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Massachusetts Home Buyer Guide

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What is Causing Norwood, MA Home Sales to Plummet?

Jan 16, 2023 12:27:50 PM

Conventional wisdom would have you believe home sales are plunging in recent months solely because of higher mortgage interest rates. That's only part of the story. 

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Topics: Real Estate Market, Community Information, Massachusetts Home Prices, Massachusetts Association of Realtors, Norwood MA

Norwood, MA Real Estate and Community Guide

Jul 5, 2015 5:00:00 AM

Norwood, Massachusetts Town CommonNorwood Massachusetts is a suburb located southwest of Boston, with a population of just over 28,000 people. Bordered by Dedham, Canton and Walpole, Norwood has easy access to Routes 95 and 128, making it a short commuting distance by car to Boston, Providence or the Waltham area.

There are also a couple of MBTA commuter rail stations located in Norwood that have trains that run into Boston, making it a convenient for residents to commute in to Boston by train. Norwood is governed by a Board of Selectmen, with day-to-day operations being handled by a general manager. It has a representative form of Town Meeting, which is the legislative body for the town. First settled in the late 1600’s, Norwood was originally part of Dedham, but split off into its own town in the early 1870’s. Much like most of the towns in the area, Norwood played a role in the American Revolution, with a company of Minutemen who were organized in town.

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Topics: Real Estate Market, Community Information, Massachusetts Relocation, Norwood MA

Norwood, MA Median Home Price Increases 7.58% Through October 2013

Dec 6, 2013 3:56:00 PM

From January through October, the price of a single-family home in Norwood, Massachusetts has increased compared to the same period last year, according to data released by The Warren Group, publisher of Banker & Tradesman.

The median price of a single-family home increased 7.58 percent to $355,000 compared to $330,000 during the same ten-month period in 2012. In October 2013, the median price decreased 6.32 percent to $318,500 from $340,000 in October 2012.

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Topics: Real Estate Market, Community Information, Massachusetts Home Prices, Norwood MA

   

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