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Norwood, IL Housing

 
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As of 2010-2014, median price of a house in Norwood is $92,500, which is much lower than the state average of $175,700 and is much lower than the national average of $175,700. The Norwood median house value has grown by 37.24% since 2000. The growth rate for the price of a house in Norwood is higher than the state average rate of 34.33% and is lower than the national average rate of 46.91%. The median year that a house in Norwood was built is 1953, which is older than the median year for a house built in the state which is 1967 and is older than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 174 Owner Occupied Houses in Norwood, IL, #647
Norwood, IL
92,500 USD
Illinois
175,700 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #566
Norwood, IL
37.24%
Illinois
34.33%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Norwood, ILIllinoisU.S.
Total Housing Units207, see rank, 100%5,299,433132,741,033
Occupied Housing Units191, 92.27%, see rank90.17%87.55%
Owner Occupied174, 84.06%, see rank60.28%56.34%
Renter Occupied17, 8.21%, see rank29.89%31.21%
Vacant Housing Units16, 7.73%, see rank9.83%12.45%
For Rent0, 0.00%, see rank2.18%2.34%
For Sale Only0, 0.00%, see rank1.36%1.20%
Rented or Sold, Not Occupied0, 0.00%, see rank0.87%0.92%
For Seasonal, Recreational, or Occasional Use0, 0.00%, see rank0.95%3.97%
For Migrant Workers0, 0.00%, see rank0.01%0.03%
Other Vacant16, 7.73%, see rank4.46%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #987
Norwood, ILIllinoisU.S.
195319671976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Norwood, IL%IllinoisU.S.
Owner-Occupied Units174100%3,194,70774,787,460
With a Mortgage9252.87%, see rank67.18%65.58%
Without a Mortgage8247.13%, see rank32.82%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Norwood, IL
1,000 USD
Illinois
1,676 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsNorwood, IL%IllinoisU.S.
$299 or Less22.17%, see rank0.14%0.20%
$300 to $49999.78%, see rank1.21%1.59%
$500 to $69955.43%, see rank4.05%5.01%
$700 to $9993032.61%, see rank11.52%14.32%
$1,000 to $1,4993942.39%, see rank24.62%27.90%
$1,500 to $1,99955.43%, see rank22.62%20.35%
$2,000 to $2,99900.00%, see rank24.08%19.52%
$3,000 or More22.17%, see rank11.76%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Norwood, IL
21.70% of the Total Income
Illinois
24.20% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Norwood, IL%IllinoisU.S.
10% or Less1111.96%, see rank5.20%5.86%
10% to 20%3234.78%, see rank31.00%31.95%
20% to 30%2931.52%, see rank27.90%27.64%
30% to 40%77.61%, see rank14.28%13.74%
40% or More1314.13%, see rank21.15%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Norwood, IL
344 USD
Illinois
572 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsNorwood, IL%IllinoisU.S.
$199 or Less78.54%, see rank4.12%7.76%
$200 to $2991923.17%, see rank8.95%14.70%
$300 to $4993745.12%, see rank27.30%34.63%
$500 to $6991518.29%, see rank25.34%21.16%
$700 or More44.88%, see rank34.29%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Norwood, IL
10.80% of the Total Income
Illinois
13.50% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Norwood, IL%IllinoisU.S.
10% or Less3947.56%, see rank34.64%40.19%
10% to 20%2834.15%, see rank34.00%31.47%
20% to 30%1214.63%, see rank13.55%12.24%
30% to 40%33.66%, see rank6.36%5.64%
40% or More00.00%, see rank10.25%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Norwood, ILIllinoisU.S.
Total Housing Units207, 100%5,299,433132,741,033
1-unit, Detached202, 97.58%, see rank58.58%61.65%
1-unit, Attached4, 1.93%, see rank5.85%5.82%
2 Units0, 0.00%, see rank5.71%3.75%
3 or 4 Units0, 0.00%, see rank6.80%4.43%
5 to 9 Units0, 0.00%, see rank6.22%4.78%
10 or More Units0, 0.00%, see rank14.23%13.08%
Mobile Home, Boat, RV, Van, etc.1, 0.48%, see rank2.61%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Norwood, ILIllinoisU.S.
Total Housing Units207, 100%5,299,433132,741,033
1 Room0, 0.00%, see rank2.20%1.95%
2 Rooms1, 0.48%, see rank2.22%2.48%
3 Rooms4, 1.93%, see rank8.27%9.13%
4 Rooms25, 12.08%, see rank16.08%16.60%
5 Rooms67, 32.37%, see rank20.31%20.41%
6 Rooms34, 16.43%, see rank18.17%18.06%
7 Rooms39, 18.84%, see rank12.12%12.27%
8 Rooms23, 11.11%, see rank8.93%8.48%
9 Rooms or More14, 6.76%, see rank11.70%10.60%
Median Rooms5.70, see rank5.605.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Norwood, ILIllinoisU.S.
Total Housing Units207, 100%5,299,433132,741,033
No Bedroom0, 0.00%, see rank2.50%2.17%
1 Bedroom11, 5.31%, see rank11.67%11.16%
2 Bedrooms81, 39.13%, see rank29.01%26.69%
3 Bedrooms97, 46.86%, see rank36.76%39.70%
4 Bedrooms16, 7.73%, see rank15.97%16.05%
5 or More Bedrooms2, 0.97%, see rank4.10%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Norwood, ILIllinoisU.S.
Total Housing Units191, 100%4,778,633116,211,092
Utility Gas183, 95.81%, see rank79.46%48.85%
Bottled, Tank, or LP Gas0, 0.00%, see rank4.08%4.86%
Electricity8, 4.19%, see rank14.82%36.68%
Fuel Oil, Kerosene, etc.0, 0.00%, see rank0.20%5.86%
Coal or Coke0, 0.00%, see rank0.02%0.12%
Wood0, 0.00%, see rank0.50%2.12%
Solar Energy0, 0.00%, see rank0.02%0.05%
Other Fuel0, 0.00%, see rank0.45%0.47%
No Fuel Used0, 0.00%, see rank0.46%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalNorwood, ILIllinoisU.S.
Occupied Units Paying Rent9, 100%1,513,61739,201,928
$199 or Less0, 0.00%, see rank1.84%1.50%
$200 to $2990, 0.00%, see rank3.23%3.18%
$300 to $4990, 0.00%, see rank7.28%7.37%
$500 to $6999, 100.00%, see rank15.00%16.01%
$700 to $9990, 0.00%, see rank33.11%29.17%
$1,000 to $1,4990, 0.00%, see rank26.04%26.88%
$1,500 to $1,9990, 0.00%, see rank8.81%9.79%
$2,000 or More0, 0.00%, see rank4.70%6.10%
Median$595, see rank$903$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Norwood, ILIllinoisU.S.
Occupied Housing Units191, 100%4,778,633116,211,092
No Vehicles Available1, 0.52%, see rank10.79%9.12%
1 Vehicles Available62, 32.46%, see rank35.14%33.80%
2 Vehicles Available62, 32.46%, see rank36.99%37.48%
3 or More Vehicles Available66, 34.55%, see rank17.09%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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