Norwood Real Estate Market Trends

Market Overview for Quarter 4, 2020


Median Sale Price

$200K

122% YoY


Median Price/Sqft

$214

-% YoY


No. of Transactions

6

0% YoY

Bronx Median Sale Price

$380K

29% YoY

The median home sale price in Norwood as of Quarter 4 was $200K, up 122% year-over-year. A total of 6 assets were sold, representing only a 0% difference year-over-year. In Quarter 4, the median price per square foot was $214, a -% YoY change. The median home sale price in Bronx was $380K.

Norwood Neighborhood Map

Known as a neighborhood that's always evolving, Norwood was once known as Bainsbrige and offers some of the most affordable rents in the area. When you add the exceptional transportation options, dog runs, numerous sporting fields, and one of the best hospitals in NYC, it's easy to see why this is a highly-sought after Bronx neighborhood.

Norwood Median Sale Price

View: GraphTable

Median Sale Price Per Square Feet

View: Graph Table

Real Estate Transactions in Norwood

View: Graph Table

Top most expensive neighborhoods in Bronx

Norwood median price compared with other neighborhoods in Bronx

Property values in Norwood are lower compared to the borough of Norwood overall.




Norwood median price compared with all the neighborhoods in Bronx

Neighborhood Borough Median Sale Price
Pelham Bay Park Bronx $840,000
Pelham Gardens Bronx $635,000
Baychester Bronx $627,500
City Island Bronx $604,500
Fairmont - Claremont Village Bronx $597,000
Pelham Bay Bronx $582,500
Morris Park Bronx $580,000
Westchester Village Bronx $575,000
Spencer Estates - Country Club Bronx $565,000
Unionport Bronx $542,500
Edenwald Bronx $540,000
Olinville Bronx $535,000
Eastchester Bronx $520,000
Castle Hill Bronx $519,999
West Farms Bronx $485,000
Throggs Neck Bronx $472,500
Laconia Bronx $468,735
Williamsbridge Bronx $455,427
Van Nest Bronx $445,000
Foxhurst Bronx $440,000
Wakefield Bronx $435,000
Clason Point Bronx $425,000
Riverdale Bronx $419,750
Woodlawn Bronx $392,901
Morrisania Bronx $390,000
Mott Haven Bronx $382,326
Belmont Bronx $355,000
Woodstock Bronx $340,000
Park Versailles - Bronx River Bronx $339,500
Spuyten Duyvil Bronx $336,500
Kingsbridge Bronx $332,000
Fieldston Bronx $322,500
North Riverdale Bronx $306,250
University Heights Bronx $300,000
Bedford Park Bronx $294,500
Morris Heights Bronx $294,500
Concourse Bronx $290,000
Concourse Village Bronx $260,000
Kingsbridge Heights - Jerome Park Bronx $249,500
Allerton Bronx $229,000
Longwood Bronx $207,500
Norwood Bronx $200,000
Fordham Bronx $197,000
Parkchester Bronx $180,000
Bronxdale Bronx $170,000
Mount Hope Bronx $160,000
Soundview Bronx $130,000
Tremont Bronx $95,000
High Bridge Bronx $78,000

Residential Properties Sold in Norwood

Property Type Median sale price Y-o-Y Median sale price/sqft Y-o-Y Transactions
Condos - - - - 0
Coops $170K 88% - - 5
Houses $404K - $214 - 1

The median house sale price in Norwood in Quarter 4 was relatively flat year-over-year at $404K. Median coop sale price in Norwood was $170K, a change of 88% year-over-year. There was no statistically significant data for median condo price activity for the period of Quarter 4 in Norwood.

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