Housing & Real Estate — Norwood, Illinois
Overview
| Total Housing Units | 217 |
| Occupied | 201 |
| Vacant | 16 |
| Owner-Occupied | 177 |
| Renter-Occupied | 24 |
| Median Home Value (Census) | $97,000 |
| Estimated 2026 | ~$106,000 |
| Median Rent | $1,000/mo |
| Median Property Tax | $2,681/yr |
Affordability
| Home Price to Income Ratio | N/Ax |
| Home Affordability | affordable |
| Rent as % of Income | 17.2% |
| Severely Rent-Burdened | 22.2% |
Housing Age
| Built 2010 or later | 3 |
| Built 2000-2009 | 4 |
| Built 1990-1999 | 9 |
| Built before 1960 | 139 |
| Median Year Built | 1955 |
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.