New Listing
29
$179,000
17754 Uncle Bill Ln
Norman, OK 73026
3 bd2 ba1,152 sqft$155/ft²
House2.50 acres
eXp Realty, LLC BO
View photos & details
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Sarah Mitchell
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Compass Real Estate · Norman, OK
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
Norman, OK(512) 555-0184TX License #0512847
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Norman, OK Housing Market & Real Estate
Seller's market+2.7% YoY
Housing market overview · Updated monthly ·
$287,450median sale price
How is the Norman, OK housing market right now?
The median home sale price in Norman, OK is $287,450, up 2.7% year-over-year. Homes sell in an average of 26 days with 398 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?
Seller's market2.3 months of supply26 avg. days on market
Norman, OK is currently a seller's market, based on 2.3 months of supply and homes selling in about 26 days. How we determine this →
Homes sold
176
Last 12 weeks
Days on market
26
Average pace
Active listings
398
2.3 months supply
Sale-to-list
98.5%
Below asking
What does the Norman housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $287,450 |
| Median list price | $289,900 |
| Year-over-year price change | +2.7% |
| Average days on market | 26 days |
| Active inventory | 398 listings |
| Months of supply | 2.3 months |
| Sale-to-list price ratio | 98.5% |
| Median price per sq ft | $168/sq ft |
| Homes sold (latest month) | 176 |
| New listings (latest month) | 221 |
| Listings with a price cut | 29.9% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Norman by property type?
How the Norman, OK market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $295,000 | $170/sq ft | 165 | 26 days |
| Condo / Co-op | $120,000 | $134/sq ft | 7 | 37 days |
| Townhouse | $105,000 | $88/sq ft | 1 | 11 days |
Source: Redfin · Updated monthly
The Norman housing market is currently classified as a seller's market with a median sale price of $287,450. Prices have risen 2.7% compared to last year, with homes spending an average of 26 days on market, indicating 2.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.1x provides context for how home values compare to local earning capacity.
Homes for sale in Norman
There are currently 398 homes listed for sale in Norman, Oklahoma. The median listing price is $290K. Featured listings range from $179,000 to $444,340.
New Listing
20
$207,000
908 E Main St
Norman, OK 73071
3 bd3 ba1,549 sqft$134/ft²
Multi-family12,632 sqft lot
Key Realty and Property Mgmt
View photos & details
New Listing
49
$219,000
1237 Denison Dr
Norman, OK 73069
3 bd4 ba2,001 sqft$109/ft²
House13,504 sqft lot
Dillard Cies Real Estate
View photos & details
New Listing
28
$229,900
1106 E Louisiana St
Norman, OK 73071
2 bd1 ba1,196 sqft$192/ft²
House6,970 sqft lot
Keller Williams Realty Mulinix
View photos & details
New Listing
36
$277,500
526 Midland Dr
Norman, OK 73072
3 bd2 ba1,778 sqft$156/ft²
House11,326 sqft lot
Brix Realty
View photos & details
New Listing
38
$287,000
2005 Delancey Dr
Norman, OK 73071
3 bd2 ba1,804 sqft$159/ft²
House7,405 sqft lot
Weichert Realtors Centennial
View photos & details
New Listing
47
$375,000
425 Summit Hill Rd
Norman, OK 73071
4 bd3 ba2,373 sqft$158/ft²
House9,100 sqft lot
Keller Williams Realty Elite
View photos & details
New Listing
36
$380,000
1811 Wren St
Norman, OK 73069
6 bd5 ba2,914 sqft$130/ft²
Multi-family11,326 sqft lot
Urban RE LLC
View photos & details
New Listing
40
$429,900
8770 Payton Ln
Norman, OK 74857
3 bd3 ba2,246 sqft$191/ft²
House2.00 acres
Prestige Real Estate Services
View photos & details
New Build
40
$439,891
3761 Mesa Rd
Norman, OK 73071
4 bd2 ba2,105 sqft$209/ft²
House
View photos & details
New Listing
45
$440,000
906 Mount Irving Way
Norman, OK 73071
4 bd3 ba2,341 sqft$188/ft²
House8,333 sqft lot
Whittington Realty
View photos & details
New Build
52
$444,340
3902 Lleyton Dr
Norman, OK 73072
4 bd3 ba2,250 sqft$197/ft²
House
View photos & details
Looking to buy in Norman?
Get connected with a local real estate expert — free, no obligation.
Active listings
398
Homes on market
Median list price
$290K
Avg. days on market
26
Days until sale
New this week
221
Newly listed
Price drops:29.9%of listings
Sale-to-list:98.5%
Who lives in Norman?
Population
128,714
Median income
$65,060/yr
Median age
31.6 years
Owner-occupied
52.7%
College grads
46.2%
Avg commute
22.2 min
Source: U.S. Census Bureau ACS
What are homes worth in Norman?
Zillow home value
$265,751
Zillow rent index
$1,383/mo
Price-to-rent ratio
16.0x
Price-to-income
4.1x
Source: Zillow Research
What is it like to live in Norman?
Norman is a community of approximately 129K residents with a median age of 31.6 years.The median household income is $65,060, which represents a working-class community with solid middle-income opportunities. 46.2% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 52.7%, showing a blend of owner and renter-occupied properties. The average commute time is 22.2 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 public schools serve 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
NORMAN HS
Grades 9-12 · 2,132 students
WHITTIER MS
Grades 6-8 · 1,094 students
IRVING MS
Grades 6-8 · 734 students
LONGFELLOW MS
Grades 6-8 · 728 students
ALCOTT MS
Grades 6-8 · 712 students
ROOSEVELT ES
Grades PK-5 · 615 students
EISENHOWER ES
Grades PK-5 · 595 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Norman, OK?
Want a head-to-head view? Compare Norman side-by-side with any other U.S. city using our market-comparison tool.
Which ZIP codes are in Norman?
Is Norman a good real estate investment market?
For investors evaluating Norman, the price-to-rent ratio of 16.0x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 2.7% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Norman's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Norman's median home price.
Frequently asked questions
What is the average home price in Norman?
The median home sale price in Norman is $287,450, up 2.7% from last year.
How long do homes stay on market in Norman?
Homes typically spend 26 days on market before going under contract.
What is the median income in Norman?
The median household income is $65,060 per year.
Is Norman a buyer's or seller's market?
With 2.3 months of supply, Norman is currently a seller's market.
How many homes are for sale in Norman?
There are currently 398 homes listed for sale in Norman, OK.
What is the Zillow home value estimate for Norman?
The Zillow Home Value Index (ZHVI) for Norman is $265,751, representing the typical home value in the area.
What is the median condo price in Norman?
The median condo/co-op sale price in Norman, OK is $120,000, compared to $295,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Norman?
The median single-family home price in Norman, OK is $295,000 (about $170 per square foot).
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