Norwood, MO Foreclosures
How much do homes sell for in Norwood, MO?
The average home price is currently $245,795.
In Norwood, MO, how many homes are available?
There are currently 21 active home listings available in Norwood.
What’s the average rental cost in Norwood, MO?
The average rental price in Norwood is $992.
What is the most expensive home in Norwood?
The most expensive home sold in Norwood had a price of $2,940,200.
What is currently the cheapest priced home in Norwood, MO?
The cheapest home for sale in Norwood is priced at $37,784.
Living in Norwood, MO
Norwood, MO is a peaceful small town that offers a blend of rural charm and modern conveniences. Known for its friendly community and access to outdoor activities, Norwood is ideal for families and individuals seeking tranquility. Enjoy picturesque landscapes and a slower pace of life while still being close to essential services and amenities.
Current Market Conditions in Norwood, MO
The real estate market in Norwood has shown steady growth over the past year, characterized by an increase in property values due to rising demand for homes in quiet, suburban settings. The market is particularly appealing to first-time homebuyers and those seeking vacation properties, given its proximity to natural attractions.
In recent months, the competitive nature of the housing market has intensified, leading to quicker sales and multiple offers on desirable properties. The inventory remains relatively low, which has contributed to higher home prices as more buyers look to settle in scenic areas like Norwood.
Home Value Estimator For Norwood, MO
There are currently 475 real estate properties
in Norwood, MO,
with a median automated valuation model (AVM) price
of $214,719.00. 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, MO, 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, MO,
is $245,795.00, with the most expensive house
in Norwood, MO, topping out
at $2,940,200.00 and the cheapest home
in Norwood, MO,
clocking in at $37,784.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Norwood, MO!
Rent Prices
In Norwood, MO
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Norwood, MO, is on
a rollercoaster ride. The
average rent price in Norwood, MO,
is $992.00. Indeed, when looking to rent in
Norwood, MO, you can expect to pay as little
as $610.00 or as much
as $1,740.00,
with the average rent median estimated to
be $960.00. The good news is that finding
an affordable and desirable property to rent in Norwood, MO
-- 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.
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