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Featured local agent — Norman, NC
Sarah Mitchell
Compass Real Estate · Norman, NC
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Norman, NC Housing Market & Real Estate
Housing market overview · Updated monthly ·
$235,000median sale price
How is the Norman, NC housing market right now?
The median home sale price in Norman, NC is $235,000. Homes sell in an average of 127 days with 1 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — 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, NC is currently a seller's market, based on 1.0 months of supply and homes selling in about 127 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
127
Average pace
Active listings
1
1.0 months supply
Sale-to-list
97.9%
Below asking
What does the Norman housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $235,000 |
| Average days on market | 127 days |
| Active inventory | 1 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 97.9% |
| Median price per sq ft | $97/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Norman by property type?
How the Norman, NC market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $235,000 | $97/sq ft | 1 | 127 days |
Source: Redfin · Updated monthly
The Norman housing market is currently classified as a seller's market with a median sale price of $235,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 127 days on market, indicating 1.0 months of inventory.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
There are currently 1 homes listed for sale in Norman, North Carolina.
Active listings
1
Homes on market
Avg. days on market
127
Days until sale
Who lives in Norman?
Population
138
Median income
$63,125/yr
Median age
46.1 years
Owner-occupied
32.3%
College grads
23.2%
Avg commute
28 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 46.1 years.The median household income is $63,125, which represents a working-class community with solid middle-income opportunities. 23.2% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 32.3%, showing a blend of owner and renter-occupied properties. The average commute time is 28 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, NC?
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 $235,000, down 0.0% from last year.
How long do homes stay on market in Norman?
Homes typically spend 127 days on market before going under contract.
What is the median income in Norman?
The median household income is $63,125 per year.
Is Norman a buyer's or seller's market?
With 1.0 months of supply, Norman is currently a seller's market.
How much does a single-family home cost in Norman?
The median single-family home price in Norman, NC is $235,000 (about $97 per square foot).
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