The South Norwood Business District housing market is very competitive. The median sale price of a home in South Norwood Business District was $725K last month, up 8.2% since last year. The median sale price per square foot in South Norwood Business District is $377, down 21.8% since last year.
South Norwood Business District Housing Market Trends
What is the housing market like in South Norwood Business District today?
In October 2024, South Norwood Business District home prices were up 8.2% compared to last year, selling for a median price of $725K. On average, homes in South Norwood Business District sell after 18 days on the market compared to 24 days last year. There were 7 homes sold in October this year, up from 7 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$725,000
+8.2% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
South Norwood Business District, MA
$725,000
+8.2%
United States
To compare other locations to the South Norwood Business District 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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Work with the best agents in South Norwood Business District
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How hot is the South Norwood Business District housing market?
South Norwood Business District is very competitive. Homes sell in 15 days.
0
100
86
Very Competitive
Redfin Compete Score™
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 9 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for around list price and go pending in around 15 days.
Hot homes
can sell for about 1% above list price and go pending in around 6 days.
Learn about schools in the South Norwood Business District area
Elementary
Middle
High
GreatSchools Rating
5/10
Balch Elementary School
Public • 1-5
294
Students
2 reviews
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 South Norwood Business District housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in South Norwood Business District.
Flood Factor - Minor
29% of properties are at risk of severe flooding over the next 30 years
Flood Factor
South Norwood Business District has a minor risk of flooding. 178 properties in South Norwood Business District are likely to be
severely affected
by flooding over the next 30 years. This represents 29% of all properties in South Norwood Business District. Flood risk is increasing slower than the national average.
34% of properties are at risk of wildfire over the next 30 years
Fire Factor
South Norwood Business District has a moderate risk of wildfire. There are 326 properties in South Norwood Business District that have some risk of being affected by wildfire over the next 30 years. This represents 34% of all properties in South Norwood Business District.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
South Norwood Business District has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. South Norwood Business District is most at risk from hurricanes. 941 properties in South Norwood Business District have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 91 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 101 mph.
99% of properties are at major
risk of heat over the next 30 years
Heat Factor
South Norwood Business District has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 99% of homes in South Norwood Business District have a Major Heat Factor®.
South Norwood Business District is expected to see a 114% increase in the number of days over 97ºF over the next 30 years. South Norwood Business District is expected to experience 7