Welcome to our 73072 real estate data hub, tailored for investors in Norman, OK. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 73072 in Norman, OK. Discover Section 8 housing opportunities and challenges to maximize your investment potential in CLEVELAND COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Norman, OK real estate investing. Uncover the wealth of information available, and position yourself for success in the Norman property market.
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Location Overview
- Zip Code: 73072
- City: Norman
- State: OK
- Metro Area: Oklahoma City, OK
- County Name: CLEVELAND COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $292,629
- Average Home Price (Single Family Homes): $297,543
- Average Monthly Rental Price (All Types): $1,587
- Price-to-Rent Ratio: 15
- Zillow Projected % appreciation from 4/2023-4/2024: 0.9%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,050
- Average 3 Bedroom Section 8 Rental Rates: $1,400
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 23.22
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 17.42
- Number of Units Offered in Section 8 in the County: 652
- Number of Occupied Units in Section 8 in the County: 625
- Percentage of Section 8 Units Occupied in the County: 95.90000153%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 190.86
- Total % Appreciation since 2000 (Government Data): 109.39
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 0.42%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 7.47%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 31.49%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 38.91%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 66.02%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 69.51%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 99.16%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): 0.65%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 4.25%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 23.64%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 30.41%