Norwood, KY Housing Market

Homes for sale

The median sale price of a home in Norwood was $265K last month, down 33.7% since last year.

Trends
Demand
Migration
Schools
Climate

Norwood Housing Market Trends

What is the housing market like in Norwood today?

In October 2024, Norwood home prices were down 33.7% compared to last year, selling for a median price of $265K.

$235K

Sale Price

$144

Sale $/Sq. Ft.

Under List Price

17.5%

Days on Market

Down Payment

0.0%

Total Homes Sold

To compare other locations to the Norwood and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Norwood add value to a home.

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Norwood Migration & Relocation Trends

In Sep '24 - Nov '24, 27% of Norwood homebuyers searched to move out of Norwood, while 73% looked to stay within the metropolitan area.

Where are people moving to Norwood from?

Across the nation, 0.27% of homebuyers searched to move into Norwood from outside metros.
Washington homebuyers searched to move into Norwood more than any other metro followed by Los Angeles and Chicago.

Where are people from Norwood moving to?

73% of Norwood homebuyers searched to stay within the Norwood metropolitan area.
Lexington was the most popular destination among Norwood homebuyers followed by Cincinnati and Bowling Green.

Number of People Moving to Norwood

least

most

People are moving to Norwood from

Inbound		Net inflow
Metros		Sep '24 - Nov '24
1	Washington, DC	632
2	Los Angeles, CA	130
3	Chicago, IL	111
4	Indianapolis, IN	110
5	New York, NY	74
6	Seattle, WA	49
7	San Francisco, CA	46
8	San Diego, CA	36
9	Phoenix, AZ	30
10	Columbus, OH	28

People are leaving Norwood for

Outbound		Net outflow
Metros		Sep '24 - Nov '24
1	Lexington, KY	212
2	Cincinnati, OH	178
3	Bowling Green, KY	48
4	Sarasota, FL	37
5	Evansville, IN	37
6	Cape Coral, FL	34
7	Knoxville, TN	30
8	Jacksonville, FL	19
9	Charleston, SC	18
10	Myrtle Beach, SC	17

Methodology

This data does not reflect actual moves. The latest migration analysis is based on a sample of about two million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.

View houses in Norwood that sold recently

Recently sold homes

SOLD DEC 6, 2024
3D WALKTHROUGH
$546,500 Last Sold Price
3 beds
2.5 baths
3,098 sq ft
7606 S Park Pl, Louisville, KY 40222
Nest Realty
List Price
$550,000
Sale to List
1% under list
Days on Market
30 days
7606 S Park Pl, Louisville, KY 40222
SOLD NOV 8, 2024
$235,000 Last Sold Price
3 beds
2 baths
1,625 sq ft
7613 Norbourne Ave, Louisville, KY 40222
Red Edge Realty
List Price
$285,000
Sale to List
18% under list
Days on Market
29 days
7613 Norbourne Ave, Louisville, KY 40222
SOLD OCT 16, 2024
$265,000 Last Sold Price
3 beds
1 bath
1,161 sq ft
110 Arterburn Dr, Louisville, KY 40222
1 Percent Lists Purple Door
List Price
$274,900
Sale to List
4% under list
Days on Market
145 days
110 Arterburn Dr, Louisville, KY 40222
SOLD SEP 13, 2024
$360,000 Last Sold Price
2 beds
2 baths
2,148 sq ft
7608 S Park Pl Unit 1/2, Louisville, KY 40222
RE/MAX Properties East
List Price
$389,000
Sale to List
7% under list
Days on Market
93 days
7608 S Park Pl Unit 1/2, Louisville, KY 40222
SOLD JUL 29, 2024
$534,000 Last Sold Price
4 beds
4 baths
3,613 sq ft
300 Hidden Oak Way, Louisville, KY 40222
Coldwell Banker McMahan
List Price
$550,000
Sale to List
3% under list
Days on Market
60 days
300 Hidden Oak Way, Louisville, KY 40222

Schools in Norwood

Learn about schools in the Norwood area

Elementary
Middle
High

GreatSchools Rating

No elementary schools in this region.

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

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.

Wind Factor - Minor

100% of properties are at minor risk of a severe wind event over the next 30 years

Heat Factor - Major

100% of properties are at major risk of heat over the next 30 years

Provided by First Street Foundation

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