House for Sale & Real Estate in Norwood

The Norwood, MA real estate market has shown resilience and growth in recent years, making it an attractive option for those looking for Norwood homes for sale. As of May 2024, the median home price in Norwood stands at $680,000, representing a 4.6% increase compared to the previous year.

Market Trends and Appreciation

This steady appreciation rate indicates a promising trend in property values, benefiting potential homeowners and investors. The housing market in Norwood is highly competitive, with homes receiving an average of 4 offers and typically selling within 14 days of listing. Buyers should be prepared to act quickly and potentially offer above the listing price, as the average home sells for about 3% above list price.

Inventory Overview

As of May 2024, there were 50 houses for sale in Norwood, MA, a 31.6% increase from the previous month. The breakdown of available homes by bedroom count is as follows:
– 1 Bedroom: 1 home – 2 Bedrooms: 12 homes – 3 Bedrooms: 19 homes
– 4 Bedrooms: 12 homes – 5+ Bedrooms: 6 homes

Different property types have experienced varying levels of appreciation. For instance, 4-bedroom homes saw an 11.5% increase in median price compared to the previous year, while 1-bedroom properties decreased by 15.6%. Buyers looking for condos for sale in Norwood, MA will also find options catering to various budgets and preferences.

Available Homes for Sale in Norwood MA

Contemporary home w/more than 3,000 sq ft set on private.36-acre lot in a prime location! The first floor offers: family room boasting vaulted ceilings, floor to ceiling windows allowing abundant natural light, projection tv screen, wet bar & built-in grill. The eat-in kitchen is equipped with stainless appliances, access to large living/dining room with stone/granite working fireplace. Three bedrooms, newer full bath and half, plenty of storage complete the first floor. The primary suite on the 2nd level has floor to ceiling windows, balcony, walk-in closet, loads of storage & a beautiful 2-year-old primary bathroom, glass shower doors & sauna! Features include CAir, hdwd floors, fenced yard, heated in-ground pool, cabana w/shower, patio w/fire-pit, providing a private outdoor space for relaxation. Great potential to update the finished area on the lower level which offers bedroom, great room, mini kitchen or use as an in-law apartment with direct exterior access

$800,000 Pending

37 Hemlock St Norwood, Massachusetts

4 Beds 4 Baths 2,584 SqFt 0.36 Acres

Spacious Colonial located in desirable area. Main level consists of a front to back fireplaced living room. First fl. master bedroom addition (2002) with vaulted ceiling and full bath. Nice size formal dining room plus fully applianced eat in kitchen with granite counters and tile backsplash. Handy mudroom that opens into a relaxing den that overlooks private fenced in yard. Second level consists of 3 additional bedrooms with H/W fls. plus a second full bath. Basement level has a couple great family rms. or office/gym areas. Good opportunities! Two car garage. This is a nice home that is very handy to schools, shopping etc. Showings start at open house Sat. 3/29 from 1-3:00 and Sun 3/30 1-2:30. Any offers due 3/31 by 2:00. Please make any offers good until 4/1 @ 3:00pm. Thanks

$799,900 Pending

490 Nichols St Norwood, Massachusetts

4 Beds 2 Baths 2,129 SqFt 0.35 Acres

Stunning Townhouse in prime Norwood location. Oversized one car garage & off street parking. Entering the main level, you'll love the open floor plan that seamlessly combines the family room, complete with gas fireplace & slider to your private deck, with the gorgeous kitchen, powder room & eat-in dining area. The kitchen features granite countertops, tiled backsplash, soft-close cabinets, peninsula seating & stainless steel appliances. Upstairs is a spacious primary suite with tiled shower, double vanity & walk-in closet. A generous guest bedroom, full bath & stackable laundry complete this floor. The lower level has sliders to a stone patio & offers potential for a third bedroom or family room. Hardwood floors throughout, oversized windows & lots of storage. Incredible location, only 1/3 mi to Norwood Depot Train station & close to all the shops, restaurants & theatre.

