Housing Prices in Norwood Township, MI
How much do homes in Norwood Township, MI cost?
Median List Price
$299,000
$163/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in Norwood Township has decreased by 9.2% since last year.
Summary: The median home list price in Norwood Township was $299,000 in March 2024, down 9.2% from the previous year, and the median price per square foot was $163.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $304.4K | - | N/A |
| 3 Bedrooms | $299.9K | $324K | +8.0% |
| 4 Bedrooms | $324.2K | $589K | +81.7% |
| 5+ Bedrooms | $689.9K | $202.4K | -70.7% |
Summary: Norwood Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 81.7%, and 5+ bedroom homes decreased by 70.7%.
Median List Price Compared To Nearby Cities
| Banks Township | $389K | $424.9K | +9.2% |
| Charlevoix Township | $379.9K | $397K | +4.5% |
| Norwood Township | $329.4K | $299K | -9.2% |
| Marion Township | $255.9K | $184.9K | -27.8% |
Housing Supply in Norwood Township, MI
How many homes are available in Norwood Township, MI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Summary: The Norwood Township real estate market had 2 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Norwood Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for Norwood Township, MI
How long does it take to sell a home in Norwood Township, MI?
Average Listing Age
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 27 Days | 47 Days | +75.2% |
Summary: Homes in Norwood Township had an average listing age of 47 days in Mar 2024, up by 75.2% compared to the previous year.
