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Norwood, OK

Full City Profile · Oklahoma · Muskogee County County

3.5 /5.0
B+ Good
1,598 Population 49/sq mi density
$88,906 Median Income $34,905 per capita
$224,000 Home Value $217,252 Zillow
$1,054 Median Rent 17.7% income on rent
61°F Avg Temperature 310 sunny days/yr
671 Violent Crime/100K 671 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$88,906 median income, 0.3% unemployment
A+
Affordability
5.0 / 5.0
$224,000 home value, $1,054/mo rent
F
Safety
1.0 / 5.0
671 violent crimes/100K (77% above avg)
B
Education
3.2 / 5.0
27.8% bachelor's degree or higher

Housing Overview

Median Home Value
$224,000
21% below
US avg: $281,900
Median Rent
$1,054/mo
9% below
US avg: $1,163/mo
Homeownership Rate
86.7%
33% above US avg (65.4%)
Total Housing Units
530
Median year built: 1997

Home Value by Source

Census Median
$224,000
Zillow (ZHVI)
$217,252
Median Sale Price
$530,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

86.7%
Owner-Occupied
13.3%
Renter-Occupied
87%
13%
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: $1,054/mo

Market Indicators (Redfin)

Median Days on Market
214 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$245
Active Inventory
1
homes for sale

Affordability & Housing Stock

Rent Burden
17.7%
of renters spending 30%+ of income on housing
43% below US avg (31.0%)
Median Year Built
1997
Average age of housing stock: 29 years
Homeownership Rate
86.7%

Complete Housing Data

Home Values

Census Median Value$224,000
Zillow Home Value (ZHVI)$217,252
Median Sale Price$530,000
Price Per Sq Ft$245

Rent

Census Median Rent$1,054
FMR Studio$744
FMR 1-Bedroom$791
FMR 2-Bedroom$995
FMR 3-Bedroom$1,297
FMR 4-Bedroom$1,501

Market

Days on Market214
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold1
Active Inventory1
Price Per Sq Ft$245

Ownership & Stock

Owner-Occupied86.7%
Renter-Occupied13.3%
Homeownership Rate86.7%
Total Housing Units530
Median Year Built1997
Rent Burden17.7%