Market Report
Norwood, MA Housing Market
The median sale price is $710,000 (+1.7% year over year). Homes are selling in a median of 22 days.
Prices & Activity
Median Sale Price
$710K
+1.7% YoYDays on Market
22
-41 days YoYMonths of Supply
0.9
-0.3 mo YoYActive Inventory
10
-9.1% YoYSale-to-List
104.6%
+4.4 pts YoYSource: Redfin Data Center (through Jan 2026)
Median Sale Price — Norwood, MA
Days on Market — Norwood, MA
Growth & Supply
Population
730,082
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003) — Norfolk County
Median Household Income
$131K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013) — Norfolk County
Renter-Occupied Homes
31.3%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003) — Norfolk County
Migration — Norfolk County
Avg income of movers (latest year): in $114K · out $130K
IRS Statistics of Income, County-to-County Migration Data (through 2023)
Unemployment Rate — Norfolk County
Most recent month is preliminary and subject to revision
U.S. Bureau of Labor Statistics, Local Area Unemployment Statistics (through Jun '26)
New Construction Permits — Norfolk County
1,189 housing units permitted in the last 12 months (+21% vs the prior 12 months) — 706 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jun '26)