Norwood, OH Housing Market

$254,330

2.6% 1-yr

The average Norwood, OH home value is $254,330, up 2.6% over the past year and goes to pending in around 4 days.

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Norwood Key Takeaways

Typical Home Values: $254,330

1-year Value Change: +2.6%

(Data through June 30, 2025)

Norwood Housing Market Overview

--1-year Market Forecast

55For sale inventory(June 30, 2025)

32New listings(June 30, 2025)

1.005Median sale to list ratio(May 31, 2025)

$258,167Median sale price(May 31, 2025)

$296,167Median list price(June 30, 2025)

45.2%Percent of sales over list price(May 31, 2025)

38.6%Percent of sales under list price(May 31, 2025)

4Median days to pending(June 30, 2025)

(Metric availability is based on market coverage and data)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Neighborhoods in Norwood

NameMedian ZHVI
Paddock Hills$301,203
Oakley$414,175
Evanston$214,558
Bond Hill$191,451
Pleasant Ridge$330,220
Hyde Park$574,993
North Avondale$298,806
Roselawn$193,869
East Walnut Hills$332,330

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Norwood Rental Market Trends

$1,325Average rent in Norwood(June 30, 2025)

$2,069National average rent(June 30, 2025)

-0.3%Month-over-month change(June 30, 2025)

7.1%Year-over-year change(June 30, 2025)

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.