The median home in Norman, Oklahoma is valued at $256,571, up 2.2% year over year. Typical monthly rent is $1,317, producing a price-to-rent ratio of 16.2x — near the national average of 18x. Norman is part of the Oklahoma City, OK metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$256,571

+2.2%

Rent$1,317/mo

Prices rising — worse for buyers.

Affordability

Enter your income for Norman.

Income (annual)

Down Payment

$51,314 on $256,571

Example: $75,000 household income. Change it above to see your own.

Affordable27.8% of income

Under the 28% guideline.

PITI$1,740

P/I27.8%

Afford$258K

Room+$1K

P&I $1,297Tax $192Ins $250

Renting $423/mo cheaper ($1,317 rent)6.50% 30yr, 20% down, county tax + OK ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Oklahoma

Compare Norman with other housing markets across Oklahoma.

Nichols Hills$941K Goldsby$408K Cleora$400K Cedar Valley$361K Afton$350K Edmond$348K Jenks$344K Jones$340K

Full Oklahoma City, OK analysis

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Norman, OK