$125,000
- 3 Beds
- 2 Baths
- 1,216 Sq Ft
1001 Wildfire Dr, Norman, OK 73026
Joelle Anderson McGraw REALTORS (BO)
$125,000
1001 Wildfire Dr, Norman, OK 73026
Joelle Anderson McGraw REALTORS (BO)
Norman's rich college-town atmosphere centers around the University of Oklahoma, with the iconic Gaylord Family Oklahoma Memorial Stadium drawing thousands for Sooners football games. Lake Thunderbird State Park provides year-round outdoor recreation through boating, fishing, camping, and hiking trails. The downtown Arts District features the historic Sooner Theatre for live performances, while Campus Corner buzzes with restaurants and shops. The Sam Noble Oklahoma Museum of Natural History and Fred Jones Jr. Museum of Art add cultural depth to the community.
The real estate landscape in Norman includes diverse price points across its neighborhoods. The median single-family home price stands at $305,000, with Northwest Norman commanding the highest median price at $407,000. Downtown Norman's median single-family price reaches $295,900, while Original Townsite presents more affordable options at $137,000. Condominiums start at a median price of $100,000 for one bedroom units and $138,000 for two bedrooms. Townhomes have a median price of $325,000.
Norman maintains a cost of living 1.7% below the national average. A family with school-age children needs approximately $104,000 annually to live comfortably, while renters should aim for $56,000. The property tax rate in Cleveland County is 1.03%, comparable to nearby Moore but slightly higher than Oklahoma City's 0.98%. The combined sales tax rate reaches 9.00%. Norman's location 20 miles south of Oklahoma City creates a manageable 25 to 30 minute commute via I-35. The Cleveland Area Rapid Transit (CART) system serves local transportation needs. Notable public schools include Norman North High School and McKinley Elementary School, both earning A ratings from Niche.
On average, homes in Norman, OK sell after 57 days on the market compared to the national average of 57 days. The median sale price for homes in Norman, OK over the last 12 months is $280,000, consistent with the median home sale price over the previous 12 months.
In Norman, homebuyers often seek space, affordability, and access to the University of Oklahoma and nearby parks.