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IN area data

Norman, IN

Norman, IN.

Population: 1,574 (Census ACS)

Home values & appreciation

Median home value
$250,527
1-year appreciation
+3.6%
3-year appreciation
+13.8%
5-year appreciation
+27.7%
10-year appreciation
+84.6%
All-time peak (2026-04)
$254,808
House Price Index
367.2 (+2.9% YoY)

Market activity

Median sale price
$383,607
Median list price
$158,649
Median days on market
50.5 days
Sale-to-list ratio
100.4%
Active listings
2
1-year forecast
+2.3%

Rents

2-bedroom fair-market rent (HUD reference)
$1,040/mo
3BR fair-market rent
$1,310/mo

Affordability

Cost of living index (Below Average)
90.5 (100 = US avg)
Electricity rate (state-level)
16.2¢/kWh
Natural gas rate (state-level)
$11.50/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Natural hazards & flood risk

Overall hazard risk
Relatively Low
Top hazards
strongWind, tornado

Climate (30-year normals)

Average annual temperature
54.0°F
Average high
66.0°F
Average low
43.0°F

Amenities

Nearest airport
Cherry Hill Airport (10 mi)
Nearest major airport
Monroe County Airport (BMG) (25 mi)
Hospitals nearby (~15 mi)
1,090
Avg hospital rating
3.1 / 5
Solar radiation rating
Fair (4.1 kWh/m²/day)

Migration

Net migration
-56 tax filers

Housing stock

Median year housing built
1,981
Median annual property tax
$701
Households with broadband internet
31.5%

Employment & development

Total county employment
18,957
Average weekly wage
$1,056
Top industries (by employment)
Accommodation & Food, Health Care, Wholesale Trade
Annual residential building permits (county)
154

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents