Home prices
The median home cost in Norwood is $162,500. Compared to the surrounding areas it is approximately $53,940 (49%) higher.In comparison to the nation as a whole it is approximately $55,000 (25%) lower, and in comparison to the city of Baton Rouge is roughly $11,500 (6%) lower.
Rents
The median rent in Norwood is $450 a month. Compared to its nearby areas it is roughly $97 (17%) lower.It is about $612 (57%) lower compared to the entire nation, and compared to the city of Baton Rouge is approximately $429 (48%) lower.
Nearby places
Wilson
Wilson is approximately 3 miles south from Norwood. Its housing prices are a lot less expensive. Wilson's median home value is $103,400, which works out to $59,100 (57%) lower than Norwood. The rent there is a bit more expensive. The median rent in Wilson is $556 per month, which works out to $106 (19%) higher than Norwood.
Centreville
Centreville is roughly 9 miles north from Norwood. Its real estate prices are significantly less expensive. Centreville's median home value is $83,200, which comes out to $79,300 (95%) lower than Norwood. Its rents are a bit less expensive. In Centreville the median monthly rent is $420, which works out to $30 (7%) lower than Norwood.
Clinton
Clinton is approximately 9 miles southeast from Norwood. Real estate prices there are a little more expensive. Clinton's median home price is $179,500, which is $17,000 (9%) higher than Norwood. Rents there are somewhat more expensive. In Clinton the median rent is $548 per month, which works out to $98 (17%) higher than Norwood.
Jackson
Jackson is about 11 miles southwest of Norwood. The housing prices there are a lot less expensive. The median home in Jackson costs $84,500, which works out to $78,000 (92%) lower than Norwood. Rents there are a little more expensive. In Jackson the median monthly rent is $627, which works out to $177 (28%) higher than Norwood.
Woodville
Woodville is roughly 14 miles northwest of Norwood. Its housing prices are significantly less expensive. The median home value in Woodville is $92,200, which works out to $70,300 (76%) lower than Norwood. Rent there is a little more expensive. The median monthly rent in Woodville is $586, which comes out to $136 (23%) higher than Norwood.
