Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Norwood area can be challenging. Home prices in Norwood are now at a median cost of $42,800, lower than the Georgia average of $231,203.
The average cost of rent is $977/mo in Norwood, primarily driven by the current value of real estate in the Norwood area. While nearly 88.98% of residents own their homes outright in Norwood, 25.42% rent.
Housing affordability isn’t just about home prices, though. The average household income in Norwood is $3,310 per month. Households that rent pay about 29.52% of their income on rent here. Norwood's most expensive areas are in the southeastern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Camak, GA: higher priced homes
- Warrenton, GA: higher priced homes
- Cadley, GA: higher priced homes
- Raytown, GA: higher priced homes
- Sharon, GA: higher priced homes
- Mesena, GA: higher priced homes
- Mayfield, GA: higher priced homes
- Powelton, GA: higher priced homes
- Linesville, GA: higher priced homes
- Reese, GA: higher priced homes
Cities with Similar Populations
- Morris, IN: higher priced homes
- Randolph, KS: higher priced homes
- Randall, AR: higher priced homes
- Ralston, OK: higher priced homes
- Nine Mile, IN: higher priced homes
- New Village, NJ: higher priced homes
- New Providence, IA: higher priced homes
- New Point, GA: higher priced homes
- New Haven, IL: higher priced homes
- New Columbus, KY: higher priced homes
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