Norwood, MA Real Estate
According to census data in the year 2000 there were 11,945 housing units in Norwood.
This represents a 3.1% growth from 11,584 in 1990.
Of those housing units, 11,871 were located in either urbanized areas or urban clusters, and 74 were located in what is classified as a rural area.
Homeownership rate in Norwood is about 57.2%.
Norwood's vacancy rate, including seasonal lodging, is about 2.7%.
Average household size is 2.41 people.
The majority of houses, apartments or condos in Norwood were built after 1957.
|Housing Units by Size|
|Five Bedrooms or more||4%|
Owned Homes, Apartments and Condos
|Average Household Size||2.7|
|Median year structure was built||1954|
|Median Value of occupied units||$219,800|
|Median Price asked for vacant units||$168,800|
Rented Homes, Apartments and Condos
|Average Household Size||2.02|
|Median year structure was built||1964|
|Median Monthly Rent asked for vacant units||$731|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||8.90%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||18.3%|