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Norwood, NJ Real Estate & Property Data

Norwood Real Estate Market Trends

Last Updated: May 03, 2024

Accurate and comprehensive real estate data is critical for insight into Norwood, NJ. ATTOM’s Norwood real estate data is updated daily, and current market trends show that in Norwood, NJ a total of 70 residential properties have sold over the past year. With a median home price of $1,717,500 in Norwood and a total of 1 foreclosures. Get detailed property data for Norwood, NJ instantly. ATTOM is your one-stop-shop for the Norwood property reports and real estate data you need in Norwood, NJ.

Norwood Real Estate Market Trends

Get property data for any address in Norwood, NJ or the country:

Total Residential Properties 1,993

Total Commercial Properties 53

Avg. Home Age (Single Family Home) 57 Years

Avg. Square Feet (Single Family Home) 2,591

Total 2024 Residential Sales (year-to-date) 8

% of Homes Seriously Underwater (Q2 2024) 0.65%

Total 2023 Residential Sales 71

% of Equity Rich Homes (Q2 2024) 42.35%

Effective 2023 Property Tax 1.67%

Total Foreclosure Filings (year-to-date) 2

Norwood, NJ Real Estate Overview

There were 70 residential properties sold in the past year in Norwood, NJ. The median home value in Norwood, NJ is $754,600. There are a total of 1,993 residential properties in the Norwood.

Median Sales Price i

$1,717,500

(Mar 2024)

March '24 Mar '24 $1,717,500
February '24 Feb '24 N/A
January '24 Jan '24 $1,150,000
December '23 Dec '23 $1,315,000
November '23 Nov '23 $1,030,000
October '23 Oct '23 $775,000
September '23 Sep '23 $620,000
August '23 Aug '23 $1,015,500
July '23 Jul '23 $600,000
June '23 Jun '23 $3,125,000
May '23 May '23 N/A
April '23 Apr '23 $582,000

Median Down Payment i

$980,225

(Mar 2024)

March '24 Mar '24 $980,225
February '24 Feb '24 N/A
January '24 Jan '24 $500,000
December '23 Dec '23 $263,000
November '23 Nov '23 $450,000
October '23 Oct '23 $187,500
September '23 Sep '23 $250,000
August '23 Aug '23 $205,000
July '23 Jul '23 $89,000
June '23 Jun '23 $745,000
May '23 May '23 N/A
April '23 Apr '23 $240,000

Number of Homes Sold i

3

(Mar 2024)

+50%

year-over-year

y-o-y

March '24 Mar '24 3
February '24 Feb '24 N/A
January '24 Jan '24 5
December '23 Dec '23 7
November '23 Nov '23 4
October '23 Oct '23 11
September '23 Sep '23 4
August '23 Aug '23 12
July '23 Jul '23 11
June '23 Jun '23 7
May '23 May '23 2
April '23 Apr '23 2

Number of Purchase Loans i

3

(Mar 2024)

+200%

year-over-year

y-o-y

March '24 Mar '24 3
February '24 Feb '24 N/A
January '24 Jan '24 3
December '23 Dec '23 6
November '23 Nov '23 4
October '23 Oct '23 5
September '23 Sep '23 3
August '23 Aug '23 8
July '23 Jul '23 4
June '23 Jun '23 3
May '23 May '23 N/A
April '23 Apr '23 1

Number of REFI Loans i

2

(Mar 2024)

-33.3%

year-over-year

y-o-y

March '24 Mar '24 2
February '24 Feb '24 3
January '24 Jan '24 1
December '23 Dec '23 3
November '23 Nov '23 2
October '23 Oct '23 1
September '23 Sep '23 2
August '23 Aug '23 2
July '23 Jul '23 1
June '23 Jun '23 3
May '23 May '23 1
April '23 Apr '23 1

Number of HELOC Loans i

3

(Mar 2024)

+200%

year-over-year

y-o-y

March '24 Mar '24 3
February '24 Feb '24 1
January '24 Jan '24 N/A
December '23 Dec '23 4
November '23 Nov '23 2
October '23 Oct '23 N/A
September '23 Sep '23 1
August '23 Aug '23 2
July '23 Jul '23 1
June '23 Jun '23 3
May '23 May '23 4
April '23 Apr '23 5

Norwood, NJ Real Estate Market Overview

Last 30 days

Zip
Median Est. Value

07648
$754,600 $291.22/sqft

Norwood, NJ Foreclosure Activity

There were a total of 1 Norwood, NJ properties with a foreclosure filing in March 2024.

Total Foreclosure Filings i

1

(Mar 2024)

March '24 Mar '24 1
February '24 Feb '24 N/A
January '24 Jan '24 1
December '23 Dec '23 N/A
November '23 Nov '23 1
October '23 Oct '23 1
September '23 Sep '23 N/A
August '23 Aug '23 1
July '23 Jul '23 N/A
June '23 Jun '23 N/A
May '23 May '23 1
April '23 Apr '23 1

Foreclosure Starts i

1

(Mar 2024)

March '24 Mar '24 1
February '24 Feb '24 N/A
January '24 Jan '24 1
December '23 Dec '23 N/A
November '23 Nov '23 1
October '23 Oct '23 N/A
September '23 Sep '23 N/A
August '23 Aug '23 1
July '23 Jul '23 N/A
June '23 Jun '23 N/A
May '23 May '23 N/A
April '23 Apr '23 1

Completed Foreclosures (REOs) i

March '24 Mar '24 N/A
February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 N/A
November '23 Nov '23 N/A
October '23 Oct '23 N/A
September '23 Sep '23 1
August '23 Aug '23 N/A
July '23 Jul '23 N/A
June '23 Jun '23 N/A
May '23 May '23 N/A
April '23 Apr '23 N/A

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