The Norwood housing market is very competitive. The median sale price of a home in Norwood was $301K last month, up 43.2% since last year. The median sale price per square foot in Norwood is $203, up 31.0% since last year.
In October 2024, Norwood home prices were up 43.2% compared to last year, selling for a median price of $301K. On average, homes in Norwood sell after 27 days on the market compared to 46 days last year. There were 6 homes sold in October this year, up from 4 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$300,750
+43.2% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Norwood, PA
$300,750
+43.2%
United States
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How hot is the Norwood housing market?
Norwood is very competitive. Homes sell in 32 days.
0
100
82
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 32 days.
Hot homes
can sell for about 4% above list price and go pending in around 8 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Norwood housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Norwood.
Flood Factor - Minor
10% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Norwood has a minor risk of flooding. 103 properties in Norwood are likely to be
severely affected
by flooding over the next 30 years. This represents 10% of all properties in Norwood. Flood risk is increasing faster than the national average.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Norwood has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Norwood is most at risk from hurricanes. 2,003 properties in Norwood have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 86 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 96 mph.