Norman Market Report
$367,525
AVERAGE PRICE OF 619 HOMES$320,000
AVERAGE PRICE OF 2 DISTRESSED HOMES$1,632,500
AVERAGE PRICE OF 23 MULTI-MILLION DOLLAR HOMES$419,402
AVERAGE PRICE OF 139 NEWLY BUILT HOMES$659,390
AVERAGE PRICE OF 51 HOMES WITH A POOL$277,454
AVERAGE PRICE OF 16 REDUCED PRICE HOMESAverage Home
| Average Price | $367,525 |
| Avg Bedrooms | 1.98 beds |
| Avg Bathrooms | 1.45 baths |
Average Price by Bedrooms
| 1 bedroom | $125,200 |
| 2 bedrooms | $171,760 |
| 3 bedrooms | $231,070 |
| 4 bedrooms | $489,170 |
| 5 bedrooms | $650,040 |
Norman Home Price Trends
| 11/2023 | 10/2023 | 9/2023 | 8/2023 | 7/2023 | |
|---|---|---|---|---|---|
| Total Listings | 643 | 675 | 693 | 665 | 658 |
| Average Price | $359,569 | $371,354 | $373,767 | $374,177 | $377,718 |
| Avg Price Change | -3.28% | -0.65% | -0.11% | -0.95% | -0.87% |
| Median Price | $301,568 | $302,367 | $302,189 | $301,798 | $302,816 |
| Med Price Change | -0.26% | +0.06% | +0.13% | -0.34% | -0.19% |
| Avg Bedrooms | 2.05 beds | 2.02 beds | 2.05 beds | 2.3 beds | 2.91 beds |
| Avg Bathrooms | 1.6 baths | 1.59 baths | 1.61 baths | 1.83 baths | 2.22 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Little Axe Hs | 45 | $83,177 | 247 days |
| Moore | 1 | $145,000 | 528 days |
| Noble Hs | 15 | $364,386 | 106 days |
| Norman Hs | 242 | $357,439 | 95 days |
| Norman North Hs | 242 | $361,770 | 128 days |
| Washington Hs | 20 | $414,059 | 121 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 619 | $367,525 | 220 days |
| Distressed Homes | 2 | $320,000 | 56 days |
| Multi-Million Dollar Homes | 23 | $1,632,500 | 147 days |
| Newly Built Homes | 139 | $419,402 | 118 days |
| Homes with a Pool | 51 | $659,390 | 79 days |
| Reduced Price Homes | 16 | $277,454 | 45 days |
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