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Norman city, OK

ZIP 73071 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 73071

Median Home Value
$206,600
Median Rent
$880
Affordability Snapshot
$57,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,327/mo PITI).

18%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.5x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

19.6 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 73071 in Norman city, OK, a household would need roughly $57,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,327. That is roughly in line with the local median household income ($59,258). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
46.9%-28% vs US avg
x
Vacancy Rate
7.4%-28% vs US avg
x
Broadband Access
89.8%+3% vs US avg
x
4+ Bedrooms
0.8%-95% vs US avg
x
Built Pre-1939
2.4%-82% vs US avg
x
Built Post-2014
0.8%-88% vs US avg
x
Rent Burden >30%
20.5%-59% vs US avg
x
Mortgage-Free
37.6%-2% vs US avg
x
$206,600
Home Value
$880
Rent
1992
Year Built
2018
Moved In

Residents have lived here since ~2018 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached60.8%
  • 1-unit attached4.1%
  • 2-9 units20.9%
  • 10+ units13.0%
  • Mobile home & other1.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$206,600
Median rent$880
Owner-occupied46.9%
Vacant7.4%
Price-to-income3.5x
Est. income to buy$57,000