Zip 71960 (Norman, AR) Housing

The median value of housing in 71960 Norman, AR is $107,300, much lower than the national median value of $338,100. However, housing in the area has seen a one-year appreciation rate of 19.03%, far exceeding the national rate of 8.27%. This makes it an attractive destination for potential home buyers looking to get more bang for their buck in terms of quality and affordability.

The median home cost in Norman (zip 71960) is $107,300. Home appreciation the last 10 years has been 65.8%. Home Appreciation in Norman (zip 71960) is up 19.0%.

Average Age of Homes

- The median age of Norman (zip 71960) real estate is 41 years old

The Rental Market in Norman (zip 71960)

- Renters make up 21.1% of the Norman (zip 71960) population
- 0.0% of houses and apartments in Norman (zip 71960), 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, Arkansas	United States
	741.0	139,647,020.0
	39	42
	$107,300	$338,100
	19.0%	16.6%
	52.8%	57.0%
	65.8%	101.1%
	$4.28	$10.98
	$538	$2,690
	59.8%	57.4%
	27.3%	11.2%
	13.0%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	4.9%	0.4%
	9.6%	3.6%
	12.8%	4.1%
Value of Owner-Occupied Housing
	3.6%	2.6%
	16.9%	2.4%
	5.4%	2.8%
	12.4%	3.9%
	11.3%	4.5%
	14.7%	11.3%
	25.5%	13.0%
	5.2%	20.1%
	1.8%	13.6%
	0.9%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.2%	2.2%
	0.0%	0.8%
	2.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	9.2%	13.6%
	9.2%	13.6%
	18.5%	13.6%
	25.5%	13.2%
	11.6%	14.8%
	18.5%	13.6%
	1.2%	10.0%
	5.7%	4.7%
	15.5%	12.2%

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