USA.com / North Carolina / Stanly County / Norwood, NC / Housing

Norwood, NC Housing

Basic InfoPopulation/RacesIncome/CareersHousingEducationCrime/Crime RateOthers

Hot Rankings

Fastest / Slowest Growing Cities Nearby

Best / Worst Cities by Crime Rate Nearby

Richest / Poorest Cities by Income Nearby

Expensive / Cheapest Homes Nearby

Most / Least Educated Cities Nearby

Fastest / Slowest Growing Cities in NC

High / Low NC Cities by Males Employed

High / Low NC Cities by Females Employed

Best / Worst Cities by Crime Rate in NC

Richest / Poorest Cities by Income in NC

Expensive / Cheapest Homes by City in NC

Most / Least Educated Cities in NC

As of 2010-2014, median price of a house in Norwood is $106,300, which is lower than the state average of $153,600 and is much lower than the national average of $175,700. The Norwood median house value has grown by 48.46% since 2000. The growth rate for the price of a house in Norwood is higher than the state average rate of 41.83% and is about the same as the national average rate of 46.91%. The median year that a house in Norwood was built is 1960, which is older than the median year for a house built in the state which is 1986 and is older than the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 706 Owner Occupied Houses in Norwood, NC, #437

Norwood, NC	106,300 USD
North Carolina	153,600 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, #234

Norwood, NC	48.46%
North Carolina	41.83%
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, NC	North Carolina	U.S.
Total Housing Units	1,550, see rank, 100%	4,385,668	132,741,033
Occupied Housing Units	1,041, 67.16%, see rank	85.34%	87.55%
Owner Occupied	706, 45.55%, see rank	56.13%	56.34%
Renter Occupied	335, 21.61%, see rank	29.20%	31.21%
Vacant Housing Units	509, 32.84%, see rank	14.66%	12.45%
For Rent	44, 2.84%, see rank	2.65%	2.34%
For Sale Only	0, 0.00%, see rank	1.41%	1.20%
Rented or Sold, Not Occupied	5, 0.32%, see rank	0.78%	0.92%
For Seasonal, Recreational, or Occasional Use	365, 23.55%, see rank	4.81%	3.97%
For Migrant Workers	5, 0.32%, see rank	0.03%	0.03%
Other Vacant	90, 5.81%, see rank	4.98%	4.00%

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

Year Structure Built

Median Built Year, #668

Norwood, NC	North Carolina	U.S.
1960	1986	1976

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, NC	%	North Carolina	U.S.
Owner-Occupied Units	706	100%	2,461,741	74,787,460
With a Mortgage	460	65.16%, see rank	66.10%	65.58%
Without a Mortgage	246	34.84%, see rank	33.90%	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, NC	1,018 USD
North Carolina	1,272 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	Norwood, NC	%	North Carolina	U.S.
$299 or Less	0	0.00%, see rank	0.29%	0.20%
$300 to $499	16	3.48%, see rank	2.34%	1.59%
$500 to $699	58	12.61%, see rank	6.85%	5.01%
$700 to $999	149	32.39%, see rank	20.33%	14.32%
$1,000 to $1,499	144	31.30%, see rank	34.42%	27.90%
$1,500 to $1,999	51	11.09%, see rank	18.69%	20.35%
$2,000 to $2,999	34	7.39%, see rank	12.57%	19.52%
$3,000 or More	8	1.74%, see rank	4.51%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Norwood, NC	24.50% of the Total Income
North Carolina	22.60% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Norwood, NC	%	North Carolina	U.S.
10% or Less	0	0.00%, see rank	6.41%	5.86%
10% to 20%	164	35.65%, see rank	34.98%	31.95%
20% to 30%	143	31.09%, see rank	27.06%	27.64%
30% to 40%	46	10.00%, see rank	12.56%	13.74%
40% or More	107	23.26%, see rank	18.39%	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, NC	356 USD
North Carolina	373 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	Norwood, NC	%	North Carolina	U.S.
$199 or Less	16	6.50%, see rank	10.23%	7.76%
$200 to $299	86	34.96%, see rank	21.81%	14.70%
$300 to $499	106	43.09%, see rank	41.59%	34.63%
$500 to $699	38	15.45%, see rank	16.79%	21.16%
$700 to $999	0	0.00%, see rank	0.00%	0.00%
$1,000 or More	0	0.00%, see rank	0.00%	0.00%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Norwood, NC	12.20% of the Total Income
North Carolina	11.90% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Norwood, NC	%	North Carolina	U.S.
10% or Less	91	36.99%, see rank	41.92%	40.19%
10% to 20%	88	35.77%, see rank	31.16%	31.47%
20% to 30%	47	19.11%, see rank	12.06%	12.24%
30% to 40%	4	1.63%, see rank	5.28%	5.64%
40% or More	10	4.07%, see rank	8.16%	9.16%

