Norwood Housing Information - Census

IndexNorwoodNew JerseyNational
Median home price$616,600$319,900$175,700
Median rent asked$1,562$1,188$920
Avg. people per household2.82.72.6
Owner occupied households85.1%65.0%64.4%
Renter occupied households14.9%35.0%35.6%

Norwood Housing Information - Zillow

IndexNorwoodNew JerseyNational
Zillow home value index$532,000$292,900$188,100
Year over year appreciation rate3.85%2.52%5.14%
5 year average appreciation rate1.39%1.23%4.12%
10 year average appreciation rate-1.74%-2.24%-0.33%

Did you know?

  • The median home price in Norwood is 251% higher than the national average.
  • The median rent asked in Norwood is 70% higher than the national average.
  • The average number of people per household in Norwood is 8% higher than the national average.
  • The number of owner occupied households in Norwood is 32% higher than the national average.
  • The number of renter occupied households in Norwood is 58% lower than the national average.

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Compare Norwood, NJ Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Teterboro, NJ56$0100%
Greenville, NY573$160,3009%
Mount Ivy, NY6,926$231,20032%
Silver Lake, NJ3,594$257,80047%
Paterson, NJ146,341$262,20049%
Norwood, NJ5,769$616,600251%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Comstock Northwest, MI5,769$138,90021%
Lake Mills, WI5,768$165,5006%
Holdenville, OK5,768$53,30070%
Lucerne Valley, CA5,767$106,20040%
Belding, MI5,764$79,20055%
Norwood, NJ5,769$616,600251%
Source: The Norwood, NJ housing data displayed above is derived from the United States Census Bureau and Zillow data.