Market Intelligence · OK / Cleveland County

Norman, OK home prices and housing market

4 ZIP markets liveData updated September 2026Typical value$280K1-yr change0.9%

The typical home value in Norman, OK is $280K as of September 2026, up 0.9% from a year ago, based on the Zillow Home Value Index. In the typical Norman ZIP code, the median list price is $344K and homes spend a median of 52 days on market as of September 2026 (Realtor.com).

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The coverage

Norman, by the numbers.

Typical home valueZillow ZHVI, September 2026: $280K
1-yr changeMedian across Norman ZIPs: +0.9%
ZIP markets live6 tracked in Norman: 4
County: Cleveland County

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12-month value trend

+0.9% over 12 months

Sep 2025$277K

Low $277KHigh $280K

Sep 2026$280K

Median Zillow home value index across Norman's ZIP codes.

Context

Norman's housing market is moving at a measured pace as of September 2026. The typical home value in Norman is $279,507, up 0.9% over the past year, which points to flat prices rather than strong growth. There are 562 homes for sale and 160 new listings, so buyers have a reasonable amount of choice. Homes are taking a median of 52 days to sell, and the median list price of $343,526 sits well above the typical value, which suggests many sellers are aiming high. A 23.8% share of listings with a price cut confirms that a meaningful slice of sellers are adjusting their expectations. If you are thinking about selling in Norman, the market is stable but not fast, so realistic pricing from the start matters more than optimism.

The numbers

What is the housing market like in Norman, OK?

As of September 2026

Typical home value

$280K

0.9%YoY

Median list price

$344K

Days on market

Homes for sale

562

Price cuts

23.8%

New listings

160

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026)

Figures reflect Norman's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

Prices over time

Norman, OK home prices over time

Typical home values in Norman, OK are up 0.9% over the past year, from $277K in September 2025 to $280K in September 2026.

Typical home value in Norman, OK, September of each year
Month	Typical value	1-yr change
September 2026	$279,507	+0.9%
September 2025	$276,938	No prior year

Typical value is the median Zillow Home Value Index across Norman ZIP codes, taken in September of each year so every row compares the same month.

Market balance

Is Norman, OK a buyer's or seller's market?

Norman, OK leans toward a buyer's market.

Homes for sale are building up relative to new listings, which gives buyers more room to negotiate.

Based on a median of 52 days on market and 24% of listings with a price cut in the typical Norman ZIP code, and 160 new listings against 562 active listings across Norman, as of September 2026 (Realtor.com).

The outlook

Norman housing market forecast 2027

+1.2%

Weighted average of Zillow's ZIP forecasts, 12 months to September 2027

A weighted average of Zillow's ZIP forecasts, across 4 Norman ZIP codes, points to typical home values rising 1.2% by September 2027.

Over the 12 months through September 2026, typical home values in Norman rose 0.9%, per the Zillow Home Value Index.

Will home prices drop in Norman?

The forecasts do not call for a drop: a weighted average of Zillow's ZIP forecasts for Norman shows typical home values rising 1.2% by September 2027, after a 0.9% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

How this is calculated: each ZIP code's 12-month Zillow forecast is weighted by its typical home value (Zillow Home Value Index, September 2026). 4 Norman ZIP codes have both figures.

Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.

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Live markets

What ZIP codes are live in Norman?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of September 2026. 1-yr change compares it to the same ZIP a year earlier. We track 6 Norman ZIP codes in total; the remaining 2 publish as their data clears editorial QA.

Zillow ZHVI, September 2026

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Common questions

Questions about Norman, OK home prices.

How much is a home in Norman worth?

The typical home value in Norman is $279,507 as of September 2026, up 0.9% over the past year. That figure is a citywide measure, so individual homes can be worth more or less depending on size, condition, and location.

How long does it take to sell a house in Norman?

Homes in Norman are spending a median of 52 days on the market as of September 2026. That is a moderate pace, so sellers should plan for some time between listing and closing.

Is Norman a buyer's or seller's market right now?

The data points to a balanced market leaning slightly toward buyers. With 562 homes for sale, a median of 52 days on market, and 23.8% of listings taking a price cut as of September 2026, buyers have room to negotiate and sellers need to price carefully.

Are home prices going up or down in Norman, OK?

Typical home values in Norman, OK are up 0.9% over the past year, based on the Zillow Home Value Index as of September 2026.

Nearby markets

More Oklahoma housing markets.

The market is moving

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