Housing in Norwood, NJ
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$543,095
Median List Price
$939,999
Price Per Sq Ft
$473
Days on Market
103
Active Inventory
12
Months of Supply
6.0
Balanced market
Zillow Home Value
$869,258
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
50.0%
Off Market in 2 Weeks
0.0%
Sale-to-List Ratio
100.1%
Seller's market
Market Activity
Source: RedfinHomes Sold
2
New Listings
3
Pending Sales
4
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$473
Median List $/SF
$375
Norwood vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 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
$676,400
Median Rent
$2,446
Total Housing Units
2,048
Vacancy Rate
3.3%
Owner Occupied
80.2%
Renter Occupied
19.8%
Median Property Tax
$10,001
per year
Monthly Cost (w/ Mortgage)
$3,232
Housing Types
The current median sale price in Norwood, NJ is $543,095 according to Redfin data. Homes spend a median of 103 days on the market. 50.0% of homes sold above asking price. The market has 6.0 months of supply. The median price per square foot is $473. The median rent is $2,446 per month (Census ACS). About 80.2% of housing units are owner-occupied. The median year homes were built is 1979. There are 2,048 total housing units.