A
60%
Med. Home Val. NAT. AVG.
47%
Rent NAT. AVG.
24%
Owner Occ. NAT. AVG.

Norwood Park Housing Information

IndexNorwood ParkChicagoIllinois
Median home price$521,350$478,036$308,565
Median rent asked$769$1,715$1,374
Avg. people per household2.22.52.6
Owner occupied households78.9%45.3%66.0%
Renter occupied households21.1%54.7%34.0%
See Local Housing Trends Before You Buy! Local Insights Report
  • See home value trends within a small radius
  • Understand local market conditions near your address
  • Use detailed data to choose the right home
Local Insights Report

Housing Quick Facts

  • The median home price in Norwood Park is 60% higher than the national average.
  • The median rent asked in Norwood Park is 47% lower than the national average.
  • The average number of people per household in Norwood Park is 17% lower than the national average.
  • The number of owner occupied households in Norwood Park is 24% higher than the national average.
  • The number of renter occupied households in Norwood Park is 42% lower than the national average.

Most Affordable Places to Live in and Around Norwood Park

See all the best places to live around Norwood Park

Compare Chicago, IL Housing

City Image
    City Default Image
      vs
      How would you rate real estate in Norwood Park?
      Write a review to give others more information about this area.
      How would you rate rentals in Norwood Park?
      Write a review to give others more information about this area.
      See all Norwood Park poll results

      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Maywood, IL23,986$283,66813%
      Bellwood, IL19,287$293,33610%
      Broadview, IL7,841$308,9985%
      Berkeley, IL5,266$313,8304%
      Stone Park, IL4,997$316,0493%
      Chicago, IL2,804,582$478,03646%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Houston, TX2,385,298$331,0831%
      Phoenix, AZ1,698,457$456,73740%
      Philadelphia, PA1,632,157$302,5647%
      San Antonio, TX1,573,237$280,58514%
      Los Angeles, CA4,130,831$1,207,485270%
      Chicago, IL2,804,582$478,03646%
      Source: The Norwood Park, Chicago, IL housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.