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NORWOOD, NC 28128

Real Estate Market Report
Buyer's Market
September 2026  ·  Source: Realtor.com

Market Analysis

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

The NORWOOD, NC real estate market (28128) currently shows 51 active listings, with 16 pending sales. Homes are averaging 65 days on the market before going under contract.

Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 65 days on market compared to 55 days last year.

The median listing price has risen 5.3% year-over-year, from $533,334 to $561,711.

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Market Context

Market Context

Population: 7,602  ·  Density: 42.9/mi²  ·  Median household income: $62,093

Typical home value: $154,596  ·  Homeownership: 74.2%

Market Overview

Active Listings
51
⇧ 34.2% vs 38 last year
Pending
16
31% pending ratio
Median Price
$561,711
⇧ 5.3% vs $533,334 last year
Average Price
$1,081,738
⇧ 21% vs $893,713 last year
Days on Market
65
⇧ 18.2% vs 55 days last year

Price Per Square Foot

Median $/sqft
$249
⇩ 1.6% vs $253/sqft last year
Median Home Size
1,964 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 51 this year vs 38 last year
  • Days on market: 65 now vs 55 last year

Median & Average Pricing

Year over Year
  • Median: $561,711 (+5.3% YoY)
  • Average: $1,081,738 (+21% 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 25.6 miles — 534 listings ($264,374,167 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
28128Norwood, NC 281280.0 mi29$26,703,055$576,583$920,795
28129Oakboro, NC 281299.6 mi34$14,263,714$373,425$419,521
28135Polkton, NC 2813512.8 mi8$6,756,400$513,675$844,550
28097Locust, NC 2809714.4 mi57$23,578,221$386,900$413,653
28170Wadesboro, NC 2817015.8 mi55$14,612,730$249,250$265,686
28103Marshville, NC 2810318.3 mi39$22,740,042$386,250$583,078
28124Mount Pleasant, NC 2812418.9 mi29$16,806,370$482,500$579,530
28091Lilesville, NC 2809120.4 mi5$1,309,000$205,000$261,800
28137Richfield, NC 2813720.5 mi9$5,115,753$504,900$568,417
28071Gold Hill, NC 2807122.9 mi8$4,052,400$519,950$506,550
28110Monroe, NC 2811023.3 mi254$126,460,250$445,483$497,875
28338Ellerbe, NC 2833824.2 mi3$843,900$299,900$281,300
27356Star, NC 2735625.6 mi4$1,132,332$249,850$283,083

Frequently Asked Questions

How many homes are for sale in NORWOOD, NC 28128?

As of September 2026, there are 51 active listings in NORWOOD, NC (zip code 28128), compared to 38 the prior year.

What is the median home price in NORWOOD, NC 28128?

The median listing price in NORWOOD, NC 28128 is $561,711 as of September 2026, a 5.3% increase from $533,334 the prior year.

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

Homes in NORWOOD, NC 28128 spend an average of 65 days on the market before going under contract, compared to 55 days the prior year.

Is it a seller's or buyer's market in NORWOOD, NC 28128?

Based on current inventory and days-on-market data as of September 2026, NORWOOD, NC 28128 is currently a Buyer's Market. Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 65 days on market compared to 55 days last year.

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

With SELL123.com's maximum 3% commission, sellers in NORWOOD, NC 28128 save an estimated $11,234 compared to a typical 5% commission on the median listing price of $561,711. 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.