Norman, OK Housing Market
The Norman housing market is somewhat competitive. Homes in Norman receive 4 offers on average and sell in around 22 days. The median sale price of a home in Norman was $285K last month, up 2.2% since last year. The median sale price per square foot in Norman is $162, up 5.9% since last year.
Norman Housing Market Trends
In April 2024, Norman home prices were up 2.2% compared to last year, selling for a median price of $285K. On average, homes in Norman sell after 22 days on the market compared to 16 days last year. There were 147 homes sold in April this year, up from 120 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Norman housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 1% below list price and go pending in around 16 days.
- Hot homescan sell for around list price and go pending in around 4 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 1% below list price and go pending in around 24 days.
- Hot homescan sell for around list price and go pending in around 6 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 1% below list price and go pending in around 18 days.
- Hot homescan sell for about 1% above list price and go pending in around 4 days.
Norman Migration & Relocation Trends
- Across the nation, 0.30% of homebuyers searched to move into Norman from outside metros.
- Los Angeles homebuyers searched to move into Norman more than any other metro followed by Dallas and Miami.
- 82% of Norman homebuyers searched to stay within the Norman metropolitan area.
- Pensacola was the most popular destination among Norman homebuyers followed by McAlester and Destin.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Mar '24 - May '24 | ||
1 | 355 | ||
2 | 307 | ||
3 | 258 | ||
4 | 169 | ||
5 | 115 | ||
6 | 78 | ||
7 | 66 | ||
8 | 57 | ||
9 | 57 | ||
10 | 57 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Mar '24 - May '24 | ||
1 | 17 | ||
2 | 12 | ||
3 | 11 | ||
4 | 11 | ||
5 | 8 | ||
6 | 7 | ||
7 | 6 | ||
8 | 6 | ||
9 | 6 | ||
10 | 6 |
View houses in Norman that sold recently
Recently sold homes
- $110,000 Last Sold Price—beds—baths—sq ft7503 Spring View Dr, Norman, OK 73026(405) 366-7707List Price$110,000Sale to List0% over listDays on Market38 days7503 Spring View Dr, Norman, OK 73026
- $85,000 Last Sold Price3 beds2.5 baths1,392 sq ft401 12th Ave SE #181, Norman, OK 73071(405) 366-9600List Price$99,900Sale to List15% under listDays on Market84 days401 12th Ave SE #181, Norman, OK 73071
- $85,000 Last Sold Price3 beds2.5 baths1,392 sq ft401 12th Ave SE #182, Norman, OK 73071(405) 366-9600List Price$99,900Sale to List15% under listDays on Market84 days401 12th Ave SE #182, Norman, OK 73071
- $190,000 Last Sold Price3 beds2 baths1,428 sq ft375 Triad Village Dr #23, Norman, OK 73071(405) 777-7880List Price$210,000Sale to List10% under listDays on Market50 days375 Triad Village Dr #23, Norman, OK 73071
- $333,000 Last Sold Price3 beds2 baths1,290 sq ft1212 Windsor Way, Norman, OK 73069(405) 821-4061List Price$349,900Sale to List5% under listDays on Market14 days1212 Windsor Way, Norman, OK 73069
- $346,000 Last Sold Price5 beds3 baths5,088 sq ft2142 Melrose Ct #2148, Norman, OK 73069(405) 701-8881List Price$350,000Sale to List1% under listDays on Market38 days2142 Melrose Ct #2148, Norman, OK 73069
- $535,000 Last Sold Price3 beds3 baths2,645 sq ft9700 E Boyd St, Norman, OK 73026(405) 703-4100List Price$535,000Sale to List0% over listDays on Market52 days9700 E Boyd St, Norman, OK 73026
- $365,000 Last Sold Price4 beds2.5 baths1,953 sq ft10700 141st Ave NE, Newalla, OK 74857(405) 703-1333List Price$369,900Sale to List1% under listDays on Market30 days10700 141st Ave NE, Newalla, OK 74857
See all recently sold homes in Norman.
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Schools in Norman
- Elementary
- Middle
- High
GreatSchools Rating
10/10 McKinley Elementary School Public • PreK-5 | 371 Students | 7 reviews |
10/10 Eastlake Elementary School Public • PreK-6 | 408 Students | 4 reviews |
9/10 Timber Creek Elementary School Public • PreK-6 | 604 Students | 1 reviews |
9/10 Robin Hill Public School Public • PreK-8 | 372 Students | 13 reviews |
9/10 Briarwood Elementary School Public • PreK-6 | 518 Students | 6 reviews |
Climate's impact on Norman housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Norman.
Flood Factor - Minor
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Moderate
Wind Factor
Wind likelihood over time
Heat Factor - Major
Heat Factor
Transportation in Norman
Walk Score®
Bike Score®
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