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

Units in Structure

	Norwood, NC	North Carolina	U.S.
Total Housing Units	1,550, 100%	4,385,668	132,741,033
1-unit, Detached	1,366, 88.13%, see rank	65.33%	61.65%
1-unit, Attached	27, 1.74%, see rank	3.82%	5.82%
2 Units	8, 0.52%, see rank	2.14%	3.75%
3 or 4 Units	7, 0.45%, see rank	2.74%	4.43%
5 to 9 Units	63, 4.06%, see rank	4.44%	4.78%
10 or More Units	0, 0.00%, see rank	7.98%	13.08%
Mobile Home, Boat, RV, Van, etc.	79, 5.10%, see rank	13.55%	6.49%

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

Rooms

	Norwood, NC	North Carolina	U.S.
Total Housing Units	1,550, 100%	4,385,668	132,741,033
1 Room	0, 0.00%, see rank	1.18%	1.95%
2 Rooms	0, 0.00%, see rank	1.51%	2.48%
3 Rooms	138, 8.90%, see rank	6.93%	9.13%
4 Rooms	386, 24.90%, see rank	17.44%	16.60%
5 Rooms	485, 31.29%, see rank	23.63%	20.41%
6 Rooms	307, 19.81%, see rank	18.81%	18.06%
7 Rooms	135, 8.71%, see rank	12.36%	12.27%
8 Rooms	66, 4.26%, see rank	8.08%	8.48%
9 Rooms or More	33, 2.13%, see rank	10.08%	10.60%
Median Rooms	5.00, see rank	5.50	5.50

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

Bedrooms

	Norwood, NC	North Carolina	U.S.
Total Housing Units	1,550, 100%	4,385,668	132,741,033
No Bedroom	0, 0.00%, see rank	1.26%	2.17%
1 Bedroom	25, 1.61%, see rank	6.61%	11.16%
2 Bedrooms	641, 41.35%, see rank	26.47%	26.69%
3 Bedrooms	737, 47.55%, see rank	47.54%	39.70%
4 Bedrooms	139, 8.97%, see rank	14.55%	16.05%
5 or More Bedrooms	8, 0.52%, see rank	3.57%	4.22%

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

House Heating Fuel

	Norwood, NC	North Carolina	U.S.
Total Housing Units	1,041, 100%	3,742,514	116,211,092
Utility Gas	123, 11.82%, see rank	24.68%	48.85%
Bottled, Tank, or LP Gas	176, 16.91%, see rank	8.00%	4.86%
Electricity	648, 62.25%, see rank	60.27%	36.68%
Fuel Oil, Kerosene, etc.	87, 8.36%, see rank	4.34%	5.86%
Coal or Coke	0, 0.00%, see rank	0.01%	0.12%
Wood	0, 0.00%, see rank	2.17%	2.12%
Solar Energy	0, 0.00%, see rank	0.03%	0.05%
Other Fuel	7, 0.67%, see rank	0.15%	0.47%
No Fuel Used	0, 0.00%, see rank	0.35%	1.00%

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

Gross Rent

Monthly Rental	Norwood, NC	North Carolina	U.S.
Occupied Units Paying Rent	286, 100%	1,186,631	39,201,928
$199 or Less	0, 0.00%, see rank	1.77%	1.50%
$200 to $299	0, 0.00%, see rank	3.01%	3.18%
$300 to $499	20, 6.99%, see rank	9.02%	7.37%
$500 to $699	150, 52.45%, see rank	23.78%	16.01%
$700 to $999	104, 36.36%, see rank	35.90%	29.17%
$1,000 to $1,499	12, 4.20%, see rank	21.06%	26.88%
$1,500 to $1,999	0, 0.00%, see rank	3.82%	9.79%
$2,000 or More	0, 0.00%, see rank	1.64%	6.10%
Median	$680, see rank	$790	$920

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

Vehicle Available

	Norwood, NC	North Carolina	U.S.
Occupied Housing Units	1,041, 100%	3,742,514	116,211,092
No Vehicles Available	68, 6.53%, see rank	6.54%	9.12%
1 Vehicles Available	312, 29.97%, see rank	32.77%	33.80%
2 Vehicles Available	379, 36.41%, see rank	38.61%	37.48%
3 or More Vehicles Available	282, 27.09%, see rank	22.08%	19.61%

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