Norman, OK Housing Market & Real Estate

Balanced market-6.6% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Norman, OK is $262,000, down 6.6% year-over-year. Homes sell in an average of 42 days with 363 active listings. The market is currently a balanced market.

$262,000median sale price

Is Norman a buyer's or seller's market?

Balanced market3.3 months of supply42 avg. days on market

Norman, OK is currently a balanced market, based on 3.3 months of supply and homes selling in about 42 days. How we determine this →

Homes sold

109

Last 12 weeks

Days on market

42

Average pace

Active listings

363

3.3 months supply

Sale-to-list

97.5%

Below asking

Norman, OK market data

Current housing market statistics for Norman, OK
MetricValue
Median sale price$262,000
Median list price$265,000
Year-over-year price change-6.6%
Average days on market42 days
Active inventory363 listings
Months of supply3.3 months
Sale-to-list price ratio97.5%
Market conditionBalanced market

Source: Redfin · Updated weekly

The Norman housing market is currently classified as a balanced market with a median sale price of $262,000. Prices have fallen 6.6% compared to last year, with homes spending an average of 42 days on market, indicating 3.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Norman

There are currently 363 homes listed for sale in Norman, Oklahoma. The median listing price is $265K. Featured listings range from $179,000 to $444,340.

3 bedroom house for sale at 17754 Uncle Bill Ln Norman 73026 - $179,000
New listing
29
$179,000

17754 Uncle Bill Ln

Norman, OK 73026

3 bd2 ba1,152 sqft
House2.50 acres

eXp Realty, LLC BO

More about this property
3 bedroom multi-family for sale at 908 E Main St Norman 73071 - $207,000
New listing
20
$207,000

908 E Main St

Norman, OK 73071

3 bd3 ba1,549 sqft
Multi-family12,632 sqft lot
Est. $183KSold 2022 for $150K

Key Realty and Property Mgmt

More about this property
3 bedroom house for sale at 1237 Denison Dr Norman 73069 - $219,000
New listing
49
$219,000

1237 Denison Dr

Norman, OK 73069

3 bd4 ba2,001 sqft
House13,504 sqft lot
Est. $281KSold 2014 for $160K

Dillard Cies Real Estate

More about this property
2 bedroom house for sale at 1106 E Louisiana St Norman 73071 - $229,900
New listing
28
$229,900

1106 E Louisiana St

Norman, OK 73071

2 bd1 ba1,196 sqft
House6,970 sqft lot
Est. $188KSold 1998 for $50K

Keller Williams Realty Mulinix

More about this property
3 bedroom house for sale at 526 Midland Dr Norman 73072 - $277,500
New listing
36
$277,500

526 Midland Dr

Norman, OK 73072

3 bd2 ba1,778 sqft
House11,326 sqft lot
Est. $259KSold 2002 for $135K

Brix Realty

More about this property
3 bedroom house for sale at 2005 Delancey Dr Norman 73071 - $287,000
New listing
38
$287,000

2005 Delancey Dr

Norman, OK 73071

3 bd2 ba1,804 sqft
House7,405 sqft lot
Est. $278KSold 2025 for $278K

Weichert Realtors Centennial

More about this property
4 bedroom house for sale at 425 Summit Hill Rd Norman 73071 - $375,000
New listing
47
$375,000

425 Summit Hill Rd

Norman, OK 73071

4 bd3 ba2,373 sqft
House9,100 sqft lot
Est. $347KSold 2014 for $223K

Keller Williams Realty Elite

More about this property
6 bedroom multi-family for sale at 1811 Wren St Norman 73069 - $380,000
New listing
36
$380,000

1811 Wren St

Norman, OK 73069

6 bd5 ba2,914 sqft
Multi-family11,326 sqft lot

Urban RE LLC

More about this property
3 bedroom house for sale at 8770 Payton Ln Norman 74857 - $429,900
New listing
40
$429,900

8770 Payton Ln

Norman, OK 74857

3 bd3 ba2,246 sqft
House2.00 acres
Est. $369KSold 2007 for $35K

Prestige Real Estate Services

More about this property
4 bedroom house for sale at 3761 Mesa Rd Norman 73071 - $439,891
New listingNew build
40
$439,891

3761 Mesa Rd

Norman, OK 73071

4 bd2 ba2,105 sqft
House
Est. $431K
More about this property
4 bedroom house for sale at 906 Mount Irving Way Norman 73071 - $440,000
New listing
45
$440,000

906 Mount Irving Way

Norman, OK 73071

4 bd3 ba2,341 sqft
House8,333 sqft lot
Est. $440K

Whittington Realty

More about this property
4 bedroom house for sale at 3902 Lleyton Dr Norman 73072 - $444,340
New listingNew build
52
$444,340

3902 Lleyton Dr

Norman, OK 73072

4 bd3 ba2,250 sqft
House
Est. $431KSold 2023 for $4.6M
More about this property

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Active listings

363

Homes on market

Median list price

$265K

Avg. days on market

42

Days until sale

New this week

139

Newly listed

Price drops:24.2%of listings
Sale-to-list:97.5%

Top public schools in Norman

30 schools tracked · 17,553 students

The largest public schools serving Norman, OK by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

NORMAN NORTH HS

Grades 9-12 · 2,369 students

Public

NORMAN HS

Grades 9-12 · 2,132 students

Public

WHITTIER MS

Grades 6-8 · 1,094 students

Public

IRVING MS

Grades 6-8 · 734 students

Public

LONGFELLOW MS

Grades 6-8 · 728 students

Public

ALCOTT MS

Grades 6-8 · 712 students

Public

ROOSEVELT ES

Grades PK-5 · 615 students

Public

EISENHOWER ES

Grades PK-5 · 595 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Explore nearby cities in OK

Frequently asked questions

What is the average home price in Norman?

The median home sale price in Norman is $262,000, down 6.6% from last year.

How long do homes stay on market in Norman?

Homes typically spend 42 days on market before going under contract.

Is Norman a buyer's or seller's market?

With 3.3 months of supply, Norman is currently a balanced market.

How many homes are for sale in Norman?

There are currently 363 homes listed for sale in Norman, OK.

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