Housing Prices in Norwood, NJ
How much do homes in Norwood, NJ cost?
Median List Price
$599,000
-
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in Norwood has remained the same since last year.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $439K | N/A |
| 2 Bedrooms | $334.9K | - | N/A |
| 3 Bedrooms | $569K | - | N/A |
| 4 Bedrooms | $600K | $689K | +14.8% |
| 5+ Bedrooms | $649K | $1.0M | +65.6% |
Summary: Norwood 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 did not change, 4 bedroom homes increased by 14.8%, and 5+ bedroom homes increased by 65.6%.
Median List Price Compared To Nearby Cities
| Closter | $604.4K | $1.1M | +86.1% |
| Northvale | $514.4K | $525K | +2.1% |
| Norwood | $599.5K | $599K | -0.1% |
Housing Supply in Norwood, NJ
How many homes are available in Norwood, NJ?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 1 | 5 | +400.0% |
Summary: The Norwood real estate market had 5 homes for sale in March 2024, a 400.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 3 | +200.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 0 | 0 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 2 | +100.0% |
Summary: The Norwood housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Days on Market for Norwood, NJ
How long does it take to sell a home in Norwood, NJ?
Average Listing Age
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 53 Days | 24 Days | -54.7% |
Summary: Homes in Norwood had an average listing age of 24 days in Mar 2024, down by 54.7% compared to the previous year.
