Zip 73071 (Norman, OK) Housing

In Norman, OK (zip code 73071), the median value of housing is $190,400. This is much lower than the US median housing value of $338,100. However, the appreciation rate for housing in Norman has been higher than the national rate over the past year: 11.89% compared to 8.27%. This suggests that the market for housing in Norman is strong and that it may be a good place to invest in real estate.

The median home cost in Norman (zip 73071) is $190,400. Home appreciation the last 10 years has been 72.0%. Home Appreciation in Norman (zip 73071) is up 17.4%.

Average Age of Homes

- The median age of Norman (zip 73071) real estate is 30 years old

The Rental Market in Norman (zip 73071)

- Renters make up 46.1% of the Norman (zip 73071) population
- 3.9% of houses and apartments in Norman (zip 73071), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Norman, Oklahoma	United States
	19,023.0	139,647,020.0
	30	42
	$190,400	$338,100
	17.4%	16.6%
	47.7%	57.0%
	72.0%	101.1%
	$11.13	$10.98
	$1,877	$2,690
	43.8%	57.4%
	6.8%	11.2%
	49.4%	31.4%
Vacant Housing
	3.9%	1.9%
	0.0%	0.4%
	0.9%	0.7%
	0.0%	0.4%
	0.4%	3.6%
	1.6%	4.1%
Value of Owner-Occupied Housing
	1.2%	2.6%
	0.7%	2.4%
	0.4%	2.8%
	2.2%	3.9%
	4.3%	4.5%
	28.0%	11.3%
	27.3%	13.0%
	22.8%	20.1%
	6.2%	13.6%
	4.0%	8.3%
	2.1%	9.7%
	0.5%	3.9%
	0.0%	2.2%
	0.1%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.3%	0.2%
	23.8%	13.6%
	23.8%	13.6%
	13.0%	13.6%
	13.9%	13.2%
	19.2%	14.8%
	13.0%	13.6%
	3.1%	10.0%
	2.0%	4.7%
	2.1%	12.2%

Reviews for Norman

See all (0)

Write a Review

Start Your Review of Norman

Commute

The premier source for comprehensive city data for over 30 years.

��