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Norman

Why you'd want to live in Norman

"Norman is no longer a best kept secret- the word is out! Norman’s strong sense of community, its high quality of life and affordability, and its appreciation for diversity, the arts and culture have earned us this ranking. This honor recognizes not only the quality leadership and vision of the University of Oklahoma, our city, our public schools, the health care system, the business and non profit sectors, but most importantly our citizens. Such recognitions do not happen by chance, but instead by working together to build community. The balance we strike as a growing city and the values we place on being a welcoming and engaged community will continue to serve us well in the future" said Mayor Cindy Rosenthal via normanok.gov

Norman Market Report

$340,861

AVERAGE PRICE OF 598 HOMES

$243,600

AVERAGE PRICE OF 2 DISTRESSED HOMES

$1,715,438

AVERAGE PRICE OF 16 MULTI-MILLION DOLLAR HOMES

$429,978

AVERAGE PRICE OF 134 NEWLY BUILT HOMES

$621,027

AVERAGE PRICE OF 49 HOMES WITH A POOL

$417,411

AVERAGE PRICE OF 20 REDUCED PRICE HOMES

Average Home

Average Price $340,861
Avg Bedrooms 2.43 beds
Avg Bathrooms 1.87 baths

Average Price by Bedrooms

1 bedroom $144,290
2 bedrooms $171,437
3 bedrooms $302,660
4 bedrooms $486,000
5 bedrooms $664,961
Norman Home Price Trends
  1/2023 12/2022 11/2022 10/2022 9/2022
Total Listings 538 599 660 698 n/a
Average Price $364,634 $341,314 $335,365 $334,282 n/a
Avg Price Change +6.83% +1.77% +0.32% n/a n/a
Median Price $297,637 $274,977 $272,546 $269,627 n/a
Med Price Change +8.24% +0.89% +1.08% n/a n/a
Avg Bedrooms 2.57 beds 2.35 beds 2.39 beds 2.41 beds n/a
Avg Bathrooms 1.98 baths 1.82 baths 1.84 baths 1.86 baths n/a
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Little Axe Hs 18 $128,211 90 days
Moore Hs 7 $316,785 79 days
Noble Hs 17 $208,184 62 days
Norman Hs 271 $313,355 52 days
Norman North Hs 244 $344,584 71 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 598 $340,861 63 days
Distressed Homes 2 $243,600 47 days
Multi-Million Dollar Homes 16 $1,715,438 92 days
Newly Built Homes 134 $429,978 75 days
Homes with a Pool 49 $621,027 68 days
Reduced Price Homes 20 $417,411 66 days

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NextHome Experts Realty | Oklahoma Real Estate Experts
Ruthie Gallardo-Owens
10324 Greenbriar Place Suite C
Oklahoma City, OK 73159
405-473-6163

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 February 7, 2023
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