Norwood, NC

Balanced market+9.0% YoY

Housing market overview · Updated weekly

$226,000median sale price

Homes sold

4

Last 12 weeks

Days on market

87

Average pace

Active listings

14

3.5 months supply

Sale-to-list

99.3%

Below asking

The Norwood housing market is currently classified as a balanced market with a median sale price of $226,000. Prices have risen 9.0% compared to last year, with homes spending an average of 87 days on market, indicating 3.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Norwood

There are currently 14 homes listed for sale in Norwood, North Carolina. The median listing price is $250K.

Active listings

14

Homes on market

Median list price

$250K

Avg. days on market

87

Days until sale

New this week

3

Newly listed

Price drops:21.4%of listings
Sale-to-list:99.3%

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Frequently asked questions

What is the average home price in Norwood?

The median home sale price in Norwood is $226,000, up 9.0% from last year.

How long do homes stay on market in Norwood?

Homes typically spend 87 days on market before going under contract.

Is Norwood a buyer's or seller's market?

With 3.5 months of supply, Norwood is currently a balanced market.

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