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Foreclosure Homes in Norman, NE

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Norman, NE Foreclosures

How much do homes sell for in Norman, NE?
The average home price is currently $139,481.
In Norman, NE, how many homes are available?
There are currently 22 active home listings available in Norman.
What’s the average rental cost in Norman, NE?
The average rental price in Norman is $896.
What is the most expensive home in Norman, Nebraska?
The most expensive home sold in Norman had a price of $366,800.
What is currently the cheapest priced home in Norman, NE?
The cheapest home for sale in Norman is priced at $25,600.

Home Value Estimator For Norman, NE

There are currently 22 real estate properties in Norman, NE, with a median automated valuation model (AVM) price of $109,986.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Norman, NE, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Norman, NE, is $139,481.00, with the most expensive house in Norman, NE, topping out at $366,800.00 and the cheapest home in Norman, NE, clocking in at $25,600.00. In other words, there’s something for every potential homebuyer or savvy investor in Norman, NE!


Rent Prices In Norman, NE

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Norman, NE, is on a rollercoaster ride. The average rent price in Norman, NE, is $896.00. Indeed, when looking to rent in Norman, NE, you can expect to pay as little as $680.00 or as much as $1,410.00, with the average rent median estimated to be $790.00. The good news is that finding an affordable and desirable property to rent in Norman, NE -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.


Top Reasons To Live In Norman, NE In 2024

Norman is located in Kearney, Nebraska, with an estimated municipal population of 44 residents. All of the best foreclosed homes for sale in Norman are located in the following zip code areas on Foreclosure.com: 68959. The estimated population per square kilometer (.62 miles) in Norman is 183.


Diversity And Demographics In Norman, Nebraska

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Norman, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Norman is 46.7, split between 55.3 percent male versus 44.7 female. The percentage of residents who report being married in Norman is 44.4, with an average family size of 2.75.

The percentage of residents who report their race in Norman is as follows:

White 100%
Black / African American 0%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0%
Other 0%

Looking for family-friendly neighborhoods in and/or near Norman? Or maybe you are searching for 55+ active adult communities in and/or near Norman?

The percentage of residents who report their age in Norman is as follows:

Under 10 4.3%
Aged 10-19 6.4%
20s 21.2%
30s 10.6%
40s 23.4%
50s 17%
60s 8.5%
70s 8.5%
80+ 0%

Best Schools In Norman, Nebraska

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Norman with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Norman.


Pros And Cons Of Living In Norman, Nebraska

How do you know that living in -- or moving to -- Norman is right where you need to be? Perhaps you grew up in Norman or already live nearby; therefore, the decision to buy a home in Norman is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Norman for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Norman:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Norman.


Reasons To Move To Norman, Nebraska, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Norman can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Norman, meanwhile, can field multiple offers from more qualified buyers.

Norman, NE Foreclosures


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