Housing & Real Estate — Norwood, Illinois

Overview

Total Housing Units217
Occupied201
Vacant16
Owner-Occupied177
Renter-Occupied24
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 RatioN/Ax
Home Affordabilityaffordable
Rent as % of Income17.2%
Severely Rent-Burdened22.2%

Housing Age

Built 2010 or later3
Built 2000-20094
Built 1990-19999
Built before 1960139
Median Year Built1955
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.