Housing in Norwood, MI

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

Norwood vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Norwood is highlighted.

Median Home Value

70th%ilemost expensive$266,100show rank

Census Housing Data

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

Median Home Value

$266,100

Median Rent

N/A

Total Housing Units

113

Vacancy Rate

52.2%

Owner Occupied

94.4%

Renter Occupied

5.6%

Median Property Tax

$2,568

per year

Monthly Cost (w/ Mortgage)

$1,011

Housing Types

Single Family

97.3%

Multi-Family

2.6%

Mobile Home

0.0%

The median home value in Norwood, MI is $266,100. About 94.4% of housing units are owner-occupied. The median year homes were built is 1982. There are 113 total housing units.