The housing in Norwood, WI has an impressive median value of $183,600 compared to the US median house value of $338,100. Furthermore, the appreciation rate for houses in Norwood was 14.05% in the last year which is substantially higher than the 8.27% rate of appreciation for US housing overall. This is a strong indicator that investing in housing in Norwood is a wise decision and should be taken advantage of to obtain great returns on investment.
The median home cost in Norwood is $183,600. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Norwood is up 17.1%.
Average Age of Homes
- The median age of Norwood real estate is 38 years old
The Rental Market in Norwood
- Renters make up 11.2% 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.