Norwood, PA Foreclosures
How much do homes sell for in Norwood, PA?
The average home price is currently $307,348.
In Norwood, PA, how many homes are available?
There are currently 31 active home listings available in Norwood.
What’s the average rental cost in Norwood, PA?
The average rental price in Norwood is $1,448.
What is the most expensive home in Norwood?
The most expensive home sold in Norwood had a price of $809,837.
What is currently the cheapest priced home in Norwood, PA?
The cheapest home for sale in Norwood is priced at $58,520.
Living in Norwood, PA
Norwood, PA is a charming suburban borough in Delaware County known for its strong community spirit and family-friendly environment. With a mix of parks, local businesses, and convenient transportation options, it offers an exceptional quality of life. Residents enjoy a variety of activities throughout the year, culminating in events that unite the community.
Current Market Conditions in Norwood, PA
Norwood's real estate market remains stable, with a healthy mix of single-family homes, townhouses, and more affordable options. The demand for housing has been relatively consistent, thanks to the area's appeal as an affordable and family-friendly suburb near Philadelphia. Home values have appreciated steadily, making it an attractive proposition for both first-time homebuyers and investors.
New construction developments in nearby areas and the renovation of existing properties in Norwood have contributed to a vibrant real estate landscape, with many buyers showing interest in the local market.
Home Value Estimator For Norwood, PA
There are currently 1,887 real estate properties
in Norwood, PA,
with a median automated valuation model (AVM) price
of $296,522.00. 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, PA, 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, PA,
is $307,348.00, with the most expensive house
in Norwood, PA, topping out
at $809,837.00 and the cheapest home
in Norwood, PA,
clocking in at $58,520.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Norwood, PA!
Rent Prices
In Norwood, PA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Norwood, PA, is on
a rollercoaster ride. The
average rent price in Norwood, PA,
is $1,448.00. Indeed, when looking to rent in
Norwood, PA, you can expect to pay as little
as $770.00 or as much
as $2,220.00,
with the average rent median estimated to
be $1,440.00. The good news is that finding
an affordable and desirable property to rent in Norwood, PA
-- 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.
Learn more on Foreclosure homes
