The housing market in Norwood, MO (zip code 65717) is thriving. The median value of a home in Norwood is $175,600, significantly lower than the US house median value of $338,100. Despite the lower median value, Norwood has seen an impressive appreciation rate over the past year of 16.70%, higher than the national appreciation rate of 8.27%. This indicates that housing in Norwood is on an upward trend and could be a great investment for potential buyers.
The median home cost in Norwood (zip 65717) is $175,600. Home appreciation the last 10 years has been 92.0%. Home Appreciation in Norwood (zip 65717) is up 20.0%.
Average Age of Homes
- The median age of Norwood (zip 65717) real estate is 31 years old
The Rental Market in Norwood (zip 65717)
- Renters make up 23.5% of the Norwood (zip 65717) population
- 0.0% of houses and apartments in Norwood (zip 65717), 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.