Why Live in University
The University neighborhood in Norman, Oklahoma, offers a vibrant living experience with its mix of historic homes, top-rated schools, and proximity to the University of Oklahoma. This eclectic area features early 20th-century Craftsman bungalows, cottages, and Victorian homes, alongside new constructions. Houses range from smaller 720-square-foot properties to larger multi-resident homes exceeding 5,000 square feet. The neighborhood is known for its character-filled homes, some of which are converted into multi-family units for college students. Local schools include McKinley Elementary, Alcott Middle School, and the highly rated Norman High School. Residents enjoy nearby Lion's Park, which offers playgrounds, a jogging track, and community events like movie nights and concerts. Andrews Park, located north of the neighborhood, features a splash pad, skate park, and amphitheater, hosting events such as the Jazz in June Festival. The Campus Corner district, developed in 1917, is a bustling commercial area with over 75 shops and restaurants, including The Apothem and Othello's Italian restaurant. The neighborhood's proximity to these attractions makes it a practical choice for families and students alike.
Frequently Asked Questions
Is University a good place to live?
University is a good place to live. University is considered fairly walkable and a biker's paradise. University has 6 parks for recreational activities. It is somewhat dense in population with 8.6 people per acre and a median age of 30. The average household income is $49,872 which is below the national average. College graduates make up 57.2% of residents. A majority of residents in University are renters, with 69.4% of residents renting and 30.6% of residents owning their home. A
local real estate agent serving University can help you decide if this neighborhood is the right one for you. Learn more on our
University neighborhood guide.
How much do you need to make to afford a house in University?
The median home price in University is $3,299,995. If you put a 20% down payment of $660,000 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $17,070 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $732K a year to afford the median home price in University. The average household income in University is $50K.
What are the best public schools in University?
The best public schools that serve University are:
What are the best private schools in University?
The best private schools that serve University are:
What are the most popular zip codes in University, Norman, OK?
What are the most popular neighborhoods near University, Norman, OK?
Home Trends in University, OK
On average, homes in University, Norman sell after 79 days on the market compared to the national average of 70 days. The median sale price for homes in University, Norman over the last 12 months is $5,350,000.
Median Sale Price
$5,350,000
Median Single Family Sale Price
$2,899,995
Average Price Per Sq Ft
$782
Number of Homes for Sale
1
Last 12 months Home Sales
1
Median List Price
$3,299,995
Median Change From 1st List Price
13%