The housing market in 19074 Norwood, PA is a great investment right now. The median value of houses in this area is $240,000, which is much lower than the median value of houses in the US at $338,100. What's even more impressive is the 1 year house appreciation in Norwood, which stands at 11.01%, whereas the US average appreciation rate is 8.27%. This means that anyone investing in real estate in Norwood can expect to see a strong return on their investments over time.
The median home cost in Norwood (zip 19074) is $240,000. Home appreciation the last 10 years has been 64.0%. Home Appreciation in Norwood (zip 19074) is up 12.4%.
Average Age of Homes
- The median age of Norwood (zip 19074) real estate is 67 years old
The Rental Market in Norwood (zip 19074)
- Renters make up 20.8% of the Norwood (zip 19074) population
- 3.0% of houses and apartments in Norwood (zip 19074), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.