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Norwood, NC
Full City Profile · North Carolina · Stanly County County
3.1
/5.0
B
Good
3,110
Population
670/sq mi density
$57,953
Median Income
$29,228 per capita
$178,900
Home Value
$279,411 Zillow
$891
Median Rent
25.7% income on rent
60°F
Avg Temperature
310 sunny days/yr
586
Violent Crime/100K
4,877 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$57,953 median income, 3.5% unemployment
A+
Affordability
5.0 / 5.0
$178,900 home value, $891/mo rent
F
Safety
1.0 / 5.0
586 violent crimes/100K (54% above avg)
C+
Education
2.6 / 5.0
19.5% bachelor's degree or higher
Housing Overview
Median Home Value
$178,900
37% below
US avg: $281,900
Median Rent
$891/mo
23% below
US avg: $1,163/mo
Homeownership Rate
64.3%
2% below US avg (65.4%)
Total Housing Units
1,444
Median year built: 1963
Home Value by Source
Census Median
$178,900
Zillow (ZHVI)
$279,411
Median Sale Price
$226,000
Median List Price
$250,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
64.3%
Owner-Occupied
35.7%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$932/mo
1 Bedroom
$981/mo
2 Bedroom
$1,161/mo
3 Bedroom
$1,499/mo
4 Bedroom
$1,780/mo
Census median rent:
$891/mo
Market Indicators (Redfin)
Median Days on Market
87 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
4
Price Drops
21.4%
of listings with price reduction
Price Per Sq Ft
$186
Active Inventory
14
homes for sale
Affordability & Housing Stock
Rent Burden
25.7%
of renters spending 30%+ of income on housing
17% below US avg (31.0%)
Median Year Built
1963
Average age of housing stock: 63 years
Homeownership Rate
64.3%
Complete Housing Data
Home Values
| Census Median Value | $178,900 |
| Zillow Home Value (ZHVI) | $279,411 |
| Median Sale Price | $226,000 |
| Median List Price | $250,000 |
| Price Per Sq Ft | $186 |
Rent
| Census Median Rent | $891 |
| FMR Studio | $932 |
| FMR 1-Bedroom | $981 |
| FMR 2-Bedroom | $1,161 |
| FMR 3-Bedroom | $1,499 |
| FMR 4-Bedroom | $1,780 |
Market
| Days on Market | 87 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 21.4% |
| Homes Sold | 4 |
| Active Inventory | 14 |
| Price Per Sq Ft | $186 |
Ownership & Stock
| Owner-Occupied | 64.3% |
| Renter-Occupied | 35.7% |
| Homeownership Rate | 64.3% |
| Total Housing Units | 1,444 |
| Median Year Built | 1963 |
| Rent Burden | 25.7% |