MN area data
Norwood, MN
Norwood, MN.
Population: 1,775 (Census ACS)
Home values & appreciation
- Median home value
- $364,947
- 1-year appreciation
- +4.1%
- 3-year appreciation
- +8.2%
- 5-year appreciation
- +20.4%
- 10-year appreciation
- +74.7%
- All-time peak (2026-07)
- $364,947
- House Price Index
- 429.3 (+3.3% YoY)
Market activity
- Median sale price
- $375,000
- Median list price
- $299,900
- Median days on market
- 57 days
- Sale-to-list ratio
- 97.6%
- Active listings
- 3
- 1-year forecast
- -0.2%
Rents
- 2-bedroom fair-market rent (HUD reference)
- $1,176/mo
- 3BR fair-market rent
- $1,529/mo
Affordability
- Cost of living index (Average)
- 97.5 (100 = US avg)
- Electricity rate (state-level)
- 15.8¢/kWh
- Natural gas rate (state-level)
- $11.00/MCF
- 30-year mortgage rate (national)
- 6.66%
- 15-year mortgage rate (national)
- 6.00%
Schools
- Total schools
- 3
- Elementary schools
- 1
- Middle schools
- 1
- High schools
- 1
Natural hazards & flood risk
- Overall hazard risk
- Relatively Low
- Top hazards
- strongWind, coldWave, hail, iceStorm, tornado
- FEMA flood zone
- X
- Flood risk level
- Minimal
Climate (30-year normals)
- Average annual temperature
- 45.0°F
- Average high
- 54.0°F
- Average low
- 36.0°F
Walkability & transit
- Walkability index
- 3.8 / 20
- Transit service frequency
- -99,999
Amenities
- National parks within ~60 mi
- 1
- Nearest national park
- Mississippi National River & Recreation Area (42 mi)
- Nearest airport
- Sons Private-Commercial Airport (3 mi)
- Nearest major airport
- Minneapolis–Saint Paul International Airport / Wold–Chamberlain Field (MSP) (35 mi)
- Hospitals nearby (~15 mi)
- 2
- Avg hospital rating
- 5.0 / 5
- Solar radiation rating
- Fair (3.8 kWh/m²/day)
Migration
- Net migration
- +370 tax filers
Housing stock
- Median year housing built
- 1,978
- Median annual property tax
- $3,297
- Mean commute to work
- 30 min
- Households with broadband internet
- 52.8%
Employment & development
- Total county employment
- 36,456
- Average weekly wage
- $1,300
- Top industries (by employment)
- Health Care, Accommodation & Food, Construction
- Annual residential building permits (county)
- 662
Area data compiled from public government, academic, and industry research feeds. Data sources →
Data last updated
Most recent source refresh: Aug 2026. See all data sources →