Norman Real Estate Market Conditions

  • Median sales price

    $41,500
    7.16% change since last quarter
  • # Active listings

    31
    30-day change

Norman Schools and Demographics

Education near Norman, AR

City County
High School Graduates 56.93 78.76
College Degree - 2 year 1.12 7.65
College Degree - 4 year 7.87 12.29
Graduate Degree 1.12 3.83
Expenditures per Student 9,364 9,889
Students per Teacher 12.7 10.7

Elementary Schools near Norman, AR

Grades Students P/T Ratio ZIP
Caddo Hills Elementary School PK - 06 368 15 71960
Centerpoint Primary School PK - 03 293 13.7 71943
Kirby Elementary School KG - 06 175 9.4 71950
Mount Ida Elementary School KG - 06 237 12.3 71957
ODEN Maddox Elementary School KG - 06 79 9.7 71961

High Schools near Norman, AR

Grades Students P/T Ratio ZIP
Caddo Hills High School 07 - 12 234 9.7 71960
Kirby High School 07 - 12 196 12.1 71950
Mount Ida High School 07 - 12 246 12.3 71957
ODEN High School 07 - 12 101 8.7 71961

Demographics near Norman, AR

City County
Neighborhood Type Rural
Population 361 9,059
Population Density 321 12
Median Age 53 50
People per Household 2 2.3
Median Household Income 15,893 35,252
Average Income per Capita 13,811 21,480

Norman Real Estate

The median home value in Norman, AR is $41,500. This is lower than the county median home value of $99,200. The national median home value is $219,700. The average price of homes sold in Norman, AR is $41,500. Approximately 61.84% of Norman homes are owned, compared to 23.67% rented, while 14.49% are vacant. Norman real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Norman real estate agent to arrange a tour today!

Norman, Arkansas has a population of 361. Norman is less family-centric than the surrounding county with 19.54% of the households containing married families with children. The county average for households married with children is 24.2%.

The median household income in Norman, Arkansas is $15,893. The median household income for the surrounding county is $35,252 compared to the national median of $57,652. The median age of people living in Norman is 53 years.

Norman Weather

The average high temperature in July is 89.7 degrees, with an average low temperature in January of 27.2 degrees. The average rainfall is approximately 57.8 inches per year, with 5 inches of snow per year.