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Norman—28367

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
N/A
N/A
Household Income
$63,100
77.8% YoY Growth
Days on Market
N/A
N/A
Home Price Forecast
N/A
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A

Other Zip Codes in Norman

73070
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Norman

Norman lacks sufficient home price data for analysis.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
N/AN/A
Single Family N/AN/A
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
N/AN/A
  • Affordability
  • Rentals and Section 8
    • 2 Bed
    N/A
    N/A
    3 Bed
    		N/AN/A
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    11.1%
    2 Bedrooms
    6.7%
    3 Bedrooms
    64.4%
    4 Bedrooms
    17.8%

    Rental Trends — Norman

    Norman lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average RentN/AN/A
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
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    % of Rental Stock

    2 Bedrooms
    4.8%
    3 Bedrooms
    95.2%

    Property Listings — Norman

    Norman lacks sufficient listing trend data for analysis.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		N/AN/A
    Listing Count
    		N/AN/A
    Listings as % of HomesN/AN/A
    Days on Market
    		N/AN/A
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    Demographics — Norman

    As of the latest ACS Survey released in 2023, Norman has a population of 138, which has increased by 106.0% over the past 5 years. Norman is a popular place for families, as children make up 29.7% of the population. The area has a poorly educated workforce, with 23.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.0% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		138106.0%
    % Under 18
    		29.7%32.6%
    % Seniors
    		15.9%-57.4%
    % WFH
    		0.0%N/A
    % w/ College Degree
    		23.2%510.5%
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    As of the latest ACS Survey released in 2023, Norman is a predominantly white area, with 73.2% of the population identifying as white. The white population has shrunk by 16.9% in the last 5 years. The second most common race or ethnicity in Norman is hispanic, making up 14.5% of the population. Foreign-born residents account for 14.5% of the population in Norman, and this percentage has increased by Inf% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		73.2%-16.9%
    % Black
    		12.3%310.0%
    % Hispanic
    		14.5%∞%
    % Asian
    		0.0%N/A
    % Foreign Born
    		14.5%∞%
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    Mortgage and Risk — Norman

    Norman lacks sufficient mortgage origination data for analysis.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		N/A
    % Conventional Loans
    		N/A
    % Government Loans
    		N/A
    % Investor Loans
    		N/A
    % Second Loans
    		N/A
    % Cash Out Refinance
    		N/A
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    Rentals and Section 8 — Norman

    Norman lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		1
    Total Units Section 8
    		1
    % Rentals under Section 8
    		N/A
    % Occupied Section 8
    		N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$780
    2 BedroomN/AN/A$930
    3 BedroomN/AN/A$1,240
    4 BedroomN/AN/A$1,560

    Affordability — Norman

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income RatioN/A
    Median Home PriceN/A
    Median Household Income$63,100

    Norman — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    28338

    Jackson Springs, NC

    27281

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    27209

    Eagle Springs, NC

    27242

    Hoffman, NC

    28347

    Frequently Asked Questions