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Norman, Oklahoma

Realtor Sep 2026 · ACS 2024

Market Read

A market with no active rental pool to price against. The sale-side figures below are the whole picture.

Tenant economics are strong. Median household income $70K, +3.6% YoY (ZIP); renters hold 46.0% of ZIP households. See the people evidence ↓

What would change this read: the median listing price is −2.0% YoY. inventory, +1.0% YoY, is the number to watch.

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

Computed from this page's data: median listing $354,232 (Realtor). The listing and rental pools are separate samples, not the same homes priced two ways, so the ratios describe the market rather than any one property. Ratios with reasons, not a recommendation to buy.

6 ZIPs in this city:73019 73026 73069 73070 73071 73072

Median Listing Price

$354K

Population

134,454

54,217

Median Days on Market

Active Listings

562

New Listings

160

Housing Market

The median listing price is down 2.0% YoY while the median home got down 2.6% bigger, so value per square foot is up 0.7%.

Pricing

Median Listing Price

$354K-2.0% YoY

Average Listing Price

$438K+1.2% YoY

Price per Sq Ft

$176.623+0.7% YoY

Median Sq Ft

2,037-2.6% YoY

Inventory

Active Listings

562+8.3% YoY

New Listings

160-15.8% YoY

Total Listings

699+1.0% YoY

Buyer Competition

Pending Listings

138-19.3% YoY

Pending Ratio

0.24-25.6% YoY

Median Days on Market

54+2.1% YoY

Price Reduced

24.1%+21.8% YoY

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 124,442

124Kunits

Occupied116,79993.9%

Vacant7,6436.1%

2024 Tenure ⓘ

U.S. Census ACS · n = 116,799

117Koccupied

Owner74,64263.9%

Renter42,15736.1%

Renter Share

36.1%+0.5% YoY

Total Housing Units

124,442+1.0% YoY

FY2026 Fair Market Rent

CountyCleveland County · HUD 40th-percentile estimate, not actual market asking rent

Studio

$939

/month

1 BR

$1,017

/month

2 BR

$1,244

/month

3 BR

$1,675

/month

4 BR

$1,857

/month

FMR trends · Cleveland County

HUD Fair Market Rents · FY1983–FY2026

ZIP Profile

U.S. Census ACS characteristics rolled up across the ZIP Code Tabulation Areas in this area, not the parent county.

Renters hold 46.0% of this ZIP's 54,217 occupied households, on a median household income of $70K.

Population & Age

Total Population

134,454+1.0% YoY

2024 Age Mix ⓘ

U.S. Census ACS · n = 134,454

134Kresidents

Under 1823,63117.6%

Adults 18–6491,43968.0%

65 & Over19,38414.4%

Age Composition Over Time

U.S. Census ACS · 2019–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Median Age

32.31+1.5% YoY

Population Under 18

23,631-3.9% YoY

Population 65 & Over

19,384+6.0% YoY

Households & Mobility

Total Households

54,217+2.5% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.32-1.7% YoY

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house76.5%

Moved (within US)23.0%

Other0.5%

Veterans

6.8%-3.4% YoY

Income & Poverty

Median Household Income

$70K+3.6% YoY

Per-Capita Income

$39K+1.8% YoY

Mean Household Income

$94K+0.2% YoY

Below Poverty Level

16.5%-0.8% YoY

Commuting

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone72.3%

Public transit0.6%

Worked from home11.9%

Other15.2%

Worked From Home

11.9%+19.7% YoY

Mean Commute

22.85+2.0% YoY

Units & Tenure

Total Housing Units

58,246+1.9% YoY

2024 Occupancy ⓘ

U.S. Census ACS · n = 58,246

58Kunits

Occupied54,21793.1%

Vacant4,0296.9%

2024 Tenure ⓘ

U.S. Census ACS · n = 54,217

54Khouseholds

Owner29,26054.0%

Renter24,95746.0%

Avg Household Size — Owner

2.49-0.7% YoY

Avg Household Size — Renter

2.13-3.0% YoY

County Demographics

County population is up 0.8% to 300,047: residents under 18 are down 0.8% and those 65 and over are up 4.0%.

Median Age

35.42024

Population

Cleveland County Population

303,952+0.7% YoY

Households

Total Households

116,799+1.3% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.46-0.4% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 300,047

300Kresidents

Under 1861,27520.4%

Adults 18–64194,03564.7%

65 & Over44,73714.9%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

61,275-0.8% YoY

Population 65 & Over

44,737+4.0% YoY

Median Age

35.40+0.9% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house81.8%

Moved (within US)17.7%

Other0.5%

Veterans

8.8%-3.3% YoY

County Economy

County median household income is $77K, 12.9% of residents are below the poverty level, 11.4% work from home.

Income

Median Household Income

$77K+3.5% YoY

Per-Capita Income

$39K+2.2% YoY

Mean Household Income

$98K+1.8% YoY

Poverty

Below Poverty Level

12.9%+0.8% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone74.8%

Public transit0.3%

Worked from home11.4%

Other13.5%

Worked From Home

11.4%+14.0% YoY

Mean Commute

23.70+0.4% YoY

Done with Norman? Put it next to another market.

