Cheap Homes in Norwood, MA

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Foreclosure Homes in Norwood, MA

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Norwood, MA area at Get information on foreclosure homes for rent, how to buy foreclosures in Norwood, MA and much more. Save thousands at closing with home foreclosure listings in Norwood, MA — up to 75% off market value!

Top Reasons To Live In Norwood, MA In 2023

Norwood is located in Norfolk, Massachusetts, with an estimated municipal population of 29,306 residents. All of the best foreclosed homes for sale in Norwood are located in the following zip code areas on 02062 02060. The estimated population per square kilometer (.62 miles) in Norwood is 1,090.

Cost Of Living In Norwood, MA

So, about how much do homes cost in Norwood? The most recent median value of resident-owned homes in Norwood is 439,267. An estimated 57.5 percent of households in Norwood own their homes, with an average family size of 3.06. The median household income in Norwood is 90,133, with44 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Norwood, the median commute time of resident workers (in minutes) is 32.8. And last, but certainly not least, are you looking for homes to rent in Norwood? If so, the average rent price paid by renters in Norwood is 1,563, according to recent statistics.

Diversity And Demographics In Norwood, Massachusetts

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Norwood, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Norwood is 40.8, split between 47.1 percent male versus 52.9 female. The percentage of residents who report being married in Norwood is 50.4, with an average family size of 3.06.

The percentage of residents who report their race in Norwood is as follows:

White 84.4%
Black / African American 7.2%
Asian 5.4%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.7%
Other 1.4%

Looking for family-friendly neighborhoods in and/or near Norwood? Or maybe you are searching for 55+ active adult communities in and/or near Norwood?

The percentage of residents who report their age in Norwood is as follows:

Under 10 10.7%
Aged 10-19 10.7%
20s 12.6%
30s 14.9%
40s 11.8%
50s 14.5%
60s 10.5%
70s 7.5%
80+ 6.6%

Best Schools In Norwood, Massachusetts

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Norwood with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Norwood.

Pros And Cons Of Living In Norwood, Massachusetts

How do you know that living in -- or moving to -- Norwood is right where you need to be? Perhaps you grew up in Norwood or already live nearby; therefore, the decision to buy a home in Norwood is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Norwood for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Norwood:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Norwood.

Reasons To Move To Norwood, Massachusetts, In 2023

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Norwood can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Norwood, meanwhile, can field multiple offers from more qualified buyers.

Cheap Homes in Norwood, MA


Listing types in Norwood, MA

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