The Norwood housing market is not very competitive. The median sale price of a home in Norwood was $108K last month, down 45.9% since last year. The median sale price per square foot in Norwood is $40, down 77.1% since last year.
In January 2025, Norwood home prices were down 45.9% compared to last year, selling for a median price of $108K. On average, homes in Norwood sell after 82 days on the market compared to 53 days last year. There were 7 homes sold in January this year, up from 6 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$108,000
-45.9% YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
Norwood, AL
$108,000
-45.9%
United States
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How hot is the Norwood housing market?
Norwood is not very competitive. Homes sell in 87 days.
0
100
19
Not 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
Multiple offers are rare.
The average homes sell for about 11% below list price and go pending in around 87 days.
Hot homes
can sell for about 2% below list price and go pending in around 57 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 Norwood housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Norwood.
Flood Factor - Minor
9% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Norwood has a minor risk of flooding. 71 properties in Norwood are likely to be
severely affected
by flooding over the next 30 years. This represents 9% of all properties in Norwood. Flood risk is increasing slower than the national average.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Norwood has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Norwood is most at risk from hurricanes. 1,284 properties in 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 81 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 87 mph.