Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Norwood Hollow area can be challenging. Home prices in Norwood Hollow are now at a median cost of $284,543, higher than the North Carolina average of $226,477.
The average cost of rent is $866/mo in Norwood Hollow, primarily driven by the current value of real estate in the Norwood Hollow area. While nearly 40.89% of residents own their homes outright in Norwood Hollow, 26.42% rent.
Housing affordability isn’t just about home prices, though. The average household income in Norwood Hollow is $5,070 per month. Households that rent pay about 17.08% of their income on rent here. Norwood Hollow's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Banner Elk, NC: equally priced homes
- Sugar Mountain, NC: equally priced homes
- Seven Devils, NC: equally priced homes
- Grassy Creek, NC: less expensive homes
- Grandfather, NC: equally priced homes
- Linville, NC: less expensive homes
- Beech Mountain, NC: less expensive homes
- Valle Crucis, NC: less expensive homes
- Shulls Mill, NC: higher priced homes
- Elk Park, NC: less expensive homes
Cities with Similar Populations
- Poplar Grove, TN: less expensive homes
- Phoenix, MS: less expensive homes
- Pico, VA: less expensive homes
- Piedmont, GA: less expensive homes
- Pierpont, MO: higher priced homes
- Pike, TX: equally priced homes
- Pilot Mound, IA: less expensive homes
- Pleasant Hall, PA: less expensive homes
- Pleasant View, CO: less expensive homes
- Plevna, KS: less expensive homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood