Home prices
The median home in Norwood costs $439,300. Compared to the surrounding areas it is about $144,320 (24%) lower.In comparison to the country as a whole it is about $221,800 (101%) higher, and it is approximately $93,400 (17%) lower in comparison to the city of Boston.
Rents
Norwood's median monthly rent is $1,563. Compared to its surrounding areas it is roughly $194 (11%) lower.Compared to the entire country it is roughly $501 (47%) higher, and compared to the city of Boston it is roughly $57 (3%) lower.
Nearby places
Walpole
Walpole is approximately 3 miles southwest of Norwood. The real estate prices there are somewhat less expensive. The median home in Walpole costs $418,000, which comes out to $21,300 (5%) lower than Norwood. Rents there are a little less expensive. The median rent in Walpole is $1,201 per month, which is $362 (30%) lower than Norwood.
Dedham
Dedham is about 4 miles north from Norwood. Real estate prices there are pretty similar. The median home in Dedham costs $461,200, which comes out to $21,900 (4%) higher than Norwood. The rent there is a little more expensive. In Dedham the median monthly rent is $1,669, which is $106 (6%) higher than Norwood.
Sharon
Sharon is approximately 4 miles south from Norwood. Housing prices there are a little more expensive. Sharon's median home price is $471,900, which comes out to $32,600 (6%) higher than Norwood. Rent there is a little less expensive. In Sharon the median monthly rent is $1,442, which works out to $121 (8%) lower than Norwood.
Medfield
Medfield is about 4 miles west from Norwood. Its housing prices are somewhat more expensive. The value of the median home in Medfield is $615,200, which works out to $175,900 (28%) higher than Norwood. The rent there is a bit less expensive. The median monthly rent in Medfield is $1,347, which comes out to $216 (16%) lower than Norwood.
Dover
Dover is about 5 miles northwest of Norwood. Its housing prices are substantially more expensive. The median home in Dover costs $951,800, which is $512,500 (53%) higher than Norwood. Its rents are substantially more expensive. The median monthly rent in Dover is $3,125, which works out to $1,562 (49%) higher than Norwood.
