Norman, OK Real Estate
According to census data in the year 2000 there were 41,541 housing units in Norman.
This represents a 16.5% growth from 35,650 in 1990.
Of those housing units, 36,045 were located in either urbanized areas or urban clusters, and 5,496 were located in what is classified as a rural area.
Homeownership rate in Norman is about 55.3%.
Norman's vacancy rate, including seasonal lodging, is about 6.5%.
Average household size is 2.31 people.
The majority of houses, apartments or condos in Norman were built after 1977.
|Housing Units by Size|
|Five Bedrooms or more||1.20%|
Owned Homes, Apartments and Condos
|Average Household Size||2.59|
|Median year structure was built||1978|
|Median Value of occupied units||$95,400|
|Median Price asked for vacant units||$87,000|
Rented Homes, Apartments and Condos
|Average Household Size||1.96|
|Median year structure was built||1976|
|Median Monthly Rent asked for vacant units||$440|
Owners Finance Status
|Second Mortgage & Equity Loan||0.40%|
|Home Equity Loan||5.60%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||16.7%|