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Featured local agent — Norwood, OK
Sarah Mitchell
Compass Real Estate · Norwood, OK
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Norwood, OK Housing Market & Real Estate
Housing market overview · Updated monthly ·
$185,000median sale price
How is the Norwood, OK housing market right now?
The median home sale price in Norwood, OK is $185,000. Homes sell in an average of 9 days with 4 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 a buyer's or seller's market?
Norwood, OK is currently a seller's market, based on 2.0 months of supply and homes selling in about 9 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
9
Fast-moving
Active listings
4
2.0 months supply
Sale-to-list
95.7%
Below asking
What does the Norwood housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $185,000 |
| Average days on market | 9 days |
| Active inventory | 4 listings |
| Months of supply | 2.0 months |
| Sale-to-list price ratio | 95.7% |
| Median price per sq ft | $94/sq ft |
| Homes sold (latest month) | 2 |
| Listings with a price cut | 25.0% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Norwood by property type?
How the Norwood, OK market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $185,000 | $94/sq ft | 2 | 9 days |
Source: Redfin · Updated monthly
The Norwood housing market is currently classified as a seller's market with a median sale price of $185,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 9 days on market, indicating 2.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Norwood
There are currently 4 homes listed for sale in Norwood, Oklahoma.
Active listings
4
Homes on market
Avg. days on market
9
Days until sale
Who lives in Norwood?
Population
1,598
Median income
$88,906/yr
Median age
39.2 years
Owner-occupied
86.7%
College grads
27.8%
Avg commute
24.7 min
Source: U.S. Census Bureau ACS
What is it like to live in Norwood?
Norwood is a community of approximately 2K residents with a median age of 39.2 years.The median household income is $88,906, which reflects a relatively affluent area with strong earning potential. 27.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 86.7%, reflecting strong community stability and long-term resident commitment. The average commute time is 24.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Norwood offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Norwood, OK?
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 $185,000, down 0.0% from last year.
How long do homes stay on market in Norwood?
Homes typically spend 9 days on market before going under contract.
What is the median income in Norwood?
The median household income is $88,906 per year.
Is Norwood a buyer's or seller's market?
With 2.0 months of supply, Norwood is currently a seller's market.
How much does a single-family home cost in Norwood?
The median single-family home price in Norwood, OK is $185,000 (about $94 per square foot).
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