Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Norwell area can be challenging. Home prices in Norwell are now at a median cost of $612,879, higher than the Massachusetts average of $477,554.
The average cost of rent is $1,798/mo in Norwell, primarily driven by the current value of real estate in the Norwell area. While nearly 23.96% of residents own their homes outright in Norwell, 9.73% rent.
Housing affordability isn’t just about home prices, though. The average household income in Norwell is $13,984 per month. Households that rent pay about 12.86% of their income on rent here. Norwell's most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- South Hingham, MA: higher priced homes
- Standish, MA: higher priced homes
- Hanover, MA: equally priced homes
- Rivermoor, MA: equally priced homes
- Scituate, MA: equally priced homes
- North Scituate, MA: higher priced homes
- Marshfield Hills, MA: equally priced homes
- Cohasset, MA: higher priced homes
- Rockland, MA: less expensive homes
- Hingham, MA: higher priced homes
Cities with Similar Populations
- Belle View, VA: equally priced homes
- White River Junction, VT: less expensive homes
- Westview, FL: less expensive homes
- Weston, CT: higher priced homes
- Wellington, OH: less expensive homes
- Waynesville, OH: less expensive homes
- Waterloo, NY: less expensive homes
- Walnut Cove, NC: less expensive homes
- Bonadelle Ranchos-Madera Ranchos, CA: less expensive homes
- Birch Bay, WA: less expensive homes
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