Home prices
The value of the median home in Norwood is $79,800. It is about $45,020 (36%) lower in comparison to its nearby areas.Compared to the US as a whole it is roughly $137,700 (63%) lower, and is roughly $53,600 (40%) lower compared to the city of Watertown.
Rents
The median rent in Norwood is $685 a month. Compared to other places in this area it is about $74 (9%) lower.It is approximately $377 (35%) lower in comparison to the country as a whole, and is about $121 (15%) lower in comparison to the city of Watertown.
Nearby places
Potsdam
Potsdam is about 4 miles south of Norwood. Real estate prices there are a bit more expensive. The median home in Potsdam is valued at $113,100, which works out to $33,300 (29%) higher than Norwood. Rent there is a little more expensive. In Potsdam the median monthly rent is $758, which works out to $73 (9%) higher than Norwood.
Madrid
Madrid is about 5 miles west of Norwood. Its real estate prices are somewhat more expensive. The median home in Madrid costs $107,100, which works out to $27,300 (25%) higher than Norwood. Rent there is pretty similar. In Madrid the median monthly rent is $683, which is very similar to Norwood.
Hannawa Falls
Hannawa Falls is approximately 9 miles south of Norwood. Housing prices there are significantly more expensive. The value of the median home in Hannawa Falls is $141,600, which is $61,800 (43%) higher than Norwood. The rent there is somewhat more expensive. The median monthly rent in Hannawa Falls is $891, which is $206 (23%) higher than Norwood.
Brasher Falls
Brasher Falls is approximately 9 miles northeast of Norwood. Housing prices there are significantly more expensive. Brasher Falls's median home value is $117,800, which is $38,000 (32%) higher than Norwood. Rents there are pretty similar. The median monthly rent in Brasher Falls is $689, which is very similar to Norwood.
Waddington
Waddington is approximately 10 miles northwest of Norwood. Its real estate prices are a lot more expensive. The median home price in Waddington is $144,500, which comes out to $64,700 (44%) higher than Norwood. The rent there is a bit more expensive. Waddington's median monthly rent is $774, which comes out to $89 (11%) higher than Norwood.
