Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Norman area can be challenging. Home prices in Norman are now at a median cost of $241,554, higher than the Nebraska average of $188,542.
The average cost of rent is $641/mo in Norman, primarily driven by the current value of real estate in the Norman area. While nearly 49.21% of residents own their homes outright in Norman, 26.53% rent.
Housing affordability isn’t just about home prices, though. The average household income in Norman is $6,311 per month. Households that rent pay about 10.16% of their income on rent here. Norman's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Heartwell, NE: equally priced homes
- Minden, NE: less expensive homes
- Holstein, NE: less expensive homes
- Upland, NE: less expensive homes
- Keene, NE: less expensive homes
- Campbell, NE: less expensive homes
- Bladen, NE: less expensive homes
- Roseland, NE: less expensive homes
- Kenesaw, NE: less expensive homes
- Lowell, NE: equally priced homes
Cities with Similar Populations
- Warren, MO: less expensive homes
- Concrete, TX: less expensive homes
- Copper Harbor, MI: equally priced homes
- Cougar, WA: higher priced homes
- Virden, NM: less expensive homes
- Vivian, SD: less expensive homes
- Wadena, IN: less expensive homes
- Wailua, HI: higher priced homes
- Wakefield, LA: higher priced homes
- Wales Hollow, NY: less expensive homes
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