Explore Norman, OK - Market Insights, Demographics, Crime, Trends & Hotspots

Pulse Score
B+
Cap Rate
2.24%
Investor Friendly Score
44.00%
Median Price
$264,000

Market Insights

The housing market in Norman continues to see strong price appreciation, with values up 16.0% compared to last year. Home prices have decreased 2.2% in the past month. With 2.6 months of supply, Norman's inventory levels remain relatively tight. Homes are now taking an average of 47 days to sell, significantly longer than the 19 days typical for this market. Only 11.1% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Norman market with the affordability index at 10.8. Looking ahead, the Norman market is expected to maintain its current trajectory with relatively stable conditions.

Demographics market for - Norman, OK

Total Population -

114,881

White Population

81.95%

Black Population

5.32%

Mexican69.19% (5.56% of total population)
Puerto Rican4.84% (0.39% of total population)
Cuban1.40% (0.11% of total population)
Dominican0%
Salvadoran11.82% (0.95% of total population)
Costa Rican0.09% (0.01% of total population)
Gautemalan2.88% (0.23% of total population)
Honduran1.20% (0.10% of total population)
Nicaraguan0%
Panamanian0.12% (0.01% of total population)
Argentinean2.10% (0.17% of total population)
Bolivian1.71% (0.14% of total population)
Chilean0%
Colombian1.64% (0.13% of total population)
Ecuadorian0.43% (0.03% of total population)
Peruvian1.13% (0.09% of total population)
Uruguyan0%
Venezuelan1.44% (0.12% of total population)

Indian 12.57% (1.01% of total population)
Bangladeshi 0.74% (0.06% of total population)
Chinese 19.53% (1.57% of total population)
Bhutanese 0%
Burmese 0%
Filipino 3.49% (0.28% of total population)
Hmong 0%
Indonesian 0.18% (0.01% of total population)
Japanese 1.68% (0.13% of total population)
Korean 7.64% (0.61% of total population)
Laotian 1.26% (0.10% of total population)
Malaysian 0%
Mongolian 0%
Nepalese 0.49% (0.04% of total population)
Pakistani 0.03% (0.00% of total population)
Srilankan 0%
Taiwanese 0%
Pakistani 0.03% (0.00% of total population)
Srilankan 0%
Taiwanese 0%
Thai 2.30% (0.18% of total population)
Vietnamese 7.12% (0.57% of total population)

Hawaiian1.41% (0.11% of total population)
Samoan0%
Chamorro0%
Fijian0%
Marshallese0%

Crime for - Norman, OK

Homicide Offenses100.00%

Sex Offenses50.00%
Kidnapping/Abduction12.50%
Kidnapping/Abduction37.50%

Bribery1.75%
Fraud Offenses50.88%
Arson3.51%
Embezzlement22.81%
Counterfeiting/Forgery19.30%
Extortion/Blackmail1.75%

Robbery100.00%

Assault Offenses0.17%
Assault Offenses99.83%

Larceny/Theft Offenses52.12%
Burglary/Breaking & Entering7.25%
Stolen Property Offenses6.16%
Motor Vehicle Theft5.88%
Destruction/Damage/Vandalism of Property28.59%

Real Estate Market Prediction for - Norman, OK

City Hotspots

  • Average Price:

    N/A

  • Max Price:

    N/A

  • Average Rating:

    N/A

  • Location Average Score:

    N/A

  • Number Of Hotels:

    N/A

Nearby Cities From- Norman, OK

Goldsby, OK

Newcastle, OK

Oklahoma City, OK

Noble, OK

Slaughterville, OK