Norwood, NC Real Estate

According to census data in the year 2000 there were 1,038 housing units in Norwood. This represents a 52.9% growth from 679 in 1990.

Of those housing units, 1,028 were located in either urbanized areas or urban clusters, and 10 were located in what is classified as a rural area.

Homeownership rate in Norwood is about 72.2%. Norwood's vacancy rate, including seasonal lodging, is about 15.1%. Average household size is 2.46 people.

The majority of houses, apartments or condos in Norwood were built after 1961.


Housing Size

Housing Units by Size
Studio Type0.10%
One Bedroom4.40%
Two Bedrooms37.60%
Three Bedrooms47.90%
Four Bedrooms8%
Five Bedrooms or more2%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.37
Median year structure was built1962
Median Value of occupied units$71,600
Median Price asked for vacant units$53,300

Rented Homes, Apartments and Condos

Average Household Size2.69
Median year structure was built1958
Median Monthly Rent asked for vacant units$313

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage7.40%
Home Equity Loan11.90%
Simple Mortgage35.90%
Debt Free44.80%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs18.4%