Zip 73072 (Norman, OK) Housing

The housing market in 73072 Norman, OK is in a healthy state. The median value of homes in the area is $283,800, which is lower than the US House Median Value of $338,100. Despite this difference, house appreciation within the last year in 73072 Norman, OK has been 11.89%, which is much higher than the US House Appreciation of 8.27%. This suggests that there are good opportunities for homeowners and buyers alike in 73072 Norman, OK.

The median home cost in Norman (zip 73072) is $283,800. Home appreciation the last 10 years has been 72.0%. Home Appreciation in Norman (zip 73072) is up 17.4%.

Average Age of Homes

- The median age of Norman (zip 73072) real estate is 26 years old

The Rental Market in Norman (zip 73072)

- Renters make up 36.2% of the Norman (zip 73072) population
- 4.3% of houses and apartments in Norman (zip 73072), 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
	20,404.0	139,647,020.0
	30	42
	$283,800	$338,100
	17.4%	16.6%
	47.7%	57.0%
	72.0%	101.1%
	$11.10	$10.98
	$2,674	$2,690
	51.1%	57.4%
	7.8%	11.2%
	41.1%	31.4%
Vacant Housing
	4.3%	1.9%
	0.9%	0.4%
	0.1%	0.7%
	0.0%	0.4%
	0.9%	3.6%
	1.6%	4.1%
Value of Owner-Occupied Housing
	3.4%	2.6%
	0.3%	2.4%
	0.2%	2.8%
	0.9%	3.9%
	1.6%	4.5%
	9.6%	11.3%
	20.4%	13.0%
	30.5%	20.1%
	19.1%	13.6%
	4.9%	8.3%
	5.8%	9.7%
	2.0%	3.9%
	0.9%	2.2%
	0.0%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	19.0%	13.6%
	19.0%	13.6%
	18.5%	13.6%
	21.4%	13.2%
	13.4%	14.8%
	18.5%	13.6%
	3.5%	10.0%
	1.2%	4.7%
	0.5%	12.2%