The housing market in Norman, OK (zip code 73069) is thriving. The median value of housing in the area is $194,700 which is significantly lower than the national median of $338,100. In the past year there has been an 8.27% increase in the national house appreciation rate, while Norman has seen a 11.89% increase in house appreciation rate - indicating that the housing market is growing at an even faster rate in this area compared to other parts of the country. This trend continues to make Norman a great place to live and own real estate.
The median home cost in Norman (zip 73069) is $194,700. Home appreciation the last 10 years has been 72.0%. Home Appreciation in Norman (zip 73069) is up 17.4%.
Average Age of Homes
- The median age of Norman (zip 73069) real estate is 50 years old
The Rental Market in Norman (zip 73069)
- Renters make up 41.7% of the Norman (zip 73069) population
- 2.8% of houses and apartments in Norman (zip 73069), 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.