Housing in Norwood, CO
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Zillow — January 2026Zillow Home Value Index
$456,309
Norwood vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Norwood is highlighted.
Median Home Value
79th%ilemost expensive$341,800show rank
Median Rent
77th%ilemost expensive rent$1,357show rank
Rent Burden
93rd%ilehighest rent burden28.9%show rank
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$341,800
Median Rent
$1,357
Total Housing Units
279
Vacancy Rate
12.5%
Owner Occupied
59.8%
Renter Occupied
40.2%
Median Property Tax
$1,125
per year
Monthly Cost (w/ Mortgage)
$1,088
Housing Types
Single Family77.1%
Multi-Family8.2%
Mobile Home14.7%
The median home value in Norwood, CO is $341,800. According to Zillow, the home value index for Norwood is $456,309. The median rent is $1,357 per month (Census ACS). About 59.8% of housing units are owner-occupied. The median year homes were built is 1979. There are 279 total housing units.