Norman, OK Housing Market
The Norman housing market is somewhat competitive. Homes in Norman receive 3 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 $160, up 3.6% 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 2% below list price and go pending in around 21 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 2% below list price and go pending in around 29 days.
- Hot homescan sell for around list price and go pending in around 7 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 14 days.
- Hot homescan sell for about 1% above list price and go pending in around 4 days.
Norman Migration & Relocation Trends
- Across the nation, 0.31% 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.
- Anchorage was the most popular destination among Norman homebuyers followed by Destin and New Orleans.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 355 | ||
2 | 319 | ||
3 | 210 | ||
4 | 180 | ||
5 | 132 | ||
6 | 77 | ||
7 | 67 | ||
8 | 62 | ||
9 | 59 | ||
10 | 52 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 12 | ||
2 | 11 | ||
3 | 10 | ||
4 | 10 | ||
5 | 9 | ||
6 | 8 | ||
7 | 7 | ||
8 | 7 | ||
9 | 6 | ||
10 | 5 |
Home offer insights for Norman
Recent offers
- Offer Not Accepted|9 Weeks Ago~$275K OfferSold for $300K3 bd | 2 ba | ~1,750 sqftUnder List Price7%Days on Market27Competing Offers2Down Payment—
- Offer Not Accepted|10 Weeks Ago~$200K OfferSold for $200K3 bd | 2 ba | ~1,500 sqftOver List Price0%Days on Market2Competing Offers8Down Payment—
View houses in Norman that sold recently
Recently sold homes
- $97,000 Last Sold Price3 beds2.5 baths1,200 sq ft1622 Claudia Dr, Norman, OK 73071(405) 366-1111List Price$105,000Sale to List8% under listDays on Market91 days1622 Claudia Dr, Norman, OK 73071
- $193,000 Last Sold Price2 beds1 bath950 sq ft205 S Flood Ave, Norman, OK 73069(405) 843-8188List Price$185,000Sale to List4% over listDays on Market16 days205 S Flood Ave, Norman, OK 73069
- $299,600 Last Sold Price4 beds2 baths1,975 sq ft2416 Tropicana Ave, Norman, OK 73071(405) 703-1333List Price$299,600Sale to List0% over listDays on Market55 days2416 Tropicana Ave, Norman, OK 73071
- $137,200 Last Sold Price3 beds2 baths1,368 sq ft2880 Cupid Ct, Norman, OK 73026(405) 310-9321List Price$135,000Sale to List2% over listDays on Market29 days2880 Cupid Ct, Norman, OK 73026
- $255,000 Last Sold Price3 beds2 baths1,731 sq ft2548 Cypress Ave, Norman, OK 73072(405) 879-2266List Price$262,000Sale to List3% under listDays on Market132 days2548 Cypress Ave, Norman, OK 73072
- $460,000 Last Sold Price3 beds3 baths2,869 sq ft2613 Turnbridge Ct, Norman, OK 73072(405) 397-5444List Price$460,000Sale to List0% over listDays on Market59 days2613 Turnbridge Ct, Norman, OK 73072
- $172,500 Last Sold Price2 beds1 bath953 sq ft731 Iowa St, Norman, OK 73069(888) 560-3964List Price$170,000Sale to List1% over listDays on Market29 days731 Iowa St, Norman, OK 73069
- $385,000 Last Sold Price4 beds2.5 baths2,155 sq ft3121 Langley Dr, Norman, OK 73069(405) 406-6434List Price$389,954Sale to List1% under listDays on Market206 days3121 Langley Dr, Norman, OK 73069
See all recently sold homes in Norman.
See listings
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®
More real estate resources for Norman
New Listings in Norman
Zip Code Housing Markets
Nearby City Housing Markets
Neighborhood Housing Markets
Zip Code Listings
Nearby City Listings
Neighborhood Listings
About us
Find us
Subsidiaries
Copyright: © 2024 Redfin. All rights reserved.
Updated January 2023: By searching, you agree to the Terms of Use, and Privacy Policy.
Do not sell or share my personal information.
REDFIN and all REDFIN variants, TITLE FORWARD, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.
California DRE #01521930
Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures
New Mexico Real Estate Licenses
TREC: Info About Brokerage Services, Consumer Protection Notice
If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.
REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.