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Featured local agent — Norman, NE
Sarah Mitchell
Compass Real Estate · Norman, NE
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Norman, NE Housing Market & Real Estate
Housing market overview · Updated monthly ·
$85,650median sale price
How is the Norman, NE housing market right now?
The median home sale price in Norman, NE is $85,650. Homes sell in an average of 42 days. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of December 2021 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Norman a buyer's or seller's market?
Norman, NE is currently a leaning buyer's and homes selling in about 42 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
42
Average pace
Active listings
—
Sale-to-list
95.3%
Below asking
What does the Norman housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $85,650 |
| Average days on market | 42 days |
| Sale-to-list price ratio | 95.3% |
| Median price per sq ft | $52/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Norman by property type?
How the Norman, NE market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $85,650 | $52/sq ft | 1 | 42 days |
Source: Redfin · Updated monthly
The Norman housing market is currently classified as a leaning buyer's with a median sale price of $85,650. Prices have fallen 0.0% compared to last year, with homes spending an average of 42 days on market.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Norman
Explore homes currently listed for sale in Norman, Nebraska across major real estate platforms.
Who lives in Norman?
Population
41
Median income
$57,500/yr
Median age
47.5 years
Owner-occupied
92.9%
College grads
24.1%
Avg commute
27.1 min
Source: U.S. Census Bureau ACS
What is it like to live in Norman?
Norman is a community of approximately 0K residents with a median age of 47.5 years.The median household income is $57,500, which represents a working-class community with solid middle-income opportunities. 24.1% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 92.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 27.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Norman offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Norman, NE?
Want a head-to-head view? Compare Norman side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Norman?
The median home sale price in Norman is $85,650, down 0.0% from last year.
How long do homes stay on market in Norman?
Homes typically spend 42 days on market before going under contract.
What is the median income in Norman?
The median household income is $57,500 per year.
How much does a single-family home cost in Norman?
The median single-family home price in Norman, NE is $85,650 (about $52 per square foot).
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