What the Pros Know

6,329

Population

0.7% YoY

2023

43.3

Median Age

0.5% YoY

2022

$65,278

Median Household Income

10.9% YoY

2022

3,318

Labor Force

1.3% MoM

5% YoY

7/2024

3,165

Employed

1.2% MoM

5% YoY

7/2024

4.6%

Unemployment Rate

2.2% MoM

2.1% YoY

7/2024

$147,000

Median Sale Price

12.0% MoM

7.1% YoY

8/2024

3

Homes Sold

50.0% MoM

50.0% YoY

8/2024

6.0

Months Inventory

29.4% MoM

111.8% YoY

8/2024

49

Days on Market

10 MoM

4 YoY

8/2024

18

Listings

5.9% MoM

35.7% YoY

8/2024

92.3%

Sale Price to List Price

3.0% MoM

1.9% YoY

8/2024

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Cities included in Norman County: Ada, Twin Valley, Halstad, Gary, Hendrum, Shelly, Borup, Perley


Zip Codes included in Norman County: [Click for zip code level data] 56510, 56519, 56541, 56545, 56548, 56550, 56574, 56581, 56584


 1.  Population Data from U.S. Census Bureau.
 2.  Employment Data from Bureau of Labor and Statistics
 3.  Sales Data provided by Redfin, a national real estate brokerage.

MoM = Month over Month. The percentage change from the previous month to the current month.
YoY = Year over Year. The percentage change from the same period the previous year to the current period.

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