Norwood, Hennepin County, MN Housing Trends, Rent, Price-to-Rent

Market Summary

Norwood, Hennepin County, MN

Median Home Price Price

$318,763 $318.8K

Median Monthly Rent Rent

$1,650 $1.6K

GRM

16.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Norwood, MN is $1,650, with MoM change +$13 and YoY change +$63 pointing to positive momentum while volatility is low (std $13).

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Metric

Base market Norwood, MN

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Delta vs base

Median rent

$1,650

N/A

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Median price

$318,763

N/A

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YoY change

+$63

N/A

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Price-to-rent

16.1x

Data unavailable

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