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Featured local agent — Norwood Young America, MN
Sarah Mitchell
Compass Real Estate · Norwood Young America, MN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Norwood Young America, MN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$225,000median sale price
How is the Norwood Young America, MN housing market right now?
The median home sale price in Norwood Young America, MN is $225,000, down 43.4% year-over-year. Homes sell in an average of 40 days with 12 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Norwood Young America a buyer's or seller's market?
Norwood Young America, MN is currently a seller's market, based on 2.4 months of supply and homes selling in about 40 days. How we determine this →
Homes sold
5
Last 12 weeks
Days on market
40
Average pace
Active listings
12
2.4 months supply
Sale-to-list
98.4%
Below asking
What does the Norwood Young America housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $225,000 |
| Median list price | $324,950 |
| Year-over-year price change | -43.4% |
| Average days on market | 40 days |
| Active inventory | 12 listings |
| Months of supply | 2.4 months |
| Sale-to-list price ratio | 98.4% |
| Median price per sq ft | $165/sq ft |
| Homes sold (latest month) | 5 |
| New listings (latest month) | 8 |
| Listings with a price cut | 25.0% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Norwood Young America by property type?
How the Norwood Young America, MN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $359,900 | $165/sq ft | 1 | 55 days |
| Townhouse | $220,000 | $163/sq ft | 4 | 24 days |
Source: Redfin · Updated monthly
The Norwood Young America housing market is currently classified as a seller's market with a median sale price of $225,000. Prices have fallen 43.4% compared to last year, with homes spending an average of 40 days on market, indicating 2.4 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 5.2x provides context for how home values compare to local earning capacity.
Homes for sale in Norwood Young America
There are currently 12 homes listed for sale in Norwood Young America, Minnesota. The median listing price is $325K.
Active listings
12
Homes on market
Median list price
$325K
Avg. days on market
40
Days until sale
New this week
8
Newly listed
Who lives in Norwood Young America?
Population
3,866
Median income
$67,857/yr
Median age
38.5 years
Owner-occupied
75.9%
College grads
26.1%
Avg commute
31.6 min
Source: U.S. Census Bureau ACS
What are homes worth in Norwood Young America?
Zillow home value
$352,270
Price-to-income
5.2x
Source: Zillow Research
What is it like to live in Norwood Young America?
Norwood Young America is a community of approximately 4K residents with a median age of 38.5 years.The median household income is $67,857, which represents a working-class community with solid middle-income opportunities. 26.1% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 75.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 31.6 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Norwood Young America offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Norwood Young America?
3 schools tracked · 943 students
The largest public schools serving Norwood Young America, MN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
CENTRAL ELEMENTARY
Grades PK-5 · 400 students
CENTRAL SENIOR HIGH
Grades 9-12 · 334 students
CENTRAL MIDDLE
Grades 6-8 · 209 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Norwood Young America, MN?
Want a head-to-head view? Compare Norwood Young America 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 Young America?
The median home sale price in Norwood Young America is $225,000, down 43.4% from last year.
How long do homes stay on market in Norwood Young America?
Homes typically spend 40 days on market before going under contract.
What is the median income in Norwood Young America?
The median household income is $67,857 per year.
Is Norwood Young America a buyer's or seller's market?
With 2.4 months of supply, Norwood Young America is currently a seller's market.
What is the Zillow home value estimate for Norwood Young America?
The Zillow Home Value Index (ZHVI) for Norwood Young America is $352,270, representing the typical home value in the area.
How much does a single-family home cost in Norwood Young America?
The median single-family home price in Norwood Young America, MN is $359,900 (about $165 per square foot).
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