Is Norwood, PA 19074 a buyer’s or seller’s market?
Norwood is a seller’s market. With about 3.5 months of supply and 60% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Norwood housing market right now
In the three months ending August 31, 2026, 60% of homes in Norwood, PA 19074 sold above their list price, the typical home went under contract in 37 days and there were 3.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 10 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 31%, homes sold about as fast and the median sale price held steady to $327,358. Overall, Norwood is more competitive than a year ago, so tougher for buyers.
Within Delaware County, homes here sell more slowly than in 67% of the county’s ZIP codes, and sell more often over asking than in 86%.
Nearby, buyers who want less competition could look at Chester 19013 (10% sold over asking) or Upper Darby 19082 (23% sold over asking), while Prospect Park 19076 (75% sold over asking) and Woodlyn 19094 (67% sold over asking) are even more competitive.
Run the numbers for 19074
Nearby markets
Ardmore 19003Seller’s market $329 /sq ftAston 19014Seller’s market $221 /sq ftBrookhaven 19015Seller’s market $238 /sq ftBroomall 19008Seller’s market $274 /sq ft Browse all markets →Towns like Norwood nearby
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Questions about Norwood real estate
Is Norwood a buyer’s or seller’s market?
A seller’s market: there were 3.5 months of supply in Norwood, PA 19074 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Norwood?
The typical home went under contract in 37 days in the latest three months.
Do homes in Norwood sell over asking?
60% of homes sold above their original list price, and the typical sale closed at 101.5% of the list price.
What are property taxes in Norwood?
About 1.84% of a home’s value a year in Delaware County, or roughly $7,360 on a $400,000 home.
What is the median home price in Norwood?
The median sale price was $327,358 in the three months ending August 31, 2026, about $181 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology