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Multi-family Foreclosures in Norwood, CO

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Norwood, CO Foreclosures

How much do homes sell for in Norwood, CO?
The average home price is currently $512,347.
In Norwood, CO, how many homes are available?
There are currently 1 active home listings available in Norwood.
What’s the average rental cost in Norwood, CO?
The average rental price in Norwood is $1,588.
What is the most expensive home in Norwood?
The most expensive home sold in Norwood had a price of $7,181,905.
What is currently the cheapest priced home in Norwood, CO?
The cheapest home for sale in Norwood is priced at $87,200.

Living in Norwood, CO

Norwood is a small, picturesque town nestled in the San Miguel County of Colorado. Known for its stunning natural beauty and proximity to outdoor recreational activities, it acts as a gateway to the San Juan Mountains. Residents appreciate the charming community atmosphere, friendly locals, and access to both vibrant arts and outdoor adventures.

Current Market Conditions in Norwood, CO

Norwood's real estate market remains stable, with a modest increase in home values over the past year. As a desirable location for those seeking a retreat from city life, interest in local properties has led to more listings available on the market.

Prospective buyers are drawn to Norwood not only for its beauty but also for its affordability compared to more urban areas in Colorado. This trend has attracted young families and retirees alike, contributing to a thriving local market.

Home Value Estimator For Norwood, CO

There are currently 750 real estate properties in Norwood, CO, with a median automated valuation model (AVM) price of $397,632.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Norwood, CO, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Norwood, CO, is $512,347.00, with the most expensive house in Norwood, CO, topping out at $7,181,905.00 and the cheapest home in Norwood, CO, clocking in at $87,200.00. In other words, there’s something for every potential homebuyer or savvy investor in Norwood, CO!

Rent Prices In Norwood, CO

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Norwood, CO, is on a rollercoaster ride. The average rent price in Norwood, CO, is $1,588.00. Indeed, when looking to rent in Norwood, CO, you can expect to pay as little as $740.00 or as much as $4,660.00, with the average rent median estimated to be $1,480.00. The good news is that finding an affordable and desirable property to rent in Norwood, CO -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Norwood, CO Multi-family Homes


Market Trend for Norwood, CO

Total Listings Available: 1

Market Values:

Home Prices from $87,200 to $7,181,905

Average Sales Price: $512,347

Rental Values:

Rental from $740 to $4,660

Average Rent Value: $1,588 / month

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