Schools In The Area
Area Highlights
A quick view of the most influential metrics in Norwood.
Norwood, NJ Market Snapshot (NJMLS)
Annual market stats for Norwood from the NJMLS Statistics Report (all property types, Jan 1–Dec 31).
Town-level markets can vary year to year, so we show the latest year plus multi-year context.
Full Year 2025 (Jan 1–Dec 31)
|
Homes Sold
57
|
Average Sale Price
$1,027,093
|
Average Days on Market
57
|
Sale-to-Original-List (Sale/OLP)
100.60%
|
|
Success Ratio
54.8%
Sold ÷ (Sold + Withdrawn + Expired)
|
3-Year Avg Sale Price (2023–2025)
~$936K
|
3-Year Avg DOM (2023–2025)
~48
|
3-Year Avg Sale/OLP (2023–2025)
~99.83%
|
Noteworthy 10-Year Trends (2016–2025)
- Higher price level: average sale price increased from $637K (2016) to $1.027M (2025), about a 61% rise over the decade.
- Faster market: avg DOM improved from 101 days (2016) to 57 days (2025), with the decade low at 33 days (2022).
- Stronger pricing outcomes: Sale/OLP moved from the low-to-mid 90% range (2016–2020) to ~99–101% in 2021–2025.
Market Insight
Norwood’s annual averages can swing because inventory mix changes year to year. Sale/OLP reflects how close
successful listings trade to their original asking price, while the success ratio (Sold ÷ [Sold + Withdrawn + Expired])
reflects how many listings convert to a closing. It’s common to see strong sale-to-list results in years where
well-positioned homes sell competitively, while the success ratio moves based on withdrawals and expirations.
Norwood NJMLS Annual Summary (2016–2025)
| Year | Homes Sold | Avg Sale Price | Avg DOM | Sale/OLP | Success Ratio |
|---|---|---|---|---|---|
| 2025 | 57 | $1,027,093 | 57 | 100.60% | 54.8% |
| 2024 | 43 | $943,120 | 38 | 100.57% | 51.8% |
| 2023 | 55 | $838,585 | 50 | 98.32% | 50.0% |
| 2022 | 86 | $809,758 | 33 | 99.15% | 70.5% |
| 2021 | 90 | $759,993 | 55 | 98.85% | 73.2% |
| 2020 | 88 | $636,727 | 63 | 96.12% | 48.6% |
| 2019 | 83 | $613,358 | 78 | 92.95% | 45.1% |
| 2018 | 71 | $646,180 | 87 | 93.20% | 43.0% |
| 2017 | 72 | $625,524 | 100 | 94.30% | 38.5% |
| 2016 | 72 | $636,597 | 101 | 93.67% | 38.6% |
Source: NJMLS Statistics Report — Norwood (0241), all property types/subtypes, Jan 1–Dec 31 each year.






