Comprehensive market data and analysis• Updated Dec 2025
10.6 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 3 | 19 | 40 | 74 |
| 1-2 acres | - | 1 | 3 | 6 |
| 2-5 acres | 1 | 5 | 13 | 24 |
| 5-10 acres | - | 3 | 8 | 20 |
| 10-20 acres | - | - | - | 1 |
| 20-50 acres | - | 2 | 3 | 5 |
| 50-100 acres | - | - | - | 1 |
| 100+ acres | - | - | - | 2 |
| TOTAL | 4 | 30 | 67 | 133 |
Acreage buckets
The median price for land in Norman, Oklahoma is currently $130K per acre. For a typical parcel, the median sale price is $105K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $40K while premium lots reached $575K.
Norman, Oklahoma is currently a buyer's market with 10.6 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 16.0% year-over-year.
Norman, Oklahoma currently has 10.6 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.
There are currently 120 active listings in Norman, Oklahoma. 48 new listings have hit the market in the last 90 days. The median asking price is $177K.
The current absorption rate in Norman, Oklahoma is 9.4% (3-month basis), indicating moderate demand. With appreciating values (+16.0% YoY), the market shows growth potential. The top-performing broker in this market is Dillard Cies Real Estate.
Land in Norman, Oklahoma typically sells within 179 days of listing. The median time on market is 110 days. Properties are moving slowly in the current buyer's market.
Over the past 12 months, Norman, Oklahoma saw 145 properties sold, totaling $34.3M in sales volume. In just the last 3 months, 34 properties changed hands.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.