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Today: September 22, 2025

Current Price

$106,274

1 Month Forecast

$106,766

1-Year Forecast *

$111,744

5-Year Forecast *

$132,589

"Is it a good time to buy homes in Norwood?" "Does investing in real estate in Norwood (Illinois State, Peoria County) worth it?" According to our live Forecast System, buying a house in Norwood is a acceptable short-term (1-year) investment*. The Norwood average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Norwood" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Norwood in Illinois State, Peoria County. If you are looking for homes for sale with good flipping profit, Norwood can be a profitable property investment option. The median price of an average house in Norwood was 106,274 USD on 2025-09-22. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Norwood" area is 132,589 USD by 2030-09-22. For a 5-year investment the profit is expected to be around +24.76% meaning that investing 100000 USD today may yield a profit of 24,761 USD by 2030.

Current Median Listing Price: 106,274 USD Median Listing Price Per Square Foot: 59 USD

Norwood Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Norwood (Illinois State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2025-2031

The long-term housing forecast is based on all the available median listing price recorded up to today.

Norwood Price Target

Norwood median home price target in 12 months: $111,744* (upside of 5.1%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2024 $96,027 $106,274 $96,027 $106,274
2023 $87,893 $95,633 $87,609 $95,633
2022 $83,124 $88,127 $83,124 $88,127
2021 $76,715 $82,655 $76,715 $82,655
2020 $72,152 $75,967 $72,011 $75,967
2019 $72,458 $71,437 $71,093 $73,000
2018 $74,437 $72,770 $72,770 $75,113
2017 $72,264 $74,297 $71,808 $75,000
2016 $71,758 $72,557 $71,758 $75,260
2015 $72,426 $70,938 $68,890 $72,426
2014 $0 $0 $0 $0
2013 $0 $0 $0 $0
2012 $0 $0 $0 $0
2011 $0 $0 $0 $0

Questions & Answers about the Norwood Housing Market Forecast

How much does an average home cost in Norwood today?

The value of an average home (the listing price) in Norwood is $106,274 USD.

What is the average price per square foot in Norwood?

According to Walletinvestor the median price per square foot in Norwood is 59 USD.

Will the median listing price of homes in Norwood grow / rise / go up?

Yes. The Norwood home prices may rise from 106,274 USD to 111,744 USD in one year.

Is it profitable to invest in Norwood homes?

Yes. The long-term profit potential is +5.15% in one year.

Will Norwood house prices fall / drop?

No. See above.

What is the predicted price of a Norwood home in 2030?

The predicted home sales price of a Norwood home in 2030 in Norwood is 132,589 USD.

What is the predicted price of a Norwood home in 2035?

The predicted home sales price of a Norwood home in 2035 in Norwood is 164,326 USD.

Will real estate prices decrease in Norwood?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Norwood is the 30063. largest city in the United States, located in Illinois State.

During the last 12 months the real estate prices in Peoria, Norwood increased, looking at the past 12 months.

According to Walletinvestor's Norwood real estate market research, home values will increase in the next 12 months.

Median home values increased by 1.961% to 106,274 USD, between 2024-09-22 and 2025-09-22

The average annual profit of property investment was:

  • 5.397% in 2020
  • 6.457% in 2021
  • 6.757% in 2022
  • 7.107% in 2023
  • 5.937% in 2024
  • 3.247% in 2025

Based on our Norwood real estate market research and report the predicted sales prices will increase by 65.177% in the next 10 years.

Over the last 12 months, the value of homes in Norwood fluctuated: increasing 2 times and decreasing 1 times.

Norwood (Illinois) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Norwood Housing Market Forecast with Real Estate Prices for 2025
January 2025 106766 96624 116909
February 2025 107261 100825 113696
March 2025 107758 101939 113576
April 2025 108257 97864 118649
May 2025 108758 99078 118437
June 2025 109262 101176 117347
July 2025 109768 100657 118878
August 2025 110276 104321 116231
September 2025 110760 104446 117073
October 2025 111185 100511 121859
November 2025 111386 100804 121967
December 2025 111744 101687 121801
Norwood Housing Market Forecast with Real Estate Prices for 2026
January 2026 112261 102270 122252
February 2026 112781 104322 121240
March 2026 113092 106194 119991
April 2026 113616 107821 119410
May 2026 114142 104668 123616
June 2026 114671 103892 125450
July 2026 115202 108635 121768
August 2026 115735 104972 126499
September 2026 116271 108481 124061
October 2026 116810 109567 124052
November 2026 117351 107258 127443
December 2026 117272 108594 125950
Norwood Housing Market Forecast with Real Estate Prices for 2027
January 2027 117230 110900 123561
February 2027 117530 106012 129048
March 2027 117591 108184 126998
April 2027 117395 108825 125965
May 2027 117199 109933 124466
June 2027 117742 110206 125277
July 2027 118287 106813 129761
August 2027 118835 107783 129887
September 2027 119385 113416 125355
October 2027 119938 113582 126295
November 2027 119810 109746 129874
December 2027 120365 108569 132161
Norwood Housing Market Forecast with Real Estate Prices for 2028
January 2028 120923 113909 127936
February 2028 121483 115165 127800
March 2028 121943 114627 129260
April 2028 122446 114977 129915
May 2028 123013 114525 131501
June 2028 123583 112831 134334
July 2028 124155 115961 132349
August 2028 124730 115375 134085
September 2028 125308 116160 134455
October 2028 125888 117202 134574
November 2028 126471 114962 137980
December 2028 126260 118432 134088
Norwood Housing Market Forecast with Real Estate Prices for 2029
January 2029 126050 118235 133865
February 2029 126633 116249 137017
March 2029 127220 120350 134090
April 2029 127809 118096 137523
May 2029 128401 116203 140599
June 2029 128996 122417 135574
July 2029 129593 118578 140608
August 2029 130193 119387 140999
September 2029 130796 118894 142699
October 2029 131402 121152 141651
November 2029 132010 120789 143231
December 2029 132589 125695 139484
Norwood Housing Market Forecast with Real Estate Prices for 2030
January 2030 133098 122184 144012
February 2030 133339 123872 142806
March 2030 133767 124136 143399
April 2030 134387 124577 144197
May 2030 135009 124208 145810
June 2030 135382 124010 146754
July 2030 136009 126216 145801
August 2030 136638 128850 144427
September 2030 137271 127250 147292
October 2030 137907 130322 145492
November 2030 138546 130371 146720
December 2030 139187 132089 146286
Norwood Housing Market Forecast with Real Estate Prices for 2031
January 2031 139832 126408 153256
February 2031 140479 131910 149049
March 2031 140385 129295 151476
April 2031 140335 128547 152123
May 2031 140694 133237 148151
June 2031 140767 129787 151747
July 2031 140532 127463 153602
August 2031 140298 127250 153346
September 2031 140948 131363 150532
October 2031 141601 131689 151513
November 2031 142256 132014 152499
December 2031 142915 134626 151204
Norwood Housing Market Forecast with Real Estate Prices for 2032
January 2032 143577 131229 155925
February 2032 143424 130946 155902
March 2032 144088 134434 153742
April 2032 144755 135636 153875
May 2032 145426 132919 157932
June 2032 145977 135905 156050
July 2032 146579 133533 159624
August 2032 147258 135183 159333
September 2032 147940 138176 157704
October 2032 148625 138370 158880
November 2032 149313 141400 157227
December 2032 150005 138304 161705

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.