Norman, AR Home Values & Market Trends

Real estate market trends reflect that there have been 3 transactions over the past year in Norman. The median value for residential home transactions that occurred over the previous year is $139,500. The number of current listings in Norman is 3, and the percentage of properties for sale in the city is 3.00%. Norman, AR currently has 0 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 3 properties for sale.

Norman, AR Real Estate Market Overview

ZipMedian Est. Value
71960

$ 139,500

$ 122/sqft

Housing Market Summary for Norman, AR

Mar 2024February 2025Change
Median Listing Price$269K$154.7K-42.49%
Median Sold Price$126.3K$67,389-46.66%
Homes For Sale3433.33%
Homes Sold22-
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Norman, AR

Norman home values range from $64,796 to $355,000. The median estimated value of a home in Norman is $139,500. The median list price of a home is 139,500, and the total count of properties in the city is 5.

Foreclosure
There is 1 zips within Norman, AR; within this zips, the median estimated home value for homes in foreclosure ranges from $0 in $[foreclosures-lowest-avm-region] to the lowest value of $0 in $[foreclosures-lowest-avm-region]. Foreclosure homes account for NaN% of properties in Norman, AR with $[foreclosures-highest-count-region] containing 0 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Norman, AR with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Norman, AR; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Norman, AR ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Norman, AR. There is 1 zips within Norman, AR; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Norman, AR. Auction homes and other auction properties account for 0% of all properties in Norman, AR. There is 1 zips within Norman, AR; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 60.00% of residential properties in Norman, AR with 71960 containing 3 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Norman, AR; homes for sale in that zips, have a range of median values from $355,000 in 71960 to the lowest value of $130,000 in 71960.
    Sold Homes
    The median value for recently sold homes ranges from $69,676 in 71960 to the lowest price of $64,796 in 71960. There is 1 zips within Norman, AR. 71960 has 2 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 40.00% of properties in Norman, AR.

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      Guide for Norman, AR

      Market Reports
      Little Rock Real Estate Soars with 12% Increase in Average Property Values, May 2024
      Massachusetts
      Little Rock Real Estate: Climbing Property Values and Investment Potential – Market Report April 2024
      New Mexico
      New Mexico Pre-Foreclosures Drop 23%, But Homeowners Still Struggle
      missouri blog hero image
      Missouri
      Missouri Pre-foreclosures Down 14.62%—But Risk Remains
      See More Articles
      Little Rock Real Estate Soars with 12% Increase in Average Property Values, May 2024
      Market Reports|posted 12 June 2024
      Little Rock Real Estate: Climbing Property Values and Investment Potential – Market Report April 2024
      Massachusetts|posted 8 April 2024
      New Mexico Pre-Foreclosures Drop 23%, But Homeowners Still Struggle
      New Mexico|posted 20 March 2025
      missouri blog hero image
      Missouri Pre-foreclosures Down 14.62%—But Risk Remains
      Missouri|posted 12 March 2025

      Recently Listed Homes Norman, AR

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