Housing in Norwood, OH

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$245,000

Median List Price

$319,700

Price Per Sq Ft

$129

Days on Market

118

Active Inventory

55

Months of Supply

3.9

Seller's market

Zillow Home Value

$237,303

ZHVI — January 2026

Zillow Rent Index

$1,334

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 5.0%List Price 16.3%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

32.0%

Sale-to-List Ratio

95.5%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
32.0%
Listings with Price Drops
27.3%

Market Activity

Source: Redfin

Homes Sold

14

New Listings

22

Pending Sales

25

Homes Sold 39.1%New Listings 12.0%Pending 16.7%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$129

Median List $/SF

$168

Sale $/SF 17.8%List $/SF 7.2%Mar 24Jan 26

Norwood vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 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

$228,300

Median Rent

$925

Total Housing Units

9,892

Vacancy Rate

11.0%

Owner Occupied

47.2%

Renter Occupied

52.8%

Median Property Tax

$2,807

per year

Monthly Cost (w/ Mortgage)

$1,322

Housing Types

Single Family
53.9%
Multi-Family
45.8%
Mobile Home
0.3%

The current median sale price in Norwood, OH is $245,000 according to Redfin data. Homes spend a median of 118 days on the market. 0.0% of homes sold above asking price. The market has 3.9 months of supply. The median price per square foot is $129. Zillow's observed rent index is $1,334/month. About 47.2% of housing units are owner-occupied. The median year homes were built is 1938. There are 9,892 total housing units.