Norwood, OH

Balanced market-25.7% YoY

Housing market overview · Updated weekly

$260,000median sale price

Homes sold

17

Last 12 weeks

Days on market

68

Average pace

Active listings

66

3.9 months supply

Sale-to-list

99.5%

Below asking

The Norwood housing market is currently classified as a balanced market with a median sale price of $260,000. Prices have fallen 25.7% compared to last year, with homes spending an average of 68 days on market, indicating 3.9 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 66 homes listed for sale in Norwood, Ohio. The median listing price is $305K.

Active listings

66

Homes on market

Median list price

$305K

Avg. days on market

68

Days until sale

New this week

30

Newly listed

Price drops:18.2%of listings
Sale-to-list:99.5%

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Frequently asked questions

What is the average home price in Norwood?

The median home sale price in Norwood is $260,000, down 25.7% from last year.

How long do homes stay on market in Norwood?

Homes typically spend 68 days on market before going under contract.

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

With 3.9 months of supply, Norwood is currently a balanced market.

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