Norwood, NJ is a great place to live in when it comes to housing! The median value of homes in Norwood is $702,600 which is higher than the national median value of $338,100. Moreover, the appreciation rate for 1 year for homes in Norwood was 10.32%, which is higher than the national average of 8.27%. These factors make Norwood an attractive option for potential home buyers in the area looking for investment opportunities or a place to call home.
The median home cost in Norwood is $702,600. Home appreciation the last 10 years has been 52.1%. Home Appreciation in Norwood is up 9.0%.
Average Age of Homes
- The median age of Norwood real estate is 43 years old
The Rental Market in Norwood
- Renters make up 14.6% of the Norwood population
- 0.0% of houses and apartments in Norwood, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.