Housing · Norwood

Norwood, PA housing market

The typical Norwood home is worth about $293,000, up 1% in a year, close to the Pennsylvania typical home. Homes typically sell in 56 days, below asking.

Home values, sales, trends and how Norwood compares with the towns next door — updated as new data is published.

The market right now

Norwood at a glance

Typical home value
$293K
▲ 1% in a year · Zillow
Median sale price
$463K
May 2026 · Redfin
Days on market
56
Pennsylvania: 30 days
Sale-to-list
88.5%
Homes sell below asking
Homes sold
5
in May · 8 for sale
Market temperature

A strong seller's market

Buyer's marketBalancedSeller's market

Homes are selling faster than new ones are listed: less than two months of supply. Well-priced homes can draw several offers.

Ten-year trend

Typical home value, 2016–2026

NorwoodPennsylvania
$150K$175K$200K$225K$250K$275K$300K 20182020202220242026 Norwood $293K Pennsylvania $290K
Show as a table
JanuaryNorwoodPennsylvania
2017$160,000$173,000
2018$167,000$181,000
2019$178,000$188,000
2020$190,000$198,000
2021$216,000$219,000
2022$234,000$240,000
2023$256,000$257,000
2024$271,000$268,000
2025$288,000$280,000
2026$291,000$287,000
August 2026$293,000$290,000
Nearby

Norwood and its neighbors

The towns that share a border. Tap one to see its housing page.
TownTypical value1-yr changeDays on marketMedian income
Norwood $293K +1% 56 $96,134
Folcroft $218K +0.8% 29 $61,306
Glenolden $241K 0% — $72,786
Prospect Park $290K −1.6% — $63,077
Affordability

3 years of income

The typical Norwood home costs about 3 years of the town's median household income, less than across Pennsylvania (3.7 years).

How Norwood ranks on affordability →

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
75.7%
Pennsylvania: 69.3%
Median tax bill
$5,751
Pennsylvania: $3,311
Median rent
$1,409
Pennsylvania: $1,209
Typical home built
1951
Pennsylvania: 1965

U.S. Census Bureau, ACS 2020-2024.

Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.

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Norwood

Pennsylvania · PA
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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/18 · 2025-01-01