Observer
Town report

Norwood

Norwood has 49 homes for sale. 41% of them have cut their price, against 45% statewide. Over the past 12 months, single-family homes went under agreement in a median 8 days, and 63% sold at or above their first asking price.

41%
of homes for sale have cut their price
27
days on the market, typical listing now
60%
of homes sold in the past 12 months went at or above the first asking price

2 in 5 sellers in Norwood have cut their price, about the state's pace.

Share of homes for sale with a price cut. Every dot is a Massachusetts town with 20 or more listings. Norwood ranks 165 of 230, where 1 has the most cuts.

Norwood41%
0%Statewide 45%80%
Statewide: 7,598 of 16,853 homes for sale. Source: Verified market data; analysis by the Observer Markets Desk.
Show the numbers
TownFor saleWith a price cut
Hopkinton5470%
Reading2868%
Templeton2868%
Groton3266%
Hull5265%
Northborough4365%
Ashland3465%
Mattapoisett4363%
Amherst4262%
Athol3962%
Sandwich6360%
Waltham11360%
Ashburnham2560%
Hudson5260%
Rockland4760%
Sudbury4760%
Millis2259%
Hanover2458%
West Brookfield2458%
Belmont5558%
Bourne7158%
Marion3757%
Dedham6057%
Somerset2357%
Westfield7156%

Single-family homes are selling just under the first asking price.

Median sale price as a share of the first asking price, by month of sale. The black line is 100% of the asking price; above it, buyers paid more than the seller first asked.

Single-family

99.2%
Oct 2025Oct 2026

Condos

97.8%
Oct 2025Oct 2026
Months with fewer than 5 sales are left out. Source: Verified market data; analysis by the Observer Markets Desk.
Show the numbers
MonthSingle-familyCondos
October 2025102.6% (6 sales)– (4 sales)
November 202596.8% (13 sales)– (4 sales)
December 202596.6% (14 sales)– (3 sales)
January 2026100.0% (11 sales)– (3 sales)
February 202698.7% (9 sales)– (3 sales)
March 2026106.5% (11 sales)101.6% (5 sales)
April 2026104.4% (6 sales)– (3 sales)
May 2026102.0% (15 sales)– (3 sales)
June 2026103.3% (15 sales)– (4 sales)
July 2026103.1% (15 sales)96.8% (8 sales)
August 2026102.9% (15 sales)97.8% (5 sales)
September 202697.8% (18 sales)– (2 sales)
October 202699.2% (5 sales)– (3 sales)

Norwood has 55% more homes for sale than 12 weeks ago.

Homes for sale at the end of each week, and offers accepted each week. At the last four weeks' pace, today's homes would take 8 weeks to go under agreement.

Homes for sale

6030
51
Aug 3Oct 26

Offers accepted

105
6
Aug 3Oct 26
Source: Verified market data; analysis by the Observer Markets Desk.
Show the numbers
Week ofFor saleOffers acceptedNew listings
Aug 33346
Aug 102953
Aug 173349
Aug 243524
Aug 312995
Sep 73326
Sep 143939
Sep 213945
Sep 283846
Oct 54439
Oct 1245710
Oct 19501015
Oct 2651610

What sold in the last 12 months

By home type. Median sale price, with days to an accepted offer and the share that sold at or above the first asking price.

  • Single-family$754K147 sales · 8 days to offer · 63% at or above first ask
  • Condos$489K46 sales · 16 days to offer · 50% at or above first ask
Source: Verified market data; analysis by the Observer Markets Desk.
Show the numbers
TypeSalesMedian priceDays to offerOffer within 7 daysAt or above first ask
Single-family147$753,750849%63%
Condos46$489,0001628%50%

A typical two-bedroom in Norwood leases for $2,500 a month.

Rent by bedrooms, leases signed in the last 12 months. The dot is the typical rent; the bar spans the middle half of leases.

  • 1 bed$2,000Middle half $1,900–$2,150 · 21 leases
  • 2 beds$2,500Middle half $2,400–$2,950 · 49 leases
  • 3 beds$3,350Middle half $3,000–$3,995 · 28 leases
107 leases; 86% leased at the asking rent. Source: Verified market data; analysis by the Observer Markets Desk.
Show the numbers
BedroomsLeasesTypical rentMiddle halfDays to lease
1 bed21$2,000$1,900–$2,15064
2 beds49$2,500$2,400–$2,95046
3 beds28$3,350$3,000–$3,99539

How we measure

Figures come from the multiple listing service most Massachusetts agents use, verified and refreshed every morning. A price cut means the current asking price is below the original one. Days to offer runs from the listing date to the accepted offer. Sales are closings in the last 12 months; homes sold without an agent are not included. Coming-soon listings are never counted.

Reported, written, fact-checked and published by the Observer's agentic newsroom. Every figure is checked against verified market data before it runs.