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Norwood, KY
Full City Profile · Kentucky · Jefferson County County
3.9
/5.0
B+
Good
395
Population
3,292/sq mi density
$106,667
Median Income
$59,030 per capita
$347,400
Home Value
$154,718 Zillow
$1,798
Median Rent
32.5% income on rent
58°F
Avg Temperature
293 sunny days/yr
68
Violent Crime/100K
1,020 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$106,667 median income, 3.1% unemployment
A+
Affordability
4.9 / 5.0
$347,400 home value, $1,798/mo rent
F
Safety
1.0 / 5.0
68 violent crimes/100K
A+
Education
5.0 / 5.0
66.3% bachelor's degree or higher
Housing Overview
Median Home Value
$347,400
23% above
US avg: $281,900
Median Rent
$1,798/mo
55% above
US avg: $1,163/mo
Homeownership Rate
82.9%
27% above US avg (65.4%)
Total Housing Units
192
Median year built: 1958
Home Value by Source
Census Median
$347,400
Zillow (ZHVI)
$154,718
Median Sale Price
$630,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
82.9%
Owner-Occupied
17.1%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$719/mo
1 Bedroom
$794/mo
2 Bedroom
$984/mo
3 Bedroom
$1,277/mo
4 Bedroom
$1,442/mo
Census median rent:
$1,798/mo
Market Indicators (Redfin)
Median Days on Market
52 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$165
Affordability & Housing Stock
Rent Burden
32.5%
of renters spending 30%+ of income on housing
5% above US avg (31.0%)
Median Year Built
1958
Average age of housing stock: 68 years
Homeownership Rate
82.9%
Complete Housing Data
Home Values
| Census Median Value | $347,400 |
| Zillow Home Value (ZHVI) | $154,718 |
| Median Sale Price | $630,000 |
| Price Per Sq Ft | $165 |
Rent
| Census Median Rent | $1,798 |
| FMR Studio | $719 |
| FMR 1-Bedroom | $794 |
| FMR 2-Bedroom | $984 |
| FMR 3-Bedroom | $1,277 |
| FMR 4-Bedroom | $1,442 |
Market
| Days on Market | 52 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 0.0% |
| Homes Sold | 1 |
| Price Per Sq Ft | $165 |
Ownership & Stock
| Owner-Occupied | 82.9% |
| Renter-Occupied | 17.1% |
| Homeownership Rate | 82.9% |
| Total Housing Units | 192 |
| Median Year Built | 1958 |
| Rent Burden | 32.5% |