Home prices
The median home price in Norwood is $79,400. Compared to other places in this area it is roughly $5,620 (7%) higher.In comparison to the US as a whole it is approximately $138,100 (63%) lower, and is roughly $38,700 (32%) lower compared to the city of Springfield.
Rents
In Norwood the median monthly rent is $576. Compared to its surrounding areas it is roughly $61 (11%) higher.It is about $486 (45%) lower in comparison to the rest of the nation, and in comparison to the city of Springfield it is approximately $168 (22%) lower.
Nearby places
Mountain Grove
Mountain Grove is roughly 7 miles east from Norwood. Its real estate prices are somewhat less expensive. The median home in Mountain Grove costs $74,900, which comes out to $4,500 (6%) lower than Norwood. The rent there is fairly similar. In Mountain Grove the median monthly rent is $577, which is very similar to Norwood.
Mansfield
Mansfield is approximately 7 miles west of Norwood. Real estate prices there are pretty similar. The median home in Mansfield costs $77,000, which works out to $2,400 (3%) lower than Norwood. Rent there is significantly less expensive. Mansfield's median monthly rent is $392, which comes out to $184 (46%) lower than Norwood.
Hartville
Hartville is approximately 11 miles northwest from Norwood. Real estate prices there are significantly less expensive. The median home in Hartville is valued at $39,000, which is $40,400 (103%) lower than Norwood. The rent there is a little less expensive. The median monthly rent in Hartville is $500, which comes out to $76 (15%) lower than Norwood.
Cabool
Cabool is roughly 15 miles east of Norwood. Real estate prices there are a bit more expensive. The median home price in Cabool is $91,400, which is $12,000 (13%) higher than Norwood. Its rents are a little less expensive. Cabool's median rent is $522 per month, which comes out to $54 (10%) lower than Norwood.
Ava
Ava is approximately 16 miles southwest from Norwood. The real estate prices there are a bit more expensive. The median home in Ava costs $86,600, which comes out to $7,200 (8%) higher than Norwood. The rent there is similar. The median monthly rent in Ava is $585, which works out to $9 (1%) higher than Norwood.
