Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Norwood Young America area can be challenging. Home prices in Norwood Young America are now at a median cost of $235,836, lower than the Minnesota average of $269,934.
The average cost of rent is $1,049/mo in Norwood Young America, primarily driven by the current value of real estate in the Norwood Young America area. While nearly 24.50% of residents own their homes outright in Norwood Young America, 25.00% rent.
Housing affordability isn’t just about home prices, though. The average household income in Norwood Young America is $6,354 per month. Households that rent pay about 16.51% of their income on rent here. Norwood Young America's most expensive areas are in the southern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Young America, MN: higher priced homes
- Hamburg, MN: equally priced homes
- Norwood, MN: higher priced homes
- Plato, MN: higher priced homes
- Cologne, MN: higher priced homes
- Green Isle, MN: higher priced homes
- Waconia, MN: higher priced homes
- Mayer, MN: higher priced homes
- Gotha, MN: higher priced homes
- New Germany, MN: higher priced homes
Cities with Similar Populations
- Starr, SC: less expensive homes
- McLendon-Chisholm, TX: higher priced homes
- Sunnyslope, WA: higher priced homes
- Port Vue, PA: less expensive homes
- Meadow Vista, CA: higher priced homes
- Meadowbrook, CA: higher priced homes
- Pound, VA: less expensive homes
- Powell Butte, OR: higher priced homes
- Strasburg, OH: less expensive homes
- Presidio, TX: less expensive homes
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