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Preforeclosure Homes in Norman, OK

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Norman, OK Foreclosures

How much do homes sell for in Norman, OK?
The average home price is currently $331,800.
In Norman, OK, how many homes are available?
There are currently 42 active home listings available in Norman.
What’s the average rental cost in Norman, OK?
The average rental price in Norman is $1,331.
What is the most expensive home in Norman?
The most expensive home sold in Norman had a price of $54,817,102.
What is currently the cheapest priced home in Norman, OK?
The cheapest home for sale in Norman is priced at $10,034.

Living in Norman, OK

Norman, OK, is a dynamic city known for its vibrant community and educational significance. With a population centered around the University of Oklahoma, residents benefit from a blend of college-town energy and suburban charm. Norman offers various recreational parks, dining experiences, and cultural attractions.

Current Market Conditions in Norman, OK

The real estate market in Norman remains robust, fueled by a steady influx of new residents and a diverse economy. The demand for homes has increased, resulting in a competitive market where listings often receive multiple offers. This growth is driven by both families looking to settle down and investors seeking rental properties due to the proximity to the University of Oklahoma.

Currently, the market conditions are showing signs of stabilization after rapid price hikes earlier in the year. While there are price adjustments in some segments, the overall trend points to healthy appreciation supported by ongoing demand.

Home Value Estimator For Norman, OK

There are currently 48,434 real estate properties in Norman, OK, with a median automated valuation model (AVM) price of $253,766.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Norman, OK, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Norman, OK, is $331,800.00, with the most expensive house in Norman, OK, topping out at $54,817,102.00 and the cheapest home in Norman, OK, clocking in at $10,034.00. In other words, there’s something for every potential homebuyer or savvy investor in Norman, OK!

Rent Prices In Norman, OK

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Norman, OK, is on a rollercoaster ride. The average rent price in Norman, OK, is $1,331.00. Indeed, when looking to rent in Norman, OK, you can expect to pay as little as $520.00 or as much as $3,920.00, with the average rent median estimated to be $1,250.00. The good news is that finding an affordable and desirable property to rent in Norman, OK -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Norman, OK Preforeclosure Homes


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