The Peachtree-Norwood housing market is very competitive. The median sale price of a home in Peachtree-Norwood was $241K last month, up 20.5% since last year. The median sale price per square foot in Peachtree-Norwood is $131, up 51.4% since last year.
What is the housing market like in Peachtree-Norwood today?
In March 2024, Peachtree-Norwood home prices were up 20.5% compared to last year, selling for a median price of $241K. On average, homes in Peachtree-Norwood sell after 24 days on the market compared to 9 days last year. There were 6 homes sold in March this year, down from 7 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$241,000
+20.5% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Peachtree-Norwood, VA
$241,000
+20.5%
United States
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How hot is the Peachtree-Norwood housing market?
Peachtree-Norwood is very competitive. Homes sell in 9 days.
0
100
80
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 12 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 9 days.
Hot homes
can sell for about 5% above list price and go pending in around 2 days.
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 Peachtree-Norwood housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Peachtree-Norwood.
Risk Factor
Flood Factor - Severe
27% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Peachtree-Norwood has a severe risk of flooding. 256 properties in Peachtree-Norwood are likely to be
severely affected
by flooding over the next 30 years. This represents 27% of all properties in Peachtree-Norwood. Flood risk is increasing slower than the national average.
5% of properties are at risk of wildfire over the next 30 years
Fire Factor
Peachtree-Norwood has a minor risk of wildfire. There are 57 properties in Peachtree-Norwood that have some risk of being affected by wildfire over the next 30 years. This represents 5% of all properties in Peachtree-Norwood.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Peachtree-Norwood has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Peachtree-Norwood is most at risk from hurricanes. 1,017 properties in Peachtree-Norwood 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 47 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 54 mph.
76% of properties are at major
risk of heat over the next 30 years
Heat Factor
Peachtree-Norwood has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 76% of homes in Peachtree-Norwood have a Major Heat Factor®.
Peachtree-Norwood is expected to see a 157% increase in the number of days over 101ºF over the next 30 years. Peachtree-Norwood is expected to experience 7