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Featured local agent — Norwood, LA
Sarah Mitchell
Compass Real Estate · Norwood, LA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Norwood, LA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$325,000median sale price
How is the Norwood, LA housing market right now?
The median home sale price in Norwood, LA is $325,000. Homes sell in an average of 17 days. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of October 2025 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Norwood a buyer's or seller's market?
Norwood, LA is currently a seller's market, based on 1.0 months of supply and homes selling in about 17 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
17
Fast-moving
Active listings
—
1.0 months supply
Sale-to-list
85.8%
Below asking
What does the Norwood housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $325,000 |
| Average days on market | 17 days |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 85.8% |
| Median price per sq ft | $130/sq ft |
| Homes sold (latest month) | 1 |
| Listings with a price cut | 100.0% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Norwood by property type?
How the Norwood, LA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $325,000 | $130/sq ft | 1 | 17 days |
Source: Redfin · Updated monthly
The Norwood housing market is currently classified as a seller's market with a median sale price of $325,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 17 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.0x provides context for how home values compare to local earning capacity.
Homes for sale in Norwood
Explore homes currently listed for sale in Norwood, Louisiana across major real estate platforms.
Who lives in Norwood?
Population
250
Median income
$43,370/yr
Median age
59.2 years
Owner-occupied
85.2%
College grads
14.4%
Avg commute
42.4 min
Source: U.S. Census Bureau ACS
What are homes worth in Norwood?
Zillow home value
$214,732
Price-to-income
5.0x
Source: Zillow Research
What is it like to live in Norwood?
Norwood is a community of approximately 0K residents with a median age of 59.2 years.The median household income is $43,370, which represents a working-class community with solid middle-income opportunities. 14.4% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 85.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 42.4 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Norwood offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Norwood, LA?
Want a head-to-head view? Compare Norwood side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Norwood?
The median home sale price in Norwood is $325,000, down 0.0% from last year.
How long do homes stay on market in Norwood?
Homes typically spend 17 days on market before going under contract.
What is the median income in Norwood?
The median household income is $43,370 per year.
Is Norwood a buyer's or seller's market?
With 1.0 months of supply, Norwood is currently a seller's market.
What is the Zillow home value estimate for Norwood?
The Zillow Home Value Index (ZHVI) for Norwood is $214,732, representing the typical home value in the area.
How much does a single-family home cost in Norwood?
The median single-family home price in Norwood, LA is $325,000 (about $130 per square foot).
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