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NORMAN, OK 73071

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

Market Analysis

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

The NORMAN, OK real estate market (73071) currently shows 192 active listings, with 36 pending sales. Homes are averaging 52 days on the market before going under contract.

Inventory has tightened compared to last year, with 46 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 52 days on market compared to 47 days last year.

The median listing price has risen 1.6% year-over-year, from $284,400 to $289,000.

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Market Context

Market Context

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

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

Market Overview

Active Listings
192
⇩ 19.3% vs 238 last year
Pending
36
19% pending ratio
Median Price
$289,000
⇧ 1.6% vs $284,400 last year
Average Price
$350,620
⇧ 4.5% vs $335,448 last year
Days on Market
52
⇧ 10.6% vs 47 days last year

Price Per Square Foot

Median $/sqft
$165
⇩ 1.2% vs $167/sqft last year
Median Home Size
1,789 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 192 this year vs 238 last year
  • Days on market: 52 now vs 47 last year

Median & Average Pricing

Year over Year
  • Median: $289,000 (+1.6% YoY)
  • Average: $350,620 (+4.5% 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 16.4 miles — 1,463 listings ($512,120,313 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
73071Norman, OK 730710.0 mi206$71,786,056$310,000$348,476
73072Norman, OK 730725.5 mi200$104,868,200$430,750$524,341
73160Oklahoma City, OK 731607.7 mi238$67,849,992$265,000$285,084
73170Oklahoma City, OK 731709.9 mi192$80,194,176$381,463$417,678
73093Washington, OK 7309310.4 mi35$21,825,475$375,000$623,585
73065Newcastle, OK 7306511.3 mi171$73,156,365$324,709$427,815
73139Oklahoma City, OK 7313912.0 mi50$10,317,250$169,725$206,345
73159Oklahoma City, OK 7315913.9 mi84$17,495,772$200,000$208,283
73129Oklahoma City, OK 7312914.0 mi51$8,311,266$151,500$162,966
73115Oklahoma City, OK 7311514.3 mi92$15,540,640$150,000$168,920
73109Oklahoma City, OK 7310914.9 mi45$11,633,490$167,999$258,522
73130Oklahoma City, OK 7313015.8 mi81$20,892,087$263,673$257,927
73169Oklahoma City, OK 7316916.4 mi18$8,249,544$522,800$458,308

Frequently Asked Questions

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

As of September 2026, there are 192 active listings in NORMAN, OK (zip code 73071), compared to 238 the prior year.

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

The median listing price in NORMAN, OK 73071 is $289,000 as of September 2026, a 1.6% increase from $284,400 the prior year.

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

Homes in NORMAN, OK 73071 spend an average of 52 days on the market before going under contract, compared to 47 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 September 2026, NORMAN, OK 73071 is currently a Balanced Market. Inventory has tightened compared to last year, with 46 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 52 days on market compared to 47 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 $5,780 compared to a typical 5% commission on the median listing price of $289,000. 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.