Norwood, MA Housing Market
The Norwood housing market is most competitive. Homes in Norwood receive 4 offers on average and sell in around 16 days. The median sale price of a home in Norwood was $575K last month, down 13.1% since last year. The median sale price per square foot in Norwood is $410, up 10.2% since last year.
Norwood Housing Market Trends
In April 2024, Norwood home prices were down 13.1% compared to last year, selling for a median price of $575K. On average, homes in Norwood sell after 16 days on the market compared to 13 days last year. There were 12 homes sold in April this year, down from 16 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Norwood housing market?
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 3 months
- Most homes get multiple offers, often with waived contingencies.
- The average homes sell for about 3% above list price and go pending in around 13 days.
- Hot homescan sell for about 8% above list price and go pending in around 8 days.
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 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 2% above list price and go pending in around 20 days.
- Hot homescan sell for about 7% above list price and go pending in around 13 days.
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 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 3% above list price and go pending in around 17 days.
- Hot homescan sell for about 9% above list price and go pending in around 9 days.
Norwood Migration & Relocation Trends
- Across the nation, 2% of homebuyers searched to move into Norwood from outside metros.
- New York homebuyers searched to move into Norwood more than any other metro followed by Hartford and Washington.
- 83% of Norwood homebuyers searched to stay within the Norwood metropolitan area.
- Portland was the most popular destination among Norwood homebuyers followed by Lebanon and Miami.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Mar '24 - May '24 | ||
1 | 3,455 | ||
2 | 1,575 | ||
3 | 383 | ||
4 | 371 | ||
5 | 279 | ||
6 | 276 | ||
7 | 123 | ||
8 | 34 | ||
9 | 26 | ||
10 | 22 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Mar '24 - May '24 | ||
1 | 3,341 | ||
2 | 1,554 | ||
3 | 1,475 | ||
4 | 924 | ||
5 | 894 | ||
6 | 865 | ||
7 | 805 | ||
8 | 655 | ||
9 | 395 | ||
10 | 373 |
Home offer insights for Norwood
Recent offers
- Offer Not Accepted|5 Weeks Ago~$500K OfferSold for $550K3 bd | 1.5 ba | ~1,250 sqftOver List Price0%Days on Market8Competing Offers8Down Payment<10%
- Offer Not Accepted|8 Weeks Ago~$475K OfferSold for $475K3 bd | 1.5 ba | ~1,250 sqftOver List Price6%Days on Market19Competing Offers1Down Payment~20%
View houses in Norwood that sold recently
Recently sold homes
- $470,000 Last Sold Price3 beds2 baths980 sq ft201 Sunnyside Rd, Norwood, MA 02062List Price$525,000Sale to List10% under listDays on Market41 days201 Sunnyside Rd, Norwood, MA 02062
- $706,000 Last Sold Price3 beds2 baths1,391 sq ft77 Richland Rd, Norwood, MA 02062List Price$674,900Sale to List5% over listDays on Market78 days77 Richland Rd, Norwood, MA 02062
- $243,000 Last Sold Price1 bed1 bath753 sq ft315 Neponset St #59, Norwood, MA 02062List Price$260,000Sale to List7% under listDays on Market72 days315 Neponset St #59, Norwood, MA 02062
- $800,000 Last Sold Price3 beds2.5 baths2,035 sq ft79 Longmeadow Rd, Norwood, MA 02062List Price$699,000Sale to List14% over listDays on Market44 days79 Longmeadow Rd, Norwood, MA 02062
- $560,000 Last Sold Price3 beds1.5 baths1,218 sq ft17 Atwood Ave #17, Norwood, MA 02062List Price$499,900Sale to List12% over listDays on Market34 days17 Atwood Ave #17, Norwood, MA 02062
- $655,000 Last Sold Price4 beds2 baths2,010 sq ft9 Morningside Dr, Norwood, MA 02062List Price$695,000Sale to List6% under listDays on Market60 days9 Morningside Dr, Norwood, MA 02062
- $735,000 Last Sold Price3 beds1.5 baths1,342 sq ft16 Greenwich Rd, Norwood, MA 02062List Price$650,000Sale to List13% over listDays on Market59 days16 Greenwich Rd, Norwood, MA 02062
- $480,000 Last Sold Price3 beds1.5 baths1,320 sq ft60 Queensboro Ct #60, Norwood, MA 02062List Price$449,997Sale to List7% over listDays on Market53 days60 Queensboro Ct #60, Norwood, MA 02062
See all recently sold homes in Norwood.
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Schools in Norwood
- Elementary
- Middle
- High
GreatSchools Rating
9/10 William E Sheehan Public • K-5 | 289 Students | 6 reviews |
9/10 Martha Jones Public • K-5 | 271 Students | 5 reviews |
8/10 F.A. Cleveland Elementary School Public • 1-5 | 329 Students | 6 reviews |
7/10 Callahan Elementary School Public • 1-5 | 221 Students | 1 reviews |
7/10 Prescott Elementary School Public • K-5 | 258 Students | 6 reviews |
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 - Moderate
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Fire Factor - Moderate
Fire Factor
Wind Factor - Major
Wind Factor
Wind likelihood over time
Heat Factor - Major
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Transportation in Norwood
Walk Score®
Transit Score®
Bike Score®
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