Norwood's October First-Time Homebuyer Report

The population of Norwood is growing slower than the rest of Massachusetts, at a 10-year growth rate of 0.2%. It's a larger than average city compared to the rest of the state, with 28,602 residents. Homes in Norwood are older than most with a median age of 52 years. Topping the list of best schools in the city is Charles J Prescott.

Price Range

Some of the more expensive homes in Massachusetts are in Norwood with a median home value of $328,600 and an average list price for available homes currently at $444,926.

Out of all the listings in Norwood, these have been viewed the most. So be sure to see what all the fuss is about with these fabulous homes.

$450K   $325K   $689K  

Typical Dwelling

A three-bedroom detached home valued around $415,247 is considered a typical dwelling in Norwood. If a buyer was looking for a similar home, they would need good credit and a $83,049 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $1,993 and the property tax rate is $11.91 per $1,000 of taxable assessed value.

Get started right now by checking out Norwood homes for sale or reviewing Norwood real estate trends.


Data reported through 10/13/2016

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