Housing in Norwood, MA

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$700,000

Median List Price

$729,000

Price Per Sq Ft

$413

Days on Market

33

Active Inventory

11

Months of Supply

1.2

Seller's market

Zillow Home Value

$707,005

ZHVI — January 2026

Zillow Rent Index

$2,592

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 21.7%List Price 2.1%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

66.7%

Off Market in 2 Weeks

22.2%

Sale-to-List Ratio

102.2%

Seller's market

Sold Above Asking
66.7%
Under Contract in 2 Wks
22.2%
Listings with Price Drops
27.3%

Market Activity

Source: Redfin

Homes Sold

9

New Listings

9

Pending Sales

9

Homes Sold 28.6%New Listings 50.0%Pending 0.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$413

Median List $/SF

$427

Sale $/SF 5.6%List $/SF 8.9%Mar 24Jan 26

Norwood vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 25,000 - 50,000 residents. Norwood is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$613,500

Median Rent

$2,056

Total Housing Units

13,961

Vacancy Rate

4.7%

Owner Occupied

51.8%

Renter Occupied

48.2%

Median Property Tax

$5,868

per year

Monthly Cost (w/ Mortgage)

$2,003

Housing Types

Single Family
51.1%
Multi-Family
48.9%
Mobile Home
0.1%

The current median sale price in Norwood, MA is $700,000 according to Redfin data. Homes spend a median of 33 days on the market. 66.7% of homes sold above asking price. The market has 1.2 months of supply. The median price per square foot is $413. Zillow's observed rent index is $2,592/month. About 51.8% of housing units are owner-occupied. The median year homes were built is 1961. There are 13,961 total housing units.