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Norman, OK Housing

 
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As of 2010-2014, median price of a house in Norman is $154,700, which is higher than the state average of $115,000 and is lower than the national average of $175,700. The Norman median house value has grown by 62.16% since 2000. The growth rate for the price of a house in Norman is about the same as the state average rate of 62.66% and is higher than the national average rate of 46.91%. The median year that a house in Norman was built is 1981, which is newer than the median year for a house built in the state which is 1976 and is newer than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 24,807 Owner Occupied Houses in Norman, OK, #31
Norman, OK
154,700 USD
Oklahoma
115,000 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #320
Norman, OK
62.16%
Oklahoma
62.66%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Norman, OKOklahomaU.S.
Total Housing Units50,398, see rank, 100%1,680,457132,741,033
Occupied Housing Units44,637, 88.57%, see rank86.29%87.55%
Owner Occupied24,807, 49.22%, see rank57.40%56.34%
Renter Occupied19,830, 39.35%, see rank28.89%31.21%
Vacant Housing Units5,761, 11.43%, see rank13.71%12.45%
For Rent1,827, 3.63%, see rank2.61%2.34%
For Sale Only371, 0.74%, see rank1.34%1.20%
Rented or Sold, Not Occupied1,705, 3.38%, see rank1.05%0.92%
For Seasonal, Recreational, or Occasional Use608, 1.21%, see rank2.34%3.97%
For Migrant Workers53, 0.11%, see rank0.05%0.03%
Other Vacant1,197, 2.38%, see rank6.33%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #157
Norman, OKOklahomaU.S.
198119761976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Norman, OK%OklahomaU.S.
Owner-Occupied Units24,807100%964,57374,787,460
With a Mortgage16,86167.97%, see rank58.12%65.58%
Without a Mortgage7,94632.03%, see rank41.88%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Norman, OK
1,319 USD
Oklahoma
1,150 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsNorman, OK%OklahomaU.S.
$299 or Less340.20%, see rank0.29%0.20%
$300 to $4991811.07%, see rank2.77%1.59%
$500 to $6998625.11%, see rank9.61%5.01%
$700 to $9993,05018.09%, see rank24.86%14.32%
$1,000 to $1,4996,26137.13%, see rank35.23%27.90%
$1,500 to $1,9993,65121.65%, see rank15.81%20.35%
$2,000 to $2,9992,21413.13%, see rank8.70%19.52%
$3,000 or More6083.61%, see rank2.72%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Norman, OK
20.40% of the Total Income
Oklahoma
20.90% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Norman, OK%OklahomaU.S.
10% or Less1,1466.80%, see rank7.87%5.86%
10% to 20%7,01241.59%, see rank38.86%31.95%
20% to 30%4,71727.98%, see rank26.54%27.64%
30% to 40%1,87911.14%, see rank11.29%13.74%
40% or More2,04012.10%, see rank14.95%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Norman, OK
460 USD
Oklahoma
368 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsNorman, OK%OklahomaU.S.
$199 or Less3023.80%, see rank11.67%7.76%
$200 to $2991,14214.37%, see rank22.16%14.70%
$300 to $4993,20740.36%, see rank41.71%34.63%
$500 to $6992,01125.31%, see rank16.21%21.16%
$700 or More1,28416.16%, see rank8.25%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Norman, OK
10.00% of the Total Income
Oklahoma
10.80% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Norman, OK%OklahomaU.S.
10% or Less3,99350.25%, see rank46.01%40.19%
10% to 20%2,32529.26%, see rank31.28%31.47%
20% to 30%7509.44%, see rank10.66%12.24%
30% to 40%3474.37%, see rank4.51%5.64%
40% or More3924.93%, see rank6.17%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Norman, OKOklahomaU.S.
Total Housing Units50,398, 100%1,680,457132,741,033
1-unit, Detached31,408, 62.32%, see rank72.93%61.65%
1-unit, Attached1,934, 3.84%, see rank2.04%5.82%
2 Units1,973, 3.91%, see rank2.07%3.75%
3 or 4 Units2,483, 4.93%, see rank2.52%4.43%
5 to 9 Units3,671, 7.28%, see rank3.63%4.78%
10 or More Units6,960, 13.81%, see rank7.13%13.08%
Mobile Home, Boat, RV, Van, etc.1,969, 3.91%, see rank9.69%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Norman, OKOklahomaU.S.
Total Housing Units50,398, 100%1,680,457132,741,033
1 Room837, 1.66%, see rank1.40%1.95%
2 Rooms1,764, 3.50%, see rank1.80%2.48%
3 Rooms5,399, 10.71%, see rank7.49%9.13%
4 Rooms8,762, 17.39%, see rank16.19%16.60%
5 Rooms11,730, 23.27%, see rank26.06%20.41%
6 Rooms8,699, 17.26%, see rank21.02%18.06%
7 Rooms5,810, 11.53%, see rank12.20%12.27%
8 Rooms3,490, 6.92%, see rank6.93%8.48%
9 Rooms or More3,907, 7.75%, see rank6.91%10.60%
Median Rooms5.20, see rank5.405.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Norman, OKOklahomaU.S.
Total Housing Units50,398, 100%1,680,457132,741,033
No Bedroom945, 1.88%, see rank1.54%2.17%
1 Bedroom5,623, 11.16%, see rank8.89%11.16%
2 Bedrooms12,873, 25.54%, see rank25.38%26.69%
3 Bedrooms22,314, 44.28%, see rank49.01%39.70%
4 Bedrooms7,581, 15.04%, see rank13.23%16.05%
5 or More Bedrooms1,062, 2.11%, see rank1.94%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Norman, OKOklahomaU.S.
Total Housing Units44,637, 100%1,450,117116,211,092
Utility Gas24,710, 55.36%, see rank54.03%48.85%
Bottled, Tank, or LP Gas1,287, 2.88%, see rank7.25%4.86%
Electricity18,281, 40.95%, see rank35.66%36.68%
Fuel Oil, Kerosene, etc.57, 0.13%, see rank0.12%5.86%
Coal or Coke0, 0.00%, see rank0.00%0.12%
Wood185, 0.41%, see rank1.96%2.12%
Solar Energy0, 0.00%, see rank0.01%0.05%
Other Fuel51, 0.11%, see rank0.80%0.47%
No Fuel Used66, 0.15%, see rank0.17%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalNorman, OKOklahomaU.S.
Occupied Units Paying Rent19,272, 100%442,26739,201,928
$199 or Less98, 0.51%, see rank1.87%1.50%
$200 to $299212, 1.10%, see rank3.84%3.18%
$300 to $4991,216, 6.31%, see rank12.53%7.37%
$500 to $6995,645, 29.29%, see rank29.35%16.01%
$700 to $9996,830, 35.44%, see rank32.95%29.17%
$1,000 to $1,4994,241, 22.01%, see rank15.53%26.88%
$1,500 to $1,999780, 4.05%, see rank2.68%9.79%
$2,000 or More250, 1.30%, see rank1.25%6.10%
Median$780, see rank$717$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Norman, OKOklahomaU.S.
Occupied Housing Units44,637, 100%1,450,117116,211,092
No Vehicles Available2,203, 4.94%, see rank5.73%9.12%
1 Vehicles Available16,007, 35.86%, see rank33.26%33.80%
2 Vehicles Available18,173, 40.71%, see rank39.41%37.48%
3 or More Vehicles Available8,254, 18.49%, see rank21.60%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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