Housing Prices in Norwood, AL

How much do homes in Norwood, AL cost?

Median List Price

$209,900

$104/sqft

Based on all homes listed in May 2024.

Difference Since Last Month

-$5,000(-2.3%)

Key Takeaway

The list price of homes in Norwood has decreased by 2.3% since April.

Summary: The median home list price in Norwood was $209,900 in May 2024, down 2.3% from the previous month, and the median price per square foot was $104.

Median List Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 $132.4K$132.4K
0.0%
3 $219.9K$209.9K
-4.5%
4 $299K$299K
0.0%
5+ -$289.9K
N/A

Summary: Norwood housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 4.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Neighborhoods

Evergreen
+8.4%
Central City
0.0%
Norwood
-2.3%

Housing Supply in Norwood, AL

How many homes are available in Norwood, AL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
811+37.5%

Summary: The Norwood real estate market had 11 homes for sale in May 2024, a 37.5% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 22
0.0%
3 57
+40.0%
4 11
0.0%
5+ 01
+100.0%

Summary: The Norwood housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Days on Market for Norwood, AL

How long does it take to sell a home in Norwood, AL?

Average Listing Age

Apr 2024May 2024CHANGE
76 Days78 Days+2.9%

Summary: Homes in Norwood had an average listing age of 78 days in May 2024, up by 2.9% compared to the previous month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

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Newest Listings in Norwood, AL

Nearby Markets to Norwood, AL

MLS Disclaimers and Copyright

Based on information from Greater Alabama MLS for the period 04/01/2024 - 06/01/2024

IDX The data relating to real estate for sale on this site comes in part from the Broker Reciprocity/IDX program of the Greater Alabama Multiple Listing Service, Inc. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the content is not guaranteed accurate by the MLS. There is no express or implied warranty by MLS of the accuracy of information which should be independently verified. The Greater Alabama Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Copyright© 2024 Greater Alabama Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/2/2024, 7:20:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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