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 $93,451, lower than the New York average of $481,023.
The average cost of rent is $927/mo in Norwood, primarily driven by the current value of real estate in the Norwood area. While nearly 43.96% of residents own their homes outright in Norwood, 17.09% rent.
Housing affordability isn’t just about home prices, though. The average household income in Norwood is $5,790 per month. Households that rent pay about 16.01% of their income on rent here. Norwood's most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Yaleville, NY: higher priced homes
- North Stockholm, NY: higher priced homes
- Sandfordville, NY: higher priced homes
- West Potsdam, NY: higher priced homes
- Raymondville, NY: equally priced homes
- Norfolk, NY: higher priced homes
- Potsdam, NY: higher priced homes
- West Stockholm, NY: higher priced homes
- Madrid, NY: higher priced homes
- Stockholm Center, NY: higher priced homes
Cities with Similar Populations
- Gold River, CA: higher priced homes
- Fort Ashby, WV: higher priced homes
- Fowler, IN: equally priced homes
- Marceline, MO: higher priced homes
- Belgrade, ME: higher priced homes
- Mount Pleasant Mills, PA: higher priced homes
- Naples, TX: equally priced homes
- Nashotah, WI: higher priced homes
- Pentwater, MI: higher priced homes
- Quartzsite, AZ: equally priced homes
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