Norman, OK
Full City Profile · Oklahoma · Cleveland County County
3.6
/5.0
B+
Good
128,714
Population
720/sq mi density
$65,060
Median Income
$37,897 per capita
$239,300
Home Value
$257,977 Zillow
$1,064
Median Rent
30.5% income on rent
63°F
Avg Temperature
314 sunny days/yr
268
Violent Crime/100K
2,612 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$65,060 median income, 3.6% unemployment
A+
Affordability
4.6 / 5.0
$239,300 home value, $1,064/mo rent
F
Safety
1.0 / 5.0
268 violent crimes/100K
A+
Education
4.7 / 5.0
46.2% bachelor's degree or higher
Housing Overview
Median Home Value
$239,300
15% below
US avg: $281,900
Median Rent
$1,064/mo
9% below
US avg: $1,163/mo
Homeownership Rate
52.7%
19% below US avg (65.4%)
Total Housing Units
55,346
Median year built: 1988
Home Value by Source
Census Median
$239,300
Zillow (ZHVI)
$257,977
Median Sale Price
$262,000
Median List Price
$265,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
52.7%
Owner-Occupied
47.3%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$744/mo
1 Bedroom
$791/mo
2 Bedroom
$995/mo
3 Bedroom
$1,297/mo
4 Bedroom
$1,501/mo
Census median rent:
$1,064/mo
· Zillow rent:
$1,289/mo
Market Indicators (Redfin)
Median Days on Market
42 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
109
Price Drops
24.2%
of listings with price reduction
Price Per Sq Ft
$157
Active Inventory
363
homes for sale
Affordability & Housing Stock
Rent Burden
30.5%
of renters spending 30%+ of income on housing
2% below US avg (31.0%)
Median Year Built
1988
Average age of housing stock: 38 years
Homeownership Rate
52.7%
Complete Housing Data
Home Values
| Census Median Value | $239,300 |
| Zillow Home Value (ZHVI) | $257,977 |
| Median Sale Price | $262,000 |
| Median List Price | $265,000 |
| Price Per Sq Ft | $157 |
Rent
| Census Median Rent | $1,064 |
| Zillow Rent (ZORI) | $1,289 |
| FMR Studio | $744 |
| FMR 1-Bedroom | $791 |
| FMR 2-Bedroom | $995 |
| FMR 3-Bedroom | $1,297 |
| FMR 4-Bedroom | $1,501 |
Market
| Days on Market | 42 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 24.2% |
| Homes Sold | 109 |
| Active Inventory | 363 |
| Price Per Sq Ft | $157 |
Ownership & Stock
| Owner-Occupied | 52.7% |
| Renter-Occupied | 47.3% |
| Homeownership Rate | 52.7% |
| Total Housing Units | 55,346 |
| Median Year Built | 1988 |
| Rent Burden | 30.5% |
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