Norwood Housing Market Report December 2024•Bergen County, New Jersey

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Housing Prices in Norwood, NJ

How much do homes in Norwood, NJ cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$1,225,000–
-$25,000
-2.0%

Based on all homes listed in December 2024

Insight

The list price of homes in Norwood has decreased by 2% since November.

Summary: The median home list price in Norwood was $1,225,000 in December 2024, down 2% from the previous month, and the median price per square foot was $0.

Median List Price By Bedrooms

Median List 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.
BedsNov 2024Dec 2024Change MoM
1$211.1K$211.1K
0.0%
2--
N/A
3$1.2M$1.2M
0.0%
4$1.2M$874.5K
-27.1%
5$1.9M$1.9M
0.0%

Summary: Norwood housing price by bedroom type for December 2024, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes decreased by -27.1%. The home price for 5 bedroom homes did not change.

Housing supply in Norwood, NJ

How many homes are available in Norwood, NJ?

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
10Last MonthDec 2024
112 months agoNov 2024
-9.1 %
Change MoMNov – Dec

Summary: The Norwood real estate market had 10 homes for sale in Dec 2024, a 9.1 % decrease compared to Nov 2024.

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.
BedsNov 2024Dec 2024Change MoM
111
0.0%
200
0.0%
311
0.0%
432
-33.3%
566
0.0%

Summary: Norwood housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes decreased by -33.3%. The inventory for 5 bedroom homes remained the same.

Days on Market for Norwood, NJ

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

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
Last Month1 month agoChange MoM
60 DaysLast MonthDec 2024
30 Days1 month agoNov 2024
+99.9 %
Change MoMNov – Dec

Summary: Homes in Norwood had an average listing age of 60 days in Dec 2024, up by 99.9% compared to the previous month.

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Newest Listings in Norwood, NJ

What homes are available in Norwood, NJ?

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MLS Disclaimers and Copyright

Based on information from New Jersey MLS, and Realty Multiple Listing System Inc. for the period 11/01/2024 - 01/01/2025

IDXDisclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Rocket Homes Real Estate, LLC are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing Service, Inc. Copyright© 2025 New Jersey Multiple Listing Service, Inc. All rights reserved.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDXThe data relating to real estate for sale or rent on this web site comes in part from the IDX program of the HCMLS. Real estate listings held by brokerage firms other than this broker are marked with the HCIDX mark and the information about them includes the name of the listing broker. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2025 Realty Multiple Listing System, Inc. Incorporated in 1952 (aka RMLS, Hudson County MLS). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:15:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.