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Foreclosure Homes in Norwood, MO

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Norwood, MO Foreclosures

How much do homes sell for in Norwood, MO?
The average home price is currently $247,806.
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 $37,919.

Living in Norwood, MO

Norwood, MO is a charming small town that offers a peaceful lifestyle with a strong sense of community. Surrounded by natural beauty, it provides ample opportunities for outdoor activities. With its local amenities and proximity to larger cities, Norwood is an ideal location for those seeking a quieter way of life.

Current Market Conditions in Norwood, MO

The real estate market in Norwood is relatively stable, displaying a balanced inventory of homes for sale. There’s steady demand for properties, particularly among first-time homebuyers and retirees drawn by the town's affordable housing options and quality of life. The affordability of homes in this region remains a significant draw.

Recent trends suggest an increase in interest from individuals looking for larger plots of land for rural living, which has led to a slight uptick in home prices. However, as a whole, the market remains accessible compared to neighboring urban areas.

Home Value Estimator For Norwood, MO

There are currently 465 real estate properties in Norwood, MO, with a median automated valuation model (AVM) price of $215,244.00. 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 $247,806.00, 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 $37,919.00. 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.

Norwood, MO Foreclosures


Market Trend for Norwood, MO

Total Listings Available: 21

Market Values:

Home Prices from $37,919 to $2,940,200

Average Sales Price: $247,806

Rental Values:

Rental from $610 to $1,740

Average Rent Value: $992 / month

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