Real Estate In Norman, OK
Norman Real Estate
Things to do
Are You A Residential Enthusiast In Search Of A Great City To Invest in? Worry No More. Norman, OK, Real Estate Is The Ultimate Choice For You
Norman is among the best places to live since it provides its residents an intense suburban feel. It is home to young professionals and folks who live a conservative life. You can always chill in the city parks, shop in one of the malls, and take coffee in one of the joints. The cost of living in Norman is estimated at 89.4%. These statistics indicate that living in Norman is 10.6% cheaper than the national average. The city’s affordability makes it a hub of real estate investments as it attracts people from different regions. Besides, the Norman housing market is one of the cheapest in the nation. We can’t forget to mention the excellent schools that draw young families to Norman. These are some of the top reasons you should invest in Norman, OK real estate. Read on.
The Oklahoma Territory was surveyed by the United States Land Office in 1870. The department hired Abner E. Norman as the chairman of the central surveyor of the Indian Territory. The words “Noman Camp” were burned into a tree elm around the watering hole by the surveyor’s crew. The crew was taunting their younger supervisor, unaware that the city would later be named after him. The name was maintained by other settlers who came to the city in 1889. The city was primarily established along the Santa Fe Railroad. During that time, it hosted a freight station and passenger depot. Hence, it became the railway headquarters. The depot continued expanding as businesses in the city continued to grow. The Santa Fe Railway announced its last expansion in 1909, and the depot was deeded to Norman in 1972. The Santa Fe Depot was preserved as a historic landmark due to its significant contribution to Norman’s growth. Currently, the building is used to benefit the entire community by hosting parties, banquets, and meetings. It also offers daily Amtrak passenger services. Even today, Norman is still making history. It was recognized amongst the most growing cities in Oklahoma. Its public school, Norman Public School, was also recently ranked the best in the state. Additionally, it is currently revitalizing its downtown and intends to enhance its infrastructure and population in its long-term plans.
Things to do in Norman
Things to do in Norman
Norman has a lot to offer. Besides visiting the Gaylord Family-Oklahoma Memorial Stadium, or the University of Oklahoma, many things are to do. Some include visiting world-class museums, breweries and wineries and engaging in various outdoor activities.
You can’t exhaust the 55 parks in Norman. Whether you want to enjoy the scenery, relax or exercise, the parks have you sorted. Get fresh air, romantic weekend getaways, and engage in family activities in one of the many parks.
One of the best places to relax is Lake Thunderbird State Park which provides a range of fun activities. These activities include water sports, hiking, boating, fishing and hunting. It has two beaches, two marinas and restroom facilities.
If you want golfing activities in the city, join one of the famous golf clubs. For instance, the Westwood Park Golf Course has 18 holes, which accommodate many people. If you are interested in a less populated place, you can go to the Cobblestone Creek Golf Club, which has nine holes.
Norman is located 20 miles south of downtown Oklahoma City. The city lies in the southeast of Oklahoma and the South Canadian River. You can also drive to and from Washington DC within a day. Its strategic location makes it an excellent business hub and suitable for real estate investments.
Norma has experienced significant population growth over the last decade. Nonetheless, the city has a low population density with about 716 people per square mile. The city’s median population is 30.9 years, women 31.7 years and men 29.7 years. The age statistics imply that most people living in Norman are young. Norman also has a diverse population. Whites dominate the city with a population proportion of 77.20%, Asians are 4.93%, African Americans are 4.49%, and Native Hawaiian is 0.11%.
The average household income in the city is $79239. The median rental cost in recent years is $876 monthly. The median house value is $183,200. The rental costs and house value indicate that real estate in the region is very affordable.
Homeownership rates have been increasing in the region and are currently estimated at about 53%. Most of Norman’s residents drive to work since each household has two cars on average. This implies that many residents in Norman enjoy high living standards.
Arts in Norman
Arts in Norman
The art sector in Norman is vibrant, attracting thousands of tourists from different parts of the globe. You will be mesmerized by the view of the galleries, paintings, drawings, and sculptures in the city museums. The entertainment sector is active and keeps the young generation re-energized after a busy week or day.
The city’s art industry is monitored by the Norman Arts Council. The council has facilitated the growth of the city’s creative sector by ensuring that friends, families, and art lovers visit Downtown galleries every second Friday Art Walk. Here, you will catch up with artistic performances, gallery exhibits, see arts, filmmakers and performers.
The council has ensured that school children are provided the opportunity to dance, engage in music, paint and try sculpting for their first time. Moreover, the commission draws visitors from different states during events like Jazz. For instance, art walks and arts education attract over a million visitors annually. Thus, it is a market for real estate investors to make significant profits by hosting millions of people during the events.
The Fred Jones Jr. Museum of Art comprises the most extensive impressionist paintings collection. It has over 5,000 Native American displays. The museum has specified rotating periodically and has ranged from Roman sculptures to Walt Disney commercial art.
The city Sam Noble Oklahoma Museum of Natural History is a must-visit place. It was presented the prestigious Institute of Museum and Library Sciences medal by Michelle Obama. The six permanent galleries are traceable to 500 million years of the city’s natural history. Besides, it has unique portrays that comprise Shakespeare’s works to Megalodon. You will see the largest shark alive in the museum.
The Norman entertainment sector has contributed to its substantial growth over time. The industry employs significant workers and contributes to its economic stability. You can attend one of the live theaters or enjoy the classy nightclubs. It all depends on your tastes and preferences.
Schools in Norman
Schools in Norman
One of the crucial factors most people examine in a region is the availability of good schools. The city has a concentration of some of the top-ranked public schools and institutions of higher learning in Oklahoma. This means that you won’t miss a school that will offer quality education to kids and transform their lives to become men and women of substance in the future. The Norman Public School District oversees learning in some parts of Oklahoma. It is one of the best-ranked school districts in the entire state of Oklahoma. This district has enrolled over 15,000 students. The Norman Public Schools District has several schools ranging from elementary to middle to high school. Notable elementary schools in the city include Adams Elementary, Eisenhower Elementary, Lincoln Elementary, Truman Primary, among many others. You will note that most of these schools have names of prominent personalities in the history of the United States. If you’re looking for middle schools, then Alcott, Irving, Longfellow, and Whittier are the best to enroll your children. The city also has excellent high schools. The most notable high schools in the region are Norman High and Norman North. These schools boast steady enrollment rates, top performance, and almost 100% transition rates to colleges and universities. Lastly, Norman is just the right place if you’re thinking of getting a degree or furthering your studies. There are about 8 institutions of higher learning in the region. Prominent institutions in and near Norman are Oklahoma State University, the University of Oklahoma, and Oklahoma City Community College. What other better place to invest in real estate?
The fact that Norman, OK real estate is affordable makes it an attractive investor destination. Besides, unlike other cities in the contiguous US, home prices in Norman are stable and rental demands are on the rise. Best of all, Norman offers an excellent quality of life and a family-friendly environment, which is a catch for many residents. You also get to access a thriving business environment and quality services and amenities. Make the bold decision to purchase real estate in Norman, Oklahoma and enjoy the community feel and satisfaction the city offers.
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