Norwood, PA Housing Market & Real Estate

Strong seller's market-26.8% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Norwood, PA is $225,000, down 26.8% year-over-year. Homes sell in an average of 11 days with 3 active listings. The market is currently a strong seller's market.

$225,000median sale price

Homes sold

4

Last 12 weeks

Days on market

11

Fast-moving

Active listings

3

0.8 months supply

Sale-to-list

100.0%

Below asking

Norwood, PA market data

Current housing market statistics for Norwood, PA
MetricValue
Median sale price$225,000
Median list price$307,500
Year-over-year price change-26.8%
Average days on market11 days
Active inventory3 listings
Months of supply0.8 months
Sale-to-list price ratio100.0%
Market conditionStrong seller's market

Source: Redfin · Updated weekly

The Norwood housing market is currently classified as a strong seller's market with a median sale price of $225,000. Prices have fallen 26.8% compared to last year, with homes spending an average of 11 days on market, indicating 0.8 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 3 homes listed for sale in Norwood, Pennsylvania. The median listing price is $308K.

Active listings

3

Homes on market

Median list price

$308K

Avg. days on market

11

Days until sale

New this week

3

Newly listed

Price drops:66.7%of listings
Sale-to-list:100.0%

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Frequently asked questions

What is the average home price in Norwood?

The median home sale price in Norwood is $225,000, down 26.8% from last year.

How long do homes stay on market in Norwood?

Homes typically spend 11 days on market before going under contract.

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

With 0.8 months of supply, Norwood is currently a strong seller's market.

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