Norwood, NY Real Estate

According to census data in the year 2000 there were 756 housing units in Norwood. This represents a 2% growth from 741 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 756 were located in what is classified as a rural area.

Homeownership rate in Norwood is about 71.3%. Norwood's vacancy rate, including seasonal lodging, is about 8.7%. Average household size is 2.39 people.

The majority of houses, apartments or condos in Norwood were built after 1939.


Housing Size

Housing Units by Size
Studio Type0.50%
One Bedroom15.60%
Two Bedrooms18.10%
Three Bedrooms39.30%
Four Bedrooms21.70%
Five Bedrooms or more4.80%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.63
Median year structure was built1939
Median Value of occupied units$53,700
Median Price asked for vacant units$48,300

Rented Homes, Apartments and Condos

Average Household Size1.79
Median year structure was built1939
Median Monthly Rent asked for vacant units$360

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.50%
Second Mortgage2.60%
Home Equity Loan5.80%
Simple Mortgage50.40%
Debt Free40.80%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs15.2%