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Foreclosure Homes in Norwood, MA 02062

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Norwood, MA Foreclosures

How much do homes sell for in Norwood, MA?
The average home price is currently $777,902.
In Norwood, MA, how many homes are available?
There are currently 26 active home listings available in Norwood.
What’s the average rental cost in Norwood, MA?
The average rental price in Norwood is $2,254.
What is the most expensive home in Norwood?
The most expensive home sold in Norwood had a price of $99,688,664.
What is currently the cheapest priced home in Norwood, MA?
The cheapest home for sale in Norwood is priced at $30,272.

Living in Norwood, MA

Norwood is a charming suburban town located approximately 20 miles southwest of downtown Boston, offering a vibrant community with a rich history. Its quaint downtown area consists of a variety of shops, restaurants, and local businesses, while the surrounding neighborhoods provide a friendly family-oriented atmosphere. The town boasts excellent schools, beautiful parks, and easy access to public transportation, making it an ideal place to live for both families and professionals.

Current Market Conditions in Norwood, MA

The real estate market in Norwood, MA has remained strong, with a steady demand for single-family homes and townhouses. Properties in the area are seeing competitive pricing and limited inventory, making it an attractive option for buyers looking for a suburban lifestyle close to the city.

The popularity of Norwood is driven by its excellent schools, community-oriented atmosphere, and proximity to Boston. First-time homebuyers and families alike are drawn to the town, contributing to rising home prices and an active market.

Home Value Estimator For Norwood, MA

There are currently 8,185 real estate properties in Norwood, MA, with a median automated valuation model (AVM) price of $732,831.00. 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, MA, 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, MA, is $777,902.00, with the most expensive house in Norwood, MA, topping out at $99,688,664.00 and the cheapest home in Norwood, MA, clocking in at $30,272.00. In other words, there’s something for every potential homebuyer or savvy investor in Norwood, MA!

Rent Prices In Norwood, MA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Norwood, MA, is on a rollercoaster ride. The average rent price in Norwood, MA, is $2,254.00. Indeed, when looking to rent in Norwood, MA, you can expect to pay as little as $1,300.00 or as much as $4,230.00, with the average rent median estimated to be $2,290.00. The good news is that finding an affordable and desirable property to rent in Norwood, MA -- 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, MA 02062 Foreclosures

Market Trend for Norwood, MA

Total Listings Available: 26

Market Values:

Home Prices from $30,272 to $99,688,664

Average Sales Price: $777,902

Rental Values:

Rental from $1,300 to $4,230

Average Rent Value: $2,254 / month

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