$785,000 Pending

60 Lenox St 13 Norwood, Massachusetts

2 Beds 3 Baths 2,300 SqFt 1.36 Acres

This well-maintained 3-bedroom ranch offers a perfect blend of comfort and functionality. The bright, spacious living room flows into a large kitchen that flows into the dining room. The three bedrooms are generously sized, each offering ample closet space. A standout feature is the large basement, providing endless potential for extra living space, storage, home gym, billiards room, etc. The basement is also ideal for anyone looking to add an in-law suite. Outside, the expansive backyard is ideal for outdoor activities, gardening, or entertaining. Additional highlights include a 2 car garage and easy access to schools, parks, the highway/Route 95, and shopping. Don't miss out—schedule your showing today!

$769,900 Pending

798 Neponset St Norwood, Massachusetts

3 Beds 3 Baths 2,496 SqFt 0.59 Acres

Welcome to this charming home featuring a cozy fireplace, perfect for those colder nights. The kitchen boasts a spacious center island, a nice backsplash, and plenty of storage. The primary bathroom offers good under sink storage for all your essentials. Step outside to enjoy the fenced backyard, great for pets or outdoor entertaining. Partial flooring replacement in some areas adds a touch of modernity to this lovely home. Don't miss out on this gem!

$762,000 Pending

44 2nd St Norwood, Massachusetts

3 Beds 2 Baths 1,344 SqFt 0.18 Acres

Mixing old-world charm with modern-day conveniences, this home truly has it all. From the 6-burner Wolf stove and oversized island in the kitchen—certain to satisfy any chef—to the warm hardwood floors, central air, custom built-ins, and elegant wainscoting throughout, every detail is designed to elevate your living experience. The primary suite offers a spa-like retreat with its oversized shower and generous closet space, while the fenced-in, minimal-care yard and private back deck invite you to unwind when the weather turns pleasant. Move right in and enjoy all the comfort and style this exceptional home has to offer.Short walk to town center, commuter rail and elementary school. Great location to call home!

$760,000 Pending

53 Adams St Norwood, Massachusetts

4 Beds 3 Baths 1,833 SqFt 0.14 Acres

Fantastic neighborhood location for this sun-splashed ranch-style home! The entry foyer brings you to the generous, fireplaces living room, which is open to the dining room and accessible to the fully applianced kitchen overlooking the deck and fenced yard with shed. Down the hall are three bedrooms, including a primary suite and an additional full bath. Downstairs features a game room, gym area and a separate room that could be an office or fourth bedroom plus there is a half bath in the laundry area and extra storage in the separate utility room. Direct access to the two car garage. Sparkling hardwood flooring, fresh paint throughout, replacement windows & young roof. Steps to the Prescott Elementary school and easy access to highway and downtown Norwood. Don't miss this one!

$759,900 Pending

65 Norton Drive Norwood, Massachusetts

3 Beds 3 Baths 1,632 SqFt 0.29 Acres

Welcome to this beautifully updated Colonial in one of Norwood’s most sought-after neighborhoods! This inviting home offers 3 spacious bedrooms, 2 full baths & 1 half bath, providing ample space for comfortable living.The main level features a bright & airy living space with classic charm & modern touches. A well-appointed kitchen boasts updated appliances, plenty of cabinet space, and a seamless flow into the dining area—perfect for hosting family and friends. You’ll find three generously sized bedrooms, including a serene primary suite.The finished lower level adds valuable living space, complete with a half bath & direct access to the attached garage & outdoors—ideal for a home office, playroom, or gym. Step outside to enjoy the fenced flat backyard, perfect for outdoor gatherings, gardening, or simply relaxing.This home is conveniently located just minutes from major highways, shopping, dining, and everything Norwood has to offer. Move-in ready & full of charm, this is a must-see.

$750,000 Pending

120 Westview Drive Norwood, Massachusetts

3 Beds 3 Baths 2,048 SqFt 0.26 Acres

Embrace the charm and modern elegance of this pristine, center-entrance Colonial nestled in the highly coveted "Tree Streets" neighborhood. With recent updates, this move-in-ready home is waiting to welcome you. The heart of this home is the gorgeous kitchen, featuring a center island, granite countertops, and stainless-steel appliances. Step through the gracious foyer into the enchanting, fireplaced front-to-back living room with custom built-ins. The spacious dining room and a convenient half bath complete the first floor. Upstairs, discover three generously sized bedrooms, an updated full bath, and a walk-in cedar closet. The finished basement offers a versatile bonus room and office. The open floor plan, gleaming hardwood floors, high ceilings, and exquisite woodwork create an inviting atmosphere. Come relax in the cozy three-season sunroom that overlooks the expansive rear deck and private backyard of one of Norwood’s favorite neighborhoods. Offers due Tuesday at 12pm.

