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Norwood, MA Housing

 
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As of 2010-2014, median price of a house in Norwood is $376,800, which is higher than the state average of $329,900 and is much higher than the national average of $175,700. The Norwood median house value has grown by 71.43% since 2000. The growth rate for the price of a house in Norwood is lower than the state average rate of 77.65% and is higher than the national average rate of 46.91%. The median year that a house in Norwood was built is 1959, which is about the same as the median year for a house built in the state which is 1959 and is older than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 6,648 Owner Occupied Houses in Norwood, MA, #75
Norwood, MA
376,800 USD
Massachusetts
329,900 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #125
Norwood, MA
71.43%
Massachusetts
77.65%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Norwood, MAMassachusettsU.S.
Total Housing Units12,068, see rank, 100%2,816,875132,741,033
Occupied Housing Units11,623, 96.31%, see rank90.12%87.55%
Owner Occupied6,648, 55.09%, see rank56.12%56.34%
Renter Occupied4,975, 41.22%, see rank33.99%31.21%
Vacant Housing Units445, 3.69%, see rank9.88%12.45%
For Rent108, 0.89%, see rank1.67%2.34%
For Sale Only9, 0.07%, see rank0.74%1.20%
Rented or Sold, Not Occupied7, 0.06%, see rank0.77%0.92%
For Seasonal, Recreational, or Occasional Use9, 0.07%, see rank4.29%3.97%
For Migrant Workers0, 0.00%, see rank0.01%0.03%
Other Vacant312, 2.59%, see rank2.40%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #106
Norwood, MAMassachusettsU.S.
195919591976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Norwood, MA%MassachusettsU.S.
Owner-Occupied Units6,648100%1,580,93874,787,460
With a Mortgage4,36465.64%, see rank71.18%65.58%
Without a Mortgage2,28434.36%, see rank28.82%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Norwood, MA
2,177 USD
Massachusetts
2,095 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsNorwood, MA%MassachusettsU.S.
$299 or Less40.09%, see rank0.09%0.20%
$300 to $499400.92%, see rank0.49%1.59%
$500 to $699410.94%, see rank1.47%5.01%
$700 to $9992355.38%, see rank4.74%14.32%
$1,000 to $1,49952512.03%, see rank16.44%27.90%
$1,500 to $1,99995221.81%, see rank22.84%20.35%
$2,000 to $2,9991,77940.77%, see rank34.83%19.52%
$3,000 or More78818.06%, see rank19.10%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Norwood, MA
23.30% of the Total Income
Massachusetts
24.60% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Norwood, MA%MassachusettsU.S.
10% or Less3778.64%, see rank5.29%5.86%
10% to 20%1,33030.48%, see rank29.25%31.95%
20% to 30%1,30729.95%, see rank29.39%27.64%
30% to 40%67815.54%, see rank14.83%13.74%
40% or More67215.40%, see rank20.86%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Norwood, MA
626 USD
Massachusetts
707 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsNorwood, MA%MassachusettsU.S.
$199 or Less00.00%, see rank1.57%7.76%
$200 to $299572.50%, see rank2.45%14.70%
$300 to $49938016.64%, see rank16.27%34.63%
$500 to $6991,03545.32%, see rank28.91%21.16%
$700 or More81235.55%, see rank50.80%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Norwood, MA
14.30% of the Total Income
Massachusetts
14.90% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Norwood, MA%MassachusettsU.S.
10% or Less73232.05%, see rank31.52%40.19%
10% to 20%77233.80%, see rank31.52%31.47%
20% to 30%42018.39%, see rank14.65%12.24%
30% to 40%1355.91%, see rank7.86%5.64%
40% or More2109.19%, see rank13.41%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Norwood, MAMassachusettsU.S.
Total Housing Units12,068, 100%2,816,875132,741,033
1-unit, Detached5,570, 46.16%, see rank52.24%61.65%
1-unit, Attached615, 5.10%, see rank5.19%5.82%
2 Units1,419, 11.76%, see rank10.16%3.75%
3 or 4 Units1,042, 8.63%, see rank10.94%4.43%
5 to 9 Units836, 6.93%, see rank5.95%4.78%
10 or More Units2,569, 21.29%, see rank14.65%13.08%
Mobile Home, Boat, RV, Van, etc.17, 0.14%, see rank0.87%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Norwood, MAMassachusettsU.S.
Total Housing Units12,068, 100%2,816,875132,741,033
1 Room424, 3.51%, see rank2.33%1.95%
2 Rooms294, 2.44%, see rank3.02%2.48%
3 Rooms1,402, 11.62%, see rank10.03%9.13%
4 Rooms2,297, 19.03%, see rank15.77%16.60%
5 Rooms1,739, 14.41%, see rank18.26%20.41%
6 Rooms1,879, 15.57%, see rank17.63%18.06%
7 Rooms1,362, 11.29%, see rank12.23%12.27%
8 Rooms1,363, 11.29%, see rank9.28%8.48%
9 Rooms or More1,308, 10.84%, see rank11.45%10.60%
Median Rooms5.40, see rank5.505.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Norwood, MAMassachusettsU.S.
Total Housing Units12,068, 100%2,816,875132,741,033
No Bedroom424, 3.51%, see rank2.56%2.17%
1 Bedroom1,864, 15.45%, see rank14.08%11.16%
2 Bedrooms3,566, 29.55%, see rank28.19%26.69%
3 Bedrooms4,109, 34.05%, see rank34.72%39.70%
4 Bedrooms1,730, 14.34%, see rank16.00%16.05%
5 or More Bedrooms375, 3.11%, see rank4.45%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Norwood, MAMassachusettsU.S.
Total Housing Units11,623, 100%2,538,485116,211,092
Utility Gas7,207, 62.01%, see rank49.70%48.85%
Bottled, Tank, or LP Gas103, 0.89%, see rank2.86%4.86%
Electricity1,119, 9.63%, see rank14.23%36.68%
Fuel Oil, Kerosene, etc.3,013, 25.92%, see rank30.36%5.86%
Coal or Coke0, 0.00%, see rank0.13%0.12%
Wood35, 0.30%, see rank1.69%2.12%
Solar Energy0, 0.00%, see rank0.03%0.05%
Other Fuel127, 1.09%, see rank0.65%0.47%
No Fuel Used19, 0.16%, see rank0.35%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalNorwood, MAMassachusettsU.S.
Occupied Units Paying Rent4,859, 100%924,80939,201,928
$199 or Less52, 1.07%, see rank2.07%1.50%
$200 to $299136, 2.80%, see rank5.74%3.18%
$300 to $499239, 4.92%, see rank7.69%7.37%
$500 to $699263, 5.41%, see rank8.07%16.01%
$700 to $999853, 17.56%, see rank20.08%29.17%
$1,000 to $1,4991,913, 39.37%, see rank31.42%26.88%
$1,500 to $1,9991,125, 23.15%, see rank15.67%9.79%
$2,000 or More278, 5.72%, see rank9.27%6.10%
Median$1,229, see rank$1,088$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Norwood, MAMassachusettsU.S.
Occupied Housing Units11,623, 100%2,538,485116,211,092
No Vehicles Available923, 7.94%, see rank12.57%9.12%
1 Vehicles Available4,600, 39.58%, see rank36.07%33.80%
2 Vehicles Available4,556, 39.20%, see rank36.51%37.48%
3 or More Vehicles Available1,544, 13.28%, see rank14.84%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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