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All market snapshots / 73071

Norman, OK 73071 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Norman, OK inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.02
ActiveActive listings: 8787PendingPending sales: 22
Norman, OK: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $300k$300kSoldMedian sold price (last 6 months): $233k$233k
What homes actually sell for in Norman, OK
Distribution of 402 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $180k to $358k
$88k to $152k: 41 sales$88k$152k to $216k: 92 sales$216k to $280k: 108 sales108sales$216k$280k to $344k: 37 sales$344k to $408k: 54 sales$344k$408k to $472k: 16 sales$472k to $536k: 10 sales$472k$536k to $600k: 3 salesMedian $233k

What the numbers say

As of October 5, 2026, Resideline is tracking 87 active listings and 2 pending sales in ZIP code 73071. That pending-to-active ratio of 0.02 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $299,900, while the median of the 402 closed sales Resideline tracked over the last six months was $233,345. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 73071 for 70 days.

Frequently asked questions

What is the median home price in 73071?

The median closed sale price in Norman, OK 73071 was $233,345 over the last six months, based on 402 closed sales tracked by Resideline. The middle half of those sales ranged from $180,000 to $358,000.

Is 73071 a buyer's or seller's market?

Resideline is currently tracking 2 pending sales against 87 active listings in 73071, a pending-to-active ratio of 0.02. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 73071 currently looks like a balanced market.

Nearby ZIP code market data

Full Norman, OK housing market report →

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