Housing in Norwood, NC
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$947,000
Median List Price
$467,500
Price Per Sq Ft
$328
Days on Market
110
Active Inventory
15
Months of Supply
3.8
Seller's market
Zillow Home Value
$276,704
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Off Market in 2 Weeks
25.0%
Sale-to-List Ratio
97.3%
Buyer's market
Market Activity
Source: RedfinHomes Sold
4
New Listings
4
Pending Sales
4
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$328
Median List $/SF
$343
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
$178,900
Median Rent
$891
Total Housing Units
1,514
Vacancy Rate
22.4%
Owner Occupied
64.3%
Renter Occupied
35.7%
Median Property Tax
$1,277
per year
Monthly Cost (w/ Mortgage)
$993
Housing Types
The current median sale price in Norwood, NC is $947,000 according to Redfin data. Homes spend a median of 110 days on the market. 0.0% of homes sold above asking price. The market has 3.8 months of supply. The median price per square foot is $328. The median rent is $891 per month (Census ACS). About 64.3% of housing units are owner-occupied. The median year homes were built is 1964. There are 1,514 total housing units.