Norman, OK — Momentum Score, Home Values & Best-For

All states·Oklahoma·Norman

Cleveland County · Oklahoma City · population 131,010

First-time buyers
Norman, OK
Image: Wikipedia · Norman, Oklahoma
OverviewCost of livingMoving guide
View watchlist →
68
Rising
Momentum score · 0–100

Where Norman stands

At or near all-time high.

Median home $264,711
1-year +1.9%
5-yr CAGR +5.9%
vs 5-yr peak +0.0%
Population +0.6%/yr

Home value trajectory · last 10 years

Zillow ZHVI · monthly
peak 2026-04$265k$154k$194k$235k$275k201620182020202220242026

Lifestyle scores

🚶
Walkability
25/100
Very car-dependent
Estimated from population density. Higher = denser, more amenities within walking distance.
🚉
Public transit
30/100
Minimal transit
Curated list of major US transit systems + population-based estimate. Higher = real subway/rail/bus options.
💻
Remote work fit
85/100
Excellent for remote work
Composite of city size, housing cost, state tax structure, and region's remote-work track record.

Scores are heuristic estimates from population density, state, and known transit/walkable cities. Not based on a paid Walk Score / Transit Score API — see methodology for the formula.

Rent trajectory · last 5 years

Zillow ZORI · monthly
$1,344/mo$964$1,194$1,425202220242026

Home value vs rent · indexed to 100

Both rebased at first month of ZORI data (~2015)
Home valueRent133131100120202220242026

Rent vs buy

Price-to-rent ratio: 16.4
Lean buy

At a 16.4 price-to-rent ratio, Norman is in the 'depends on horizon' zone. Buy if you'll be there 5+ years and value flexibility on the home; rent if you might move, want zero maintenance friction, or expect rates to drop.

How the momentum score breaks down

methodology →
Home YoY
59 · w22%
Home 5-yr CAGR
69 · w22%
Distance from peak
90 · w18%
Population growth
57 · w16%
Rent YoY
75 · w12%
Home 10-yr CAGR
60 · w10%
Long thesis

Norman has held up across the cycle: home values at $264,711 with +5.9% 5-year CAGR. The bull case is structural — population, location, employer base — and holds even if next year's print is soft.

Short thesis

Norman's bear case is the boring one: the cycle is real and any market that's run hard can stall. Watch for slowing population growth, rising days-on-market, or builder discounts as the early warning signals.

About Norman

Norman is a city in Cleveland County, Oklahoma, with an estimated population of 131,010. It anchors the Oklahoma City metro area. The population grew 0.6% annually from 2020 to 2024, a moderate gain. The median home value in Norman is $264,711 as of 2026-04, up 1.9% over the last 12 months. Over the last five years, home values have averaged +5.9% annual growth, with prices at or near the 5-year peak. Rents in Norman average $1,344 per month, up 4.5% year-over-year. The composite momentum score is 68 of 100 (Rising). The market is healthy with prices supported by underlying demand.

▲ Bull case

●Healthy 5-year run: +5.9% annualized over 5 years, outpacing US inflation.
●Held the highs: currently +0.0% from the 5-year peak — this market refused to give back gains.

▼ Bear case

○Local nuance: city-level data smooths over neighborhood differences. School zones, HOA rules, and street-level character matter — visit before deciding.

About Norman (Wikipedia)

Norman is the third-most populous city in the U.S. state of Oklahoma, with a population of 128,026 as of the 2020 census. It is the most populous city in and the county seat of Cleveland County and the second-most populous city in the Oklahoma City Metro Area after the state capital, Oklahoma City, 20 miles north of Norman.

Source: Wikipedia · this summary is contributed and licensed under CC-BY-SA.

City facts

MayorStephen Tyler Holman
Area189.19 sq mi
Elevation1125 ft
Motto"Building an Inclusive Community"
Density716.64/sq mi
Named forAbner Ernest Norman

Extracted from the Wikipedia infobox. Values may be slightly out of date relative to the latest sources.

Playbook

Buyer

You're not in a frenzy but you're not getting bargains either. Make a competitive offer with normal inspection terms. Don't lowball — the listing will move with or without you.

Seller

Price at fair market value; expect movement in 30-45 days. Don't get clever with terms (rent-back, contingencies) — buyers in a Rising market have options.

Investor

Appreciation tailwind exists but cash flow requires discipline on price. Run the numbers conservatively and confirm rent comps before committing.

Local safety & alerts

No active National Weather Service alerts for Cleveland County right now.

NWS active alerts (OK)Oklahoma Emergency ManagementHow to prepare (NWS)

Public-safety links are official .gov sources, not curated by us. Cleveland County routes NWS alerts; check the state EM portal for non-weather emergencies.

Neighborhoods of Norman

1 tracked · ranked by median home value
1Downtown$217,975-6.3%

Cities like Norman

Moore, OK64 · RisingBroken Arrow, OK71 · RisingTulsa, OK68 · RisingEdmond, OK66 · Rising

Run the numbers for Norman

ToolCan I afford Norman?Income → city shortlistToolROI on a Norman rentalCap rate, cash-on-cash, DSCRToolCompare Norman to anywhereSide-by-side up to 3 citiesToolNorman cost-of-livingEquivalent income elsewhere

Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.

Climate & natural-disaster risk

Winter (Jan)
50° / 28°
avg high / low
Summer (Jul)
93° / 70°
avg high / low
Sunny days/yr
234
~64% of year
Annual precip
36″ rain
7″ snow
Disaster risk (1=very low, 5=very high)
Hurricane
Very low
Tornado
Very high
Wildfire
Moderate
Earthquake
High
Flood
Moderate

State-level averages from NOAA Climate Normals (1991-2020) and FEMA National Risk Index. City-level conditions can vary significantly within a state.

Local sports teams

Major professional teams the Oklahoma City area cheers for. Detailed stats, schedules, and player pages on intherafters.com.

Current weather

Loading current conditions…

7-day forecast on weather.gov →

Find rentals & listings

Open current Norman listings on the major real-estate sites.

Links open the live search on the destination site — results are always current.

Local news & community

Updated 2026-05-21 from Google News + Reddit RSS. Headlines link to original sources.