Home

Norman, AR Real Estate


According to census data in the year 2000 there were 222 housing units in Norman. This represents a 0% decline from 222 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 222 were located in what is classified as a rural area.

Homeownership rate in Norman is about 67.7%. Norman's vacancy rate, including seasonal lodging, is about 14.9%. Average household size is 2.28 people.

The majority of houses, apartments or condos in Norman were built after 1970.

Statistics

Housing Size

Housing Units by Size
Studio Type2.70%
One Bedroom12.20%
Two Bedrooms43.20%
Three Bedrooms39.20%
Four Bedrooms2.70%
Five Bedrooms or more0%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.34
Median year structure was built1968
Median Value of occupied units$34,800
Median Price asked for vacant units$32,500

Rented Homes, Apartments and Condos

Average Household Size2.15
Median year structure was built1974
Median Monthly Rent asked for vacant units$185

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan0%
Simple Mortgage27.50%
Debt Free72.50%
As % of Housing Units
   
Median part of Monthly Household Income dedicated to covering home ownership costs13.7%