Photo: JERRYE & ROY KLOTZ M.D. · CC BY-SA 4.058 homes sold in Norwood in the last year, at a typical $1M
About one sale in 3 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Norwood homes are listed.
Every place Norwood homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Norwood.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 70% of Norwood’s sales, at a typical $1.2M (year to May 2026)
58 homes sold in the year to September 2026.
typical sale · 39 sold in the year to May 2026
- Per square foot
- $442NJ $331
- Days to sell
- 84
- Sold over asking
- 46%
- Listings with a price cut
- 12%
Townhouses: 10 sold, typical $871K
Condos: 7 sold, typical $447K
Too few sales in 12 months for reliable figures.
Fewer homes sell than before 2021, at 1.8 times the 2016 price
58 sales in the last year, against 87 in 2020 and a low of 48 in 2023. The typical sale went from $566K in 2016 to $1M.
Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.
What $1M buys in Norwood
Check a listing against what Norwood homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Norwood are more common than before the pandemic, but 63% fewer homes come up for sale
We read every month of Norwood’s home sales since 2016 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 58 sales.
If you’re buying in Norwood
- Shop in March. It brings about 10 new listings a month, close to the busiest month, with fewer bidding wars (20% over asking).
- Bid near asking. Buyers paid 99.5% of the list price on average; 45% paid over.
- You’ll usually have time. Only 45% of homes go under contract within two weeks; the typical one takes 83 days.
Spring brings both the most homes and the most bidding wars
May has the most new listings (about 12 a month), but April is the most competitive: 34% of April sales close over asking. March offers nearly as much choice with fewer homes bid up (20%). December has the least competition (15%) but only about 4 new listings.
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and about like New Jersey as a whole
| Norwood now | 2017–19 | 2021 peak | NJ now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 45% | 11% | 38% | 44% |
| Gone within two weeksShare of homes under contract within 14 days | 45% | 10% | 29% | 30% |
| Price paid vs. askingAverage sale price ÷ list price | 99.5% | 95.8% | 101.2% | 100.9% |
| Days to sellMedian days from listing to contract | 83 | 145 | 98 | 46 |
19 homes for sale on a typical day
That’s 63% fewer than in 2017–19 and well under 2019’s 54.
Houses and condos, year by year
A house typically sold for $1.2M in the year to May 2026 (39 sales), a condo for $447K (7).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Source: Redfin Data Center, city figures, January 2016 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.
Five things worth knowing
New listings in May
The month with the most choice. December has the fewest, about 4.
Best time to buySchools
The schools grade for Norwood, from test results, graduation and how much students grow.
Schools in NorwoodCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Tappan sells for less a square foot; Closter and Demarest for far more
The busier markets within 25 miles of Norwood, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Closter | 91 | $1.4M | $576 | 38% | 89 |
| Demarest | 69 | $2M | $713 | 27% | 93 |
| Tappan | 65 | $782K | $385 | 68% | 28 |
| Norwood | 58 | $1M | $435 | 45% | 83 |
| Northvale | 36 | $778K | $442 | 61% | 76 |
| Harrington Park | 35 | $1M | $432 | 74% | 75 |
| Haworth | 33 | $1.4M | $540 | 39% | 93 |
Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Norwood, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Norwood. People who follow the town see it, and so do people comparing Norwood with their own town. No commission, no listing fee.
Questions about buying a home in Norwood
What do homes sell for in Norwood, NJ?
58 homes sold in the year to September 2026 at a typical $1M, $435 a square foot.
Is Norwood a buyer’s or seller’s market?
A seller’s market: 26 homes were for sale in September 2026 and 6 sold, about 3.9 months of supply. Buyers paid 99.5% of asking on average.
When is the best time to buy in Norwood?
May brings the most new listings. The sales history shows which months have fewer bidding wars.
Where can I see homes for sale in Norwood?
Zillow, Redfin, Realtor.com and Homes.com all carry Norwood’s MLS listings; the search links above open each one filtered to Norwood.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).