Norwood Housing Market Report April 2025•Norfolk County, Massachusetts

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Housing Prices in Norwood, MA

How much do homes in Norwood, MA cost?

Housing Market Conditions

Is Norwood, MA a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Norwood is a Neutral Market

Difference Since April 2024

At the same time last year, Norwood was a Seller's Market.

Insight

Norwood is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$715,000$406/SqFt
+$90,000
+14.4%

Based on all homes sold in the last 12 months

Insight

Homes in Norwood have sold for 14.4% more than they did a year ago.

Summary: The median home sold price in Norwood was $715,000 in April 2025, up 14.4% from last year, and the median price per square foot was $406.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
East Walpole
+15.2%
Norwood
+14.4%
Westwood
+4.8%
Walpole
+3.5%
Canton
-2.8%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsApr 2024Apr 2025Change YoY
1$270K$254K
-5.9%
2$500K$505K
+1.0%
3$613.7K$706K
+15.0%
4$743K$798K
+7.4%
5$942.5K$1.0M
+8.2%

Summary: Norwood housing price by bedroom type for April 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -5.9%. The home price for 2 bedroom homes increased by +1.0%. The home price for 3 bedroom homes increased by +15.0%. The home price for 4 bedroom homes increased by +7.4%. The home price for 5 bedroom homes increased by +8.2%.

How does Norwood, MA compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Norwood, MA

Housing supply in Norwood, MA

How many homes are available in Norwood, MA?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
64Last MonthApr 2025
442 months agoMar 2025
+45.5 %
Change MoMMar – Apr

Summary: The Norwood real estate market had 64 homes for sale in Apr 2025, a 45.5 % increase compared to Mar 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
10Last MonthApr 2025
92 months agoMar 2025
+11.1 %
Change MoMMar – Apr

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsMar 2025Apr 2025Change MoM
111
0.0%
2916
+77.8%
31824
+33.3%
41217
+41.7%
546
+50.0%

Summary: Norwood housing inventory by bedroom type for April 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +77.8%. The inventory for 3 bedroom homes increased by +33.3%. The inventory for 4 bedroom homes increased by +41.7%. The inventory for 5 bedroom homes increased by +50.0%.

Asking Price vs. Sold Price

How much do homes in Norwood, MA cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price8 Homes

At Asking Price0 Home

Under Asking Price2 Homes

Insight

If you're buying a home in Norwood, you could pay more than the asking price. 80% of homes here sold above asking price last month.

Summary: A total of 10 homes were sold or pending in Norwood in April 2025, up by 11.1% month-over-month. Of the 10 sold homes, 20% were sold under asking, 0% were sold at asking, and and 80% were sold over asking.

Days on Market for Norwood, MA

How long does it take to sell a home in Norwood, MA?

Breakdown of Home Sale Times

Under 30 Days9 Homes

30 – 90 Days1 Home

Over 90 Days0 Home

Insight

Many homes in Norwood are selling fast, if you're buying plan to act quickly.

Summary: During April 2025, 10 homes were sold in Norwood; 90% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
15 DaysThis YearApr 2025
29 Days1 year agoApr 2024
-49.1 %
Change YoYApr 2024 – Apr 2025

Summary: Homes in Norwood had an average listing age of 15 days in Apr 2025, down by 49.1% compared to the previous year.

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Newest Listings in Norwood, MA

What homes are available in Norwood, MA?

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Nearby markets

Popular Cities with Homes for Sale in Massachusetts

MLS Disclaimers and Copyright

Based on information from MLS Property Information Network Inc., for the period 05/01/2023 - 05/01/2025

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2025, 12:55:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.