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.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.50% |
| One Bedroom | 15.60% |
| Two Bedrooms | 18.10% |
| Three Bedrooms | 39.30% |
| Four Bedrooms | 21.70% |
| Five Bedrooms or more | 4.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.63 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $53,700 |
| Median Price asked for vacant units | $48,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.79 |
| Median year structure was built | 1939 |
| Median Monthly Rent asked for vacant units | $360 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.50% |
| Second Mortgage | 2.60% |
| Home Equity Loan | 5.80% |
| Simple Mortgage | 50.40% |
| Debt Free | 40.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.2% |
