Median Home Price
$249,079.71
Median RentBETTER
$1,385.57/mo
Price-to-Rent Ratio
15.0
Property Tax RateTIE
0.90%
Price Change (1Y)
+2.4%
Price Change (5Y)
+12.0%
Break-Even YearsTIE
N/A
10-Year Wealth Difference
$85,225
Median Home PriceBETTER
$232,536.03
Median Rent
$1,430.75/mo
Price-to-Rent RatioBETTER
13.5
Property Tax RateTIE
0.90%
Price Change (1Y)BETTER
+3.8%
Price Change (5Y)BETTER
+18.9%
Break-Even YearsTIE
N/A
10-Year Wealth DifferenceBETTER
$22,788
Key Differences
Home Prices
Norman's median home price of $249,079.71 is higher than Stillwater's $232,536.03 by 7%.
Monthly Rent
Renting in Norman costs $1,385.57/mo compared to $1,430.75/mo in Stillwater—a difference of $45.18/mo.
Buy vs Rent Verdict
Both cities currently favor renting.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.