House Prices

House Prices & Home Values Norman, IN 2026


Average Data

average house price$159,500
average size per house2143 ft²
average price per ft²75 $ / ft²

04/17/2026 - The value range (VR) for house prices in Norman, IN is $93/ sqft to $93/ sqft. An average home with 2143 sqft costs approximately $199,299 to $199,299. Norman, IN includes 1 ZIP codes and it is located in Jackson county. The lowest prices are found in ZIP 47264, while the highest are in ZIP 47264. The average price per sqare feet is $75. Our analysis is based on 3 property listings.

Avergage prices by ZIP codes Norman

4726497 $ / ft²




Historical development of home values in Norman

Year Estimated value (USD) Change vs. 2025
2010 $74,075 -53.6%
2011 $71,210 -55.4%
2012 $71,018 -55.5%
2013 $73,673 -53.8%
2014 $77,336 -51.5%
2015 $81,305 -49.0%
2016 $85,549 -46.4%
2017 $90,166 -43.5%
2018 $95,151 -40.3%
2019 $99,563 -37.6%
2020 $104,710 -34.4%
2021 $119,096 -25.3%
2022 $138,839 -13.0%
2023 $146,412 -8.2%
2024 $154,883 -2.9%
2025 $159,500 0.0%

Graph: estimated home values in Norman over time (USD)



Example: 100% financing house in Norman

Loan amount: $159,500

Interest rate: 6.00%

Fixed monthly payment: $956.28

Breakdown in the 1st month:
Interest portion: $797.50  –  Principal portion: $158.78

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $9,516.72 $1,958.68 $157,541.32
2 $9,395.91 $2,079.49 $155,461.84
3 $9,267.65 $2,207.74 $153,254.09
4 $9,131.48 $2,343.91 $150,910.18
5 $8,986.92 $2,488.48 $148,421.70
6 $8,833.43 $2,641.96 $145,779.74
7 $8,670.48 $2,804.91 $142,974.82
8 $8,497.48 $2,977.92 $139,996.90
9 $8,313.81 $3,161.59 $136,835.32
10 $8,118.81 $3,356.59 $133,478.73
11 $7,911.78 $3,563.61 $129,915.12
12 $7,691.99 $3,783.41 $126,131.71
13 $7,458.64 $4,016.76 $122,114.95
14 $7,210.89 $4,264.51 $117,850.44
15 $6,947.86 $4,527.53 $113,322.91
16 $6,668.62 $4,806.78 $108,516.13
17 $6,372.14 $5,103.25 $103,412.87
18 $6,057.39 $5,418.01 $97,994.86
19 $5,723.22 $5,752.18 $92,242.68
20 $5,368.43 $6,106.96 $86,135.72
21 $4,991.77 $6,483.63 $79,652.09
22 $4,591.87 $6,883.52 $72,768.57
23 $4,167.31 $7,308.08 $65,460.49
24 $3,716.57 $7,758.83 $57,701.66
25 $3,238.02 $8,237.38 $49,464.28
26 $2,729.96 $8,745.44 $40,718.84
27 $2,190.56 $9,284.84 $31,434.00
28 $1,617.89 $9,857.51 $21,576.49
29 $1,009.90 $10,465.50 $11,110.99
30 $364.41 $11,110.99 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Norman, IN


1500 sqft3900 sqft
Ø selling price$136,126$289,575
Ø fast selling$123,751$260,618
Ø high price sale$148,500$318,533

In 2026, houses in Norman, IN will be offered at an average price of $75 per square foot. A 1,500 sqft home priced at $136,126 is 23.81% more expensive per square foot than a 3,900 sqft home priced at $289,575. Home prices in Norman, IN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $200,476. Sellers who can wait longer may achieve a higher price of up to $245,026.


Explore Norman, Indiana

Norman, Indiana is a small unincorporated community in Jackson County known for quiet rural charm and easy access to nature.
Travelers use Norman as a gateway to the Hoosier National Forest and scenic backroads of southern Indiana.
The town sits near State Road 135, making it a convenient scenic stop between Bloomington, Bedford, and Brownstown.

Things to Do and Outdoor Adventures

Top things to do in Norman, Indiana include hiking, birding, and photography amid rolling hills, limestone outcrops, and seasonal wildflowers.
Nearby trailheads and campsites offer rustic experiences, while family farms host produce stands and fall festivals.
Anglers find peaceful spots on creeks and small lakes, and cyclists ride quiet county routes with minimal traffic.

Community, History, and Real Estate

History buffs appreciate the region?s pioneer heritage, including historic churches, cemeteries, and classic barns.
Local businesses provide friendly service, from country diners to outfitters selling bait, maps, and outdoor gear.
The real estate around Norman, IN ranges from rural homesteads to wooded acreage lots, appealing to buyers seeking space and affordability.
Whether you are planning a weekend escape or looking to relocate, Norman delivers small-town hospitality, natural beauty, and convenient access to southern Indiana attractions.



FAQ – Home Values in Norman

What is the median home value in Norman in 2026?

In 2026, the typical home value in Norman is about $159,500 for an average home size of 2143 square feet. This corresponds to an average price of roughly $75 per square foot.

What is the average cost per square foot in Norman?

In 2026, homes in Norman sell for an average of around $75 per square foot, with a typical range between $93 and $93 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Norman is about 2143 square feet, with an estimated 2026 value around $159,500.



Locations close to Norman, IN

North Vernon, IN35 $ / ft²
Paris Crossing, IN86 $ / ft²
Saint Paul, IN85 $ / ft²
New Point, IN121 $ / ft²
Medora, IN106 $ / ft²
Madison, IN108 $ / ft²
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