Zip 28128 (Norwood, NC) Housing

The housing market in 28128 Norwood, NC is performing well. The median value of a house in the area is $165,500, nearly half the US House Median Value of $338,100. Furthermore, over the last year, houses in Norwood have appreciated by 18.96%, much higher than the US rate of 8.27%. This strong appreciation suggests that Norwood's housing market is healthy and growing. Those looking to buy a home in Norwood are likely to enjoy good returns on their investment.

The median home cost in Norwood (zip 28128) is $165,500. Home appreciation the last 10 years has been 120.1%. Home Appreciation in Norwood (zip 28128) is up 25.0%.

Average Age of Homes

- The median age of Norwood (zip 28128) real estate is 44 years old

The Rental Market in Norwood (zip 28128)

- Renters make up 17.6% of the Norwood (zip 28128) population
- 0.0% of houses and apartments in Norwood (zip 28128), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Norwood, North Carolina	United States
	3,545.0	139,647,020.0
	47	42
	$165,500	$338,100
	25.0%	16.6%
	79.1%	57.0%
	120.1%	101.1%
	$6.83	$10.98
	$918	$2,690
	57.0%	57.4%
	24.0%	11.2%
	19.0%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	1.9%	0.7%
	1.2%	0.4%
	13.6%	3.6%
	7.3%	4.1%
Value of Owner-Occupied Housing
	1.1%	2.6%
	6.8%	2.4%
	9.2%	2.8%
	6.6%	3.9%
	13.0%	4.5%
	17.5%	11.3%
	10.1%	13.0%
	11.0%	20.1%
	8.1%	13.6%
	3.0%	8.3%
	9.0%	9.7%
	3.1%	3.9%
	1.5%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.3%	0.2%
	6.7%	13.6%
	6.7%	13.6%
	15.6%	13.6%
	10.7%	13.2%
	22.4%	14.8%
	15.6%	13.6%
	15.0%	10.0%
	5.1%	4.7%
	9.1%	12.2%

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