Norwood, NJ—07648
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$860,000
3.2% YoY Growth
Household Income
$165,000
29.3% YoY Growth
Days on Market
58
61.0% Longer YoY
Home Price Forecast
1.6%
Median Rent
$3,500
18.1% YoY Growth
1-Bed Rent
$2,100
13.9% YoY Growth
2-Bed Rent
$2,600
19.4% YoY Growth
3-Bed Rent
$4,250
2.4% YoY Growth
Home Price Trends — Norwood, NJ
As of Dec '25, the median home price in Norwood, NJ is $860,000, with a year-over-year change of 3.2%. This indicates that home prices in Norwood, NJ are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $860,000 | 3.2% |
| Single Family | $885,000 | 3.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |