Market Intelligence · OK / Norman

Norman, OK 73071 Housing Market

The typical home value in Norman's 73071 ZIP code is $224,874, up 0.8% over the past year. Homes here carry a median list price of $295,000 and spend a median of 58 days on the market.

Updated August 2026Median value$223K

The median home value in Norman, OK 73071 is $223K as of August 2026, up 0.6% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 73071 range

$205K to $241K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+0.6% over 12 months

Typical home value in 73071 over the last 12 months: $222K in Aug 2025 to $223K in Aug 2026 (+0.6%).

Aug 2025$222K

Aug 2026$223K

The numbers

What is the 73071 housing market like?

Typical home value

$223K

Up0.6%YoY

Median list price

$295K

Down2.1%MoM

Days on market

58

Flat0.0%MoM

Homes for sale

147

Up5.0%MoM

Price cuts

20.9%

Down10.3%MoM

New listings

52

Up13.0%MoM

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

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The comparison

How do 73071 home prices compare?

  • 73071$222,856
  • Norman$281,934
  • Oklahoma$185,923
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Norman: 4 ZIPs; Oklahoma: 499 ZIPs; United States: 26,265 ZIPs).

Context

As of 2026-08-01, there are 147 homes for sale in 73071, with 52 new listings added. The median list price is $295,000, while the typical home value sits at $224,874, up 0.8% over the past year. Homes are taking a median of 58 days to sell, and 20.9% of listings have had a price cut. That price-cut share suggests some sellers are starting above what buyers will pay. If you are thinking about selling, expect steady conditions but plan to price carefully from the start.

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20% · $44,571

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