Norwood, NC, Real Estate
Norwood, North Carolina, is a small town in Stanly County, nestled along the scenic shores of Lake Tillery and the Pee Dee River, with a population of about 2,300. Known for its serene, small-town charm, Norwood offers a peaceful retreat with abundant opportunities for outdoor recreation, including boating, fishing, and camping at nearby Morrow Mountain State Park. The town’s historic roots are evident in its quaint downtown, featuring local shops and eateries that foster a tight-knit community atmosphere. Norwood’s proximity to the Uwharrie National Forest makes it a haven for nature enthusiasts, while its annual events, like fishing tournaments, bring residents and visitors together. With its blend of natural beauty and Southern hospitality, Norwood is a hidden gem for those seeking a quiet, scenic lifestyle.
Norwood currently has 31 single family homes for sale with an average list price of $980,096.26 and 31 lots for sale with an average list price of $159,245.16.
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Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Norwood, i.e. what's hot and what's not.
See What's Hot & What's Not in Norwood
Market Trends
Norwood home sales for the month of November rose in volume by 400% when compared to last year, while the median sale price rose by 49.5% from $200,000 to $299,000. House sales rose by 400%, while the median sale price rose by 49.5% from $200,000 to $299,000.
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85
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89
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72
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56
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| 2021 | 2022 | 2023 | 2024 |
| # of sales per year | |||
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$235,000
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$246,500
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$267,700
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$356,000
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| 2021 | 2022 | 2023 | 2024 |
| median sale price per year | |||
Median Sale Price for Norwood
Number of Sales for Norwood
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