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Homes for Sale Under 200K in Norman, OK

193 Homes for Sale

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Showing 1 - 42 of 193 homes for sale in Norman, OK

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Norman, OK Housing Market Overview

Norman is a balanced market, giving buyers and sellers room to negotiate. With 5.7 months of supply and homes averaging 61 days on the market, you can make decisions without the pressure of a highly competitive market.

Status

Balanced Market

Days on Market

61

Inventory

642

Oct 2021Jul 2024Oct 2026

Median Home Price

$284,000Up 1.43%

In Oct 2026 · YoY

Oct 2021Jul 2024Oct 2026

Mortgage Rates 30-Yr Fixed

7.18%Down 0.06%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
642 Up 3.55%
Newly Listed Homes
587 Down 9.69%
Months of Supply
5.7 Up 23.91%

Housing Demand

Homes Sold
336 Down 17.04%
Sale-to-List Ratio
97.1% Down 0.53%
Homes Sold Above List
12.2% Up 7.39%

30-yr fixed rate 7.18% · Data as of Oct 2026 · Source: Houzeo Research.

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  • mls-img
    Based on information from the MLSOK and submitted to the MLS GRID as of Nov 6, 2026, 10:16 PM. This information is not verified for authenticity or accuracy, is not guaranteed, and may not reflect all real estate activity in the market. All data is obtained from various sources and may not have been verified by broker or MLS GRID. The data is deemed reliable but is not guaranteed by MLS GRID. We do not attempt to verify the currency, completeness, accuracy, or authenticity of the data contained herein. Information is subject to transcription and transmission errors and is provided “as is”.

    All information, including but not limited to property square footage and lot size, zoning, and fitness for a particular purpose is subject to inaccuracies and should be independently verified through personal inspection and/or consultation with appropriate professionals. All information should be independently reviewed and verified for accuracy. Supplied Open House Information is subject to change without notice. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of MLSOK, Inc. Use of MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time. Information last updated on Nov 6, 2026, 10:16 PM. © 2026 MLSOK, Inc. All rights reserved.
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Homes Available icon

193

Homes Available

Median List Price icon

$ 284,000

Median List Price

Avg on Market icon

61 Days

Avg on Market