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NORWOOD, NJ 07648

Real Estate Market Report  ·  Bergen County
Seller's Market
September 2026  ·  Source: Realtor.com

Market Analysis

Data as of September 2026. Source: Realtor.com.

The NORWOOD, NJ real estate market (07648) currently shows 18 active listings, with 4 pending sales. Homes are averaging 28 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 28 days on market compared to 37 days last year.

The median listing price has fallen 5.2% year-over-year, from $996,250 to $944,450.

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Market Context

Market Context

Population: 5,657  ·  Density: 784.3/mi²  ·  Median household income: $156,630

Typical home value: $639,417  ·  Homeownership: 84.9%

Market Overview

Active Listings
18
⇩ 10% vs 20 last year
Pending
4
22% pending ratio
Median Price
$944,450
⇩ 5.2% vs $996,250 last year
Average Price
$1,255,154
⇩ 2.8% vs $1,291,582 last year
Days on Market
28
⇩ 24.3% vs 37 days last year

Price Per Square Foot

Median $/sqft
$125
⇩ 71.6% vs $440/sqft last year
Median Home Size
49,761 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 18 this year vs 20 last year
  • Days on market: 28 now vs 37 last year

Median & Average Pricing

Year over Year
  • Median: $944,450 (-5.2% YoY)
  • Average: $1,255,154 (-2.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 5.4 miles — 140 listings ($239,941,284 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
07648Norwood, NJ 076480.0 mi10$13,492,620$1,220,000$1,349,262
07624Closter, NJ 076241.5 mi16$28,741,168$1,749,999$1,796,323
10983Tappan, NY 109832.4 mi6$4,067,250$656,750$677,875
07627Demarest, NJ 076272.7 mi23$63,336,963$2,886,250$2,753,781
10976Sparkill, NY 109762.8 mi3$4,515,000$805,000$1,505,000
07641Haworth, NJ 076413.2 mi6$14,318,250$2,575,000$2,386,375
07626Cresskill, NJ 076263.7 mi17$48,285,916$2,319,250$2,840,348
07628Dumont, NJ 076284.0 mi7$4,405,380$618,000$629,340
10706Hastings On Hudson, NY 107064.3 mi9$9,322,596$1,031,250$1,035,844
10522Dobbs Ferry, NY 105224.7 mi12$18,076,260$1,518,725$1,506,355
07649Oradell, NJ 076494.9 mi6$7,772,358$1,187,000$1,295,393
10913Blauvelt, NY 109135.2 mi6$9,468,540$1,299,000$1,578,090
07621Bergenfield, NJ 076215.4 mi19$14,138,983$657,475$744,157

Frequently Asked Questions

How many homes are for sale in NORWOOD, NJ 07648?

As of September 2026, there are 18 active listings in NORWOOD, NJ (zip code 07648), compared to 20 the prior year.

What is the median home price in NORWOOD, NJ 07648?

The median listing price in NORWOOD, NJ 07648 is $944,450 as of September 2026, a 5.2% decrease from $996,250 the prior year.

How long do homes stay on the market in NORWOOD, NJ?

Homes in NORWOOD, NJ 07648 spend an average of 28 days on the market before going under contract, compared to 37 days the prior year.

Is it a seller's or buyer's market in NORWOOD, NJ 07648?

Based on current inventory and days-on-market data as of September 2026, NORWOOD, NJ 07648 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 28 days on market compared to 37 days last year.

How much can I save on real estate commission in NORWOOD, NJ?

With SELL123.com's maximum 3% commission, sellers in NORWOOD, NJ 07648 save an estimated $18,889 compared to a typical 5% commission on the median listing price of $944,450. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.