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NORMAN, IN 47264

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The NORMAN, IN real estate market (47264) currently shows 2 active listings, with 1 pending sales. Homes are averaging 17 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are selling faster, averaging 17 days on market compared to 19 days last year.

The median listing price has risen 29.6% year-over-year, from $254,725 to $330,000.

Whether you are buying or selling in NORMAN, IN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 1,317  ·  Density: 5.7/mi²  ·  Median household income: $66,094

Typical home value: $0  ·  Homeownership: 79.2%

Market Overview

Active Listings
2
vs 2 last year
Pending
1
50% pending ratio
Median Price
$330,000
⇧ 29.6% vs $254,725 last year
Average Price
$330,000
⇧ 29.6% vs $254,725 last year
Days on Market
17
⇩ 10.5% vs 19 days last year

Price Per Square Foot

Median $/sqft
$203
⇧ 27.7% vs $159/sqft last year
Median Home Size
1,600 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 17 now vs 19 last year

Median & Average Pricing

Year over Year
  • Median: $330,000 (+29.6% YoY)
  • Average: $330,000 (+29.6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 24.9 miles — 658 listings ($282,403,650 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
47264Norman, IN 472640.0 mi1$335,000$335,000$335,000
47235Freetown, IN 472357.4 mi2$869,500$434,750$434,750
47421Bedford, IN 4742112.3 mi120$37,621,200$254,900$313,510
47401Bloomington, IN 4740113.1 mi194$104,939,256$420,500$540,924
47451Oolitic, IN 4745115.0 mi5$1,024,750$204,950$204,950
47434Harrodsburg, IN 4743415.5 mi1$132,500$132,500$132,500
47201Columbus, IN 4720119.3 mi160$59,398,080$273,150$371,238
47462Springville, IN 4746220.7 mi9$4,206,906$532,363$467,434
47408Bloomington, IN 4740821.2 mi54$31,289,220$465,550$579,430
47108Campbellsburg, IN 4710822.0 mi5$1,449,550$300,000$289,910
47470Williams, IN 4747023.1 mi1$849,900$849,900$849,900
47229Crothersville, IN 4722924.1 mi18$3,656,556$193,650$203,142
47404Bloomington, IN 4740424.9 mi88$36,631,232$350,000$416,264

Frequently Asked Questions

How many homes are for sale in NORMAN, IN 47264?

As of March 2026, there are 2 active listings in NORMAN, IN (zip code 47264), compared to 2 the prior year.

What is the median home price in NORMAN, IN 47264?

The median listing price in NORMAN, IN 47264 is $330,000 as of March 2026, a 29.6% increase from $254,725 the prior year.

How long do homes stay on the market in NORMAN, IN?

Homes in NORMAN, IN 47264 spend an average of 17 days on the market before going under contract, compared to 19 days the prior year.

Is it a seller's or buyer's market in NORMAN, IN 47264?

Based on current inventory and days-on-market data as of March 2026, NORMAN, IN 47264 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 17 days on market compared to 19 days last year.

How much can I save on real estate commission in NORMAN, IN?

With SELL123.com's maximum 3% commission, sellers in NORMAN, IN 47264 save an estimated $6,600 compared to a typical 5% commission on the median listing price of $330,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.