Housing Prices in Norwood, NJ

How much do homes in Norwood, NJ cost?

Median List Price

$1,573,000

-

Based on all homes listed in April 2024.

Difference Since Last Month

-$76,000(-4.6%)

Key Takeaway

The list price of homes in Norwood has decreased by 4.6% since March.

Median List Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 -$710K
N/A
3 --
N/A
4 -$599K
N/A
5+ $1.6M$1.9M
+18.2%

Summary: Norwood housing prices by bedroom type for April 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes increased by 18.2%.

Median List Price Compared To Nearby Cities

Norwood
-4.6%
Harrington Park
-15.0%

Housing Supply in Norwood, NJ

How many homes are available in Norwood, NJ?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
16+500.0%

Summary: The Norwood real estate market had 6 homes for sale in April 2024, a 500.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 00
0.0%
4 01
+100.0%
5+ 14
+300.0%

Summary: The Norwood housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 300%.

Days on Market for Norwood, NJ

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

Average Listing Age

Mar 2024Apr 2024CHANGE
87 Days30 Days-65.3%

Summary: Homes in Norwood had an average listing age of 30 days in Apr 2024, down by 65.3% compared to the previous month.

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

Report Updated 30 Days Ago

Newest Listings in Norwood, NJ

Nearby Markets to Norwood, NJ

What housing markets are near Norwood, NJ?