Housing in Norman, Oklahoma
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Housing - Updated September, 2011
| Median Home Age | 30.2 | 35.1 |
| Median Home Cost | $144,800 | $175,100 |
| Home Appreciation | -1.75% | -3.15% |
| Homes Owned | 51.75% | 59.90% |
| Housing Vacant | 6.88% | 10.37% |
| Homes Rented | 41.37% | 29.73% |
| Property Tax Rate | $9.13 | $11.20 |
OWNER-OCCUPIED HOUSING UNITS BY VALUE
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| Less Than $20,000 | 1.17% | 2.65% |
| $20,000 to $39,999 | 2.16% | 3.76% |
| $40,000 to $59,999 | 3.87% | 4.99% |
| $60,000 to $79,999 | 7.74% | 6.01% |
| $80,000 to $99,999 | 10.03% | 7.27% |
| $100,000 to $149,999 | 32.02% | 19.24% |
| $150,000 to $199,999 | 18.22% | 14.67% |
| $200,000 to $299,999 | 16.01% | 18.09% |
| $300,000 to $399,999 | 4.79% | 9.14% |
| $400,000 to $499,999 | 1.79% | 4.94% |
| $500,000 to $749,999 | 1.55% | 5.42% |
| $750,000 to $999,999 | 0.26% | 2.03% |
| $1,000,000 or more | 0.37% | 1.77% |
HOUSING UNITS BY YEAR STRUCTURE BUILT
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| 1999 to 2005 | 16.49% | 13.71% |
| 1995 to 1998 | 6.40% | 8.54% |
| 1990 to 1994 | 9.23% | 5.77% |
| 1980 to 1989 | 18.66% | 13.87% |
| 1970 to 1979 | 21.67% | 16.17% |
| 1960 to 1969 | 12.66% | 11.70% |
| 1950 to 1959 | 7.10% | 11.08% |
| 1940 to 1949 | 4.01% | 6.02% |
| 1939 or Earlier | 3.78% | 13.15% |
The median home value in Norman, OK, is $144,800. Home appreciation is -1.75% over the last year. The median age of Norman, OK, real estate is 30 years.
Norman, OK Apartments and Rentals
Renters make up 41.37% of the Norman, OK, population. 6.88% of houses and apartments in Norman, OK, are unoccupied (vacancy rate).
Norman Housing SperlingViews
Norman, Oklahoma: Norman has very affordable housing costs,
and the University of Oklahoma, like many
state universities, is a tremendous bargain.
Other cost of living item are... (read more)Adjusting to a new environment: My self and three children moved to Norman in April, 2009. We chose to move from Illinos to Norman because all of my family lives here and I no longer wanted to be in... (read more)Excellent City: We relocated to the Norman, OK area for employment opportunities at Tinker AFB. We have found Norman to be an ideal city to live and raise a family. Our neighborhood... (read more)Have an opinion about Norman? Leave a commentTo See All SperlingViews for Norman Click Here
