
Homes with a Pool 49 $586,243 71 days
Reduced Price Homes 24 $351,699 79 days

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NextHome Experts Realty
Ruthie Gallardo-Owens
10324 Greenbriar Pl. Suite C
Oklahoma City, OK 73159
405-473-6163
RGO & MO Realty LLC

IDX information is provided exclusively for consumers' personal, non-commercial use. Information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed accurate by the MLS.

Copyright© 2023 MLSOK, Inc. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. The listing information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is copyrighted and may not be transmitted, re-transmitted, copied, framed, re-purposed, or altered in any way for any other site, individual and/or purpose without the express written permission of MLSOK, Inc. Information last updated on September 24, 2023
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