Norwood, CO Real Estate

According to census data in the year 2000 there were 253 housing units in Norwood. This represents a 28.4% growth from 197 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 253 were located in what is classified as a rural area.

Homeownership rate in Norwood is about 62.9%. Norwood's vacancy rate, including seasonal lodging, is about 23.3%. Average household size is 2.23 people.

The majority of houses, apartments or condos in Norwood were built after 1973.


Housing Size

Housing Units by Size
Studio Type7.50%
One Bedroom4.70%
Two Bedrooms28.50%
Three Bedrooms43.50%
Four Bedrooms15.80%
Five Bedrooms or more0%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.22
Median year structure was built1971
Median Value of occupied units$120,100
Median Price asked for vacant units$137,500

Rented Homes, Apartments and Condos

Average Household Size2.25
Median year structure was built1976
Median Monthly Rent asked for vacant units$725

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage9.90%
Home Equity Loan0%
Simple Mortgage49.40%
Debt Free40.70%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs15.2%