Housing & Real Estate — Norwood, Ohio

Overview

Total Housing Units9,892
Occupied8,805
Vacant1,087
Owner-Occupied4,155
Renter-Occupied4,650
Median Home Value (Census)$258,700
Estimated 2026~$283,000
Median Rent$925/mo
Median Property Tax$2,978/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilitymoderate
Rent as % of Income15.5%
Severely Rent-Burdened43.3%

Housing Age

Built 2010 or later442
Built 2000-200917
Built 1990-1999262
Built before 19608,020
Median Year Built1938
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.