Housing Prices in Norwood Township, MI
How much do homes in Norwood Township, MI cost?
Median List Price
$299,000
$156/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Key Takeaway
The list price of homes in Norwood Township has remained the same since last year.
Summary: The median home list price in Norwood Township was $299,000 in April 2024, down 0.3% from the previous year, and the median price per square foot was $156.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $304.4K | $129.9K | -57.3% |
| 3 Bedrooms | $299.9K | $324K | +8.0% |
| 4 Bedrooms | $324.2K | $589K | +81.7% |
| 5+ Bedrooms | $409.9K | $202.4K | -50.6% |
Summary: Norwood Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 57.3%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 81.7%, and 5+ bedroom homes decreased by 50.6%.
Median List Price Compared To Nearby Cities
| Banks Township | $389K | $399.9K | +2.8% |
| Charlevoix Township | $395K | $395K | 0.0% |
| Norwood Township | $299.9K | $299K | -0.3% |
| Marion Township | $255.9K | $182.4K | -28.7% |
Housing Supply in Norwood Township, MI
How many homes are available in Norwood Township, MI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Summary: The Norwood Township real estate market had 2 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 2 | 1 | -50.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Norwood Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for Norwood Township, MI
How long does it take to sell a home in Norwood Township, MI?
Average Listing Age
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 33 Days | 49 Days | +45.3% |
Summary: Homes in Norwood Township had an average listing age of 49 days in Apr 2024, up by 45.3% compared to the previous year.
