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NORMAN, OK 73071

Real Estate Market Report  ·  Cleveland County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
202
⇧ 20.2% vs 168 last year
Pending
51
25% pending ratio
Median Price
$299,990
⇧ 0.9% vs $297,375 last year
Average Price
$339,431
⇧ 2.9% vs $329,735 last year
Days on Market
69
⇩ 14.8% vs 81 days last year

Market Context

Population: 43,027  ·  Density: 712.4/mi²  ·  Median household income: $57,428

Typical home value: $187,531  ·  Homeownership: 47.7%

Market Analysis

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

The NORMAN, OK real estate market (73071) currently shows 202 active listings, with 51 pending sales. Homes are averaging 69 days on the market before going under contract.

Inventory has increased compared to last year, with 34 more homes available — giving buyers more choice.

Homes are selling faster, averaging 69 days on market compared to 81 days last year.

The median listing price has risen 0.9% year-over-year, from $297,375 to $299,990.

Whether you are buying or selling in NORMAN, OK, 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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 202 this year vs 168 last year
  • Days on market: 69 now vs 81 last year

Median & Average Pricing

Year over Year
  • Median: $299,990 (+0.9% YoY)
  • Average: $339,431 (+2.9% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 16.4 miles — 1,415 listings ($498,240,049 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
73071Norman, OK 730710.0 mi202$68,565,062$299,990$339,431
73072Norman, OK 730725.5 mi190$100,591,130$439,945$529,427
73160Oklahoma City, OK 731607.7 mi243$70,758,684$265,000$291,188
73170Oklahoma City, OK 731709.9 mi195$79,433,250$370,500$407,350
73093Washington, OK 7309310.4 mi35$23,482,655$347,500$670,933
73065Newcastle, OK 7306511.3 mi158$67,385,262$327,375$426,489
73139Oklahoma City, OK 7313912.0 mi44$9,756,868$190,000$221,747
73159Oklahoma City, OK 7315913.9 mi79$16,112,603$199,000$203,957
73129Oklahoma City, OK 7312914.0 mi43$7,458,780$162,000$173,460
73115Oklahoma City, OK 7311514.3 mi88$14,765,432$153,625$167,789
73109Oklahoma City, OK 7310914.9 mi39$10,366,356$169,950$265,804
73130Oklahoma City, OK 7313015.8 mi83$22,247,071$275,000$268,037
73169Oklahoma City, OK 7316916.4 mi16$7,316,896$522,800$457,306

Frequently Asked Questions

How many homes are for sale in NORMAN, OK 73071?

As of January 2026, there are 202 active listings in NORMAN, OK (zip code 73071), compared to 168 the prior year.

What is the median home price in NORMAN, OK 73071?

The median listing price in NORMAN, OK 73071 is $299,990 as of January 2026, a 0.9% increase from $297,375 the prior year.

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

Homes in NORMAN, OK 73071 spend an average of 69 days on the market before going under contract, compared to 81 days the prior year.

Is it a seller's or buyer's market in NORMAN, OK 73071?

Based on current inventory and days-on-market data as of January 2026, NORMAN, OK 73071 is currently a Balanced Market. Inventory has increased compared to last year, with 34 more homes available — giving buyers more choice. Homes are selling faster, averaging 69 days on market compared to 81 days last year.

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

With SELL123.com's maximum 3% commission, sellers in NORMAN, OK 73071 save an estimated $6,000 compared to a typical 5% commission on the median listing price of $299,990. 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.