Housing & Real Estate — Norwood, North Carolina

Overview

Total Housing Units1,514
Occupied1,175
Vacant339
Owner-Occupied755
Renter-Occupied420
Median Home Value (Census)$185,200
Estimated 2026~$201,000
Median Rent$891/mo
Median Property Tax$1,305/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilitymoderate
Rent as % of Income20.7%
Severely Rent-Burdened46.0%

Housing Age

Built 2010 or later53
Built 2000-200954
Built 1990-199950
Built before 1960537
Median Year Built1963
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.