Norman, OK Real Estate Market

Downtown Norman OK

What are the best neighborhoods in Norman?

The best residential and business districts in and around Norman Oklahoma are University, Old Silk Stocking, and Hall Park. Are you planning to buy or rent a home in Norman Oklahoma? If yes, one of these neighborhoods is a good option for you. 

Norman Housing Facts January 19, 2022
Avg. DOM
Avg. $ / Sq.Ft.
Med. List Price
118 Properties
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The Housing Market in Norman

The median Norman, OK, home price was $225K in early November 2020. This was 6.2% less year-over-year. The per square foot median listing price was $123. The median sale price stood at $200K. 

The homes in Norman, OK, were sold for the asking price in November. 

In November 2020, Norman Ok was a seller's market. This means there are more people looking for suitable homes than the number of good homes available in the market.  

The median days for homes to be on the list are 56 days. The median days for homes to be on the list is flat for the last few months.

Population of Norman Oklahoma

Source by US Census

Living In

Norman Oklahoma

Best way to get around Norman OK?

The city is very car-friendly and is actively working to make the community bike-friendly ass well. Norman isn't convenient for walking so having a car is a must when running errands.

Is Norman, OK bike-friendly?

The city reached a bronze status for bike-friendliness in 2011, with platinum being the highest award. Norman is actively looking to increase its rating by providing a safer environment for cyclists around.

What's it like living in Norman, OK?

Norman is a city in Oklahoma with a population of 122,843 according to the United States Census Bureau. Norman is located in the Cleaveland County and is one of the best places to live in Oklahoma. The city has many restaurants and parks making it very family-friendly.

What's the most popular type of property in Norman, OK?

The majority of homes in Norman are single-family, 2-3 bedroom homes. The median year of when these houses were built is 1987.

Final Thoughts

Norman OK is an important and rapidly growing property market. It has seven neighborhoods and closes to 800 homes ready to be purchased. The most expensive neighborhood is University where a home costs $ 225,000. The prices in other neighborhoods are only marginally lower. In this post, we have tried to bring forth all the important facts about Norman, OK. Don't forget to write a comment and let's know how it helped us America better.


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