State

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Compare with

City

State

City

ZIP codes

Norman, Oklahoma

Realtor Sep 2026 · ACS 2024

Market Read

A market with no active rental pool to price against. The sale-side figures below are the whole picture.

Tenant economics are strong. Median household income $70K, +3.6% YoY (ZIP); renters hold 46.0% of ZIP households. See the people evidence ↓

What would change this read: the median listing price is −2.0% YoY. inventory, +1.0% YoY, is the number to watch.

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

6 ZIPs in this city:73019 73026 73069 73070 73071 73072

Median Listing Price

$354K

Population

134,454

54,217

Median Days on Market

Active Listings

562

New Listings

160

Housing Market

The median listing price is down 2.0% YoY while the median home got down 2.6% bigger, so value per square foot is up 0.7%.

Pricing

Median Listing Price

$354K-2.0% YoY

Average Listing Price

$438K+1.2% YoY

Price per Sq Ft

$176.623+0.7% YoY

Median Sq Ft

2,037-2.6% YoY

Inventory

Active Listings

562+8.3% YoY

New Listings

160-15.8% YoY

Total Listings

699+1.0% YoY

Buyer Competition

Pending Listings

138-19.3% YoY

Pending Ratio

0.24-25.6% YoY

Median Days on Market

54+2.1% YoY

Price Reduced

24.1%+21.8% YoY

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 124,442

124Kunits

Occupied116,79993.9%

Vacant7,6436.1%

2024 Tenure ⓘ

U.S. Census ACS · n = 116,799

117Koccupied

Owner74,64263.9%

Renter42,15736.1%

Renter Share

36.1%+0.5% YoY

Total Housing Units

124,442+1.0% YoY

FY2026 Fair Market Rent

CountyCleveland County · HUD 40th-percentile estimate, not actual market asking rent

Studio

$939

/month

1 BR

$1,017

/month

2 BR

$1,244

/month

3 BR

$1,675

/month

4 BR

$1,857

/month

FMR trends · Cleveland County

HUD Fair Market Rents · FY1983–FY2026

ZIP Profile

U.S. Census ACS characteristics rolled up across the ZIP Code Tabulation Areas in this area, not the parent county.

Renters hold 46.0% of this ZIP's 54,217 occupied households, on a median household income of $70K.

Population & Age

Total Population

134,454+1.0% YoY

2024 Age Mix ⓘ

U.S. Census ACS · n = 134,454

134Kresidents

Under 1823,63117.6%

Adults 18–6491,43968.0%

65 & Over19,38414.4%

Age Composition Over Time

U.S. Census ACS · 2019–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Median Age

32.31+1.5% YoY

Population Under 18

23,631-3.9% YoY

Population 65 & Over

19,384+6.0% YoY

Households & Mobility

Total Households

54,217+2.5% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.32-1.7% YoY

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house76.5%

Moved (within US)23.0%

Other0.5%

Veterans

6.8%-3.4% YoY

Income & Poverty

Median Household Income

$70K+3.6% YoY

Per-Capita Income

$39K+1.8% YoY

Mean Household Income

$94K+0.2% YoY

Below Poverty Level

16.5%-0.8% YoY

Commuting

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone72.3%

Public transit0.6%

Worked from home11.9%

Other15.2%

Worked From Home

11.9%+19.7% YoY

Mean Commute

22.85+2.0% YoY

Units & Tenure

Total Housing Units

58,246+1.9% YoY

2024 Occupancy ⓘ

U.S. Census ACS · n = 58,246

58Kunits

Occupied54,21793.1%

Vacant4,0296.9%

2024 Tenure ⓘ

U.S. Census ACS · n = 54,217

54Khouseholds

Owner29,26054.0%

Renter24,95746.0%

Avg Household Size — Owner

2.49-0.7% YoY

Avg Household Size — Renter

2.13-3.0% YoY

County Demographics

County population is up 0.8% to 300,047: residents under 18 are down 0.8% and those 65 and over are up 4.0%.

Median Age

35.42024

Population

Cleveland County Population

303,952+0.7% YoY

Households

Total Households

116,799+1.3% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.46-0.4% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 300,047

300Kresidents

Under 1861,27520.4%

Adults 18–64194,03564.7%

65 & Over44,73714.9%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

61,275-0.8% YoY

Population 65 & Over

44,737+4.0% YoY

Median Age

35.40+0.9% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house81.8%

Moved (within US)17.7%

Other0.5%

Veterans

8.8%-3.3% YoY

County Economy

County median household income is $77K, 12.9% of residents are below the poverty level, 11.4% work from home.

Income

Median Household Income

$77K+3.5% YoY

Per-Capita Income

$39K+2.2% YoY

Mean Household Income

$98K+1.8% YoY

Poverty

Below Poverty Level

12.9%+0.8% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone74.8%

Public transit0.3%

Worked from home11.4%

Other13.5%

Worked From Home

11.4%+14.0% YoY

Mean Commute

23.70+0.4% YoY

Done with Norman? Put it next to another market.