Housing in Norman, OK
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$250,000
Median List Price
$287,000
Price Per Sq Ft
$153
Days on Market
35
Active Inventory
395
Months of Supply
4.6
Balanced market
Zillow Home Value
$256,571
ZHVI — January 2026
Zillow Rent Index
$1,317
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
7.0%
Off Market in 2 Weeks
29.5%
Sale-to-List Ratio
95.9%
Buyer's market
Market Activity
Source: RedfinHomes Sold
86
New Listings
142
Pending Sales
129
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$153
Median List $/SF
$169
Norman vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 100,000 - 250,000 residents. Norman is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$239,300
Median Rent
$1,064
Total Housing Units
55,616
Vacancy Rate
7.4%
Owner Occupied
52.7%
Renter Occupied
47.3%
Median Property Tax
$2,432
per year
Monthly Cost (w/ Mortgage)
$1,244
Housing Types
The current median sale price in Norman, OK is $250,000 according to Redfin data. Homes spend a median of 35 days on the market. 7.0% of homes sold above asking price. The market has 4.6 months of supply. The median price per square foot is $153. Zillow's observed rent index is $1,317/month. About 52.7% of housing units are owner-occupied. The median year homes were built is 1988. There are 55,616 total housing units.