Housing in Norman, NC

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — March 2024

Median Sale Price

$95,000

Median List Price

N/A

Price Per Sq Ft

$98

Days on Market

7

Active Inventory

N/A

Market Competitiveness

Source: Redfin

Sold Above List

100.0%

Sale-to-List Ratio

105.6%

Seller's market

Sold Above Asking
100.0%

Market Activity

Source: Redfin

Homes Sold

1

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$98

Norman vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Norman is highlighted.

Median Home Value

Median Price Per Sq Ft

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$37,500

Median Rent

N/A

Total Housing Units

45

Vacancy Rate

31.1%

Owner Occupied

32.3%

Renter Occupied

67.7%

Median Property Tax

N/A

per year

Monthly Cost (w/ Mortgage)

$317

Housing Types

Single Family
84.4%
Multi-Family
0.0%
Mobile Home
15.6%

The current median sale price in Norman, NC is $95,000 according to Redfin data. Homes spend a median of 7 days on the market. 100.0% of homes sold above asking price. The median price per square foot is $98. About 32.3% of housing units are owner-occupied. The median year homes were built is 1946. There are 45 total housing units.