$749,000 Pending

14 Sycamore Norwood, Massachusetts

3 Beds 2 Baths 1,260 SqFt 0.12 Acres

What Buyers Should Know

Competitive Market: With 85.7% of homes selling above asking price, buyers should be prepared for potential bidding wars and consider making strong offers.
Price Variations: Neighborhoods within Norwood may have differing price points and appreciation rates. Researching specific areas is essential.
Property Age: Many Norwood houses were built between the 1940s and 1960s, with some older homes requiring potential renovation or maintenance costs.
Environmental Risks: Buyers should investigate natural hazards and environmental risks, such as floods and extreme weather events.
School Districts: For families, the quality of local schools can influence property values and desirability. Norwood offers several public elementary schools that enhance its appeal.
Future Appreciation Potential: Norwood’s annual appreciation rate has averaged 5.67% over the past decade, offering a stable investment outlook.
Rental Market: The median rent in Norwood is $4,143 per month, reflecting a strong rental market and investment opportunity.

Benefits of Buying a House or Condo in Norwood

Purchasing property in Norwood, MA offers numerous advantages:

Proximity to Boston: Norwood’s convenient location near Boston makes it ideal for commuters and professionals.
Community Amenities: The town features excellent parks, recreational facilities, and dining options, creating a high quality of life.
Affordable Alternatives: Compared to other Greater Boston areas, Norwood offers relatively affordable housing options without compromising on amenities.
Investment Potential: The steady appreciation of Norwood real estate makes it a solid long-term investment choice.

Benefits for Investors

Investors will find opportunities in Norwood due to its:

Strong Rental Demand: With its proximity to major employment hubs, rental properties in Norwood are in high demand.
Diverse Property Types: From single-family homes to condos for sale in Norwood, there’s a wide range of investment options.
Appreciation Trends: The consistent property value increases make Norwood real estate a reliable choice for long-term gains.

Best Real Estate Agents in Norwood

Navigating the competitive Norwood real estate market requires experienced professionals. The best agents provide:

Market Expertise: Local knowledge to help clients identify the best houses for sale in Norwood, MA.
Negotiation Skills: The ability to secure favorable terms in a competitive environment.
Comprehensive Support: Guidance through every step, from property searches to closing deals.

At Key Prime Realty, our team of skilled Norwood, MA real estate agents is committed to helping clients achieve their goals. Whether you’re buying, selling, or investing, we deliver exceptional results.

Norwood MA Real Estate Market Report

Best Real Estate Agents in Norwood MA

At Key Prime Realty, we pride ourselves on delivering unparalleled service in the Norwood real estate market. Here’s why clients trust us:

Deep Local Expertise: Our team specializes in Norwood, MA real estate, ensuring we find the perfect match for your needs.
Proven Success: With a strong track record, we’ve earned the trust of buyers, sellers, and investors.
Personalized Attention: We take the time to understand your goals and tailor our approach to achieve them.
Comprehensive Services: From finding Norwood houses for sale to closing deals, we’re with you every step of the way.

Contact Key Prime Realty today to start your journey toward finding your dream home or investment property in Norwood, MA!

For inquiries contact:

Call Us
781-790-4440

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Corporate Headquarters
30 Eastbrook Rd, Dedham, MA 02026, USA.

FAQ Section

What is the median home price in Norwood, MA?

As of May 2024, the median home price in Norwood is $680,000.

Are there condos for sale in Norwood, MA?

Yes, Norwood offers a variety of condos for sale, catering to buyers seeking low-maintenance living options.

How competitive is the Norwood housing market?

The market is highly competitive, with homes receiving an average of 4 offers and selling within 14 days.

Should I consider older homes in Norwood?

Many homes in Norwood were built between the 1940s and 1960s. While they may require renovations, they often come with unique charm and character.

Why work with a local Norwood realtor?

Local realtors provide invaluable insights into the market, help navigate competitive bidding, and ensure a seamless buying or selling process.