Housing costs in Norwood?
A typical home costs
$203,300, which is 39.9% less expensive than the national average of
$338,100 and 3.2% more expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Norwood costs
$1,030 per month, which is 5.1% more than the national average of
$980 and 5.8% cheaper than the state average of
$1,090.
Can I afford Norwood?
To live comfortably in Norwood (zip 45212), Ohio, a minimum annual income of
$38,880 for a family, and
$31,600 for a single person is recommended.
What does A.I. say about Norwood?
Living in 45212 Norwood, OH is relatively affordable. The median home value is $98,200, with the median listing price sitting at around $89,900. This makes it a great place for first-time homebuyers or those looking for an affordable lifestyle. The median rent hovers around $812 per month and groceries and other basic necessities are reasonably priced as well. On top of that, the cost of utilities is lower than the national average. All this combines to make 45212 Norwood, OH an affordable and attractive option for new residents.