Current Price

$106,274

1 Month Forecast

â–² $106,754

1-Year Forecast *

â–² $111,447

5-Year Forecast *

â–² $131,041

"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 not so good 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 2026-02-04. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Norwood" area is 131,041 USD by 2031-02-04. For a 5-year investment the profit is expected to be around +23.31% meaning that investing 100000 USD today may yield a profit of 23,305 USD by 2031.

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: 2026-2032

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: $111,447* (upside of 4.9%)

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

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 111,447 USD in one year.

Is it profitable to invest in Norwood homes?

Yes. The long-term profit potential is +4.87% 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 124,960 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 154,081 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 remained stable, 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 remained unchanged to 106,274 USD, between 2025-02-04 and 2026-02-04

The average annual profit of property investment was:

  • 3.957% in 2021
  • 5.977% in 2022
  • 4.067% in 2023
  • 4.357% in 2024
  • 4.817% in 2025
  • 4.297% in 2026

Based on our Norwood real estate market research and report the predicted sales prices will increase by 60.839% in the next 10 years.

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

Below you will find the price predictions for 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 106754 96613 116896
February 2025 107236 101660 112813
March 2025 107721 99103 116338
April 2025 108193 99646 116740
May 2025 108609 99268 117949
June 2025 108805 102603 115007
July 2025 109154 103042 115267
August 2025 109648 102959 116336
September 2025 110143 99789 120496
October 2025 110447 101280 119614
November 2025 110946 103401 118490
December 2025 111447 104426 118468
Norwood Housing Market Forecast with Real Estate Prices for 2026
January 2026 111950 104002 119898
February 2026 112456 101323 123589
March 2026 112964 103023 122904
April 2026 113474 106665 120282
May 2026 113986 107945 120028
June 2026 114501 106830 122173
July 2026 114425 104241 124609
August 2026 114384 108665 120103
September 2026 114676 104929 124424
October 2026 114736 106819 122653
November 2026 114532 104110 124955
December 2026 114329 106783 121875
Norwood Housing Market Forecast with Real Estate Prices for 2027
January 2027 114846 106232 123459
February 2027 115364 104520 126209
March 2027 115885 104413 127358
April 2027 116409 106398 126420
May 2027 116935 110269 123600
June 2027 116810 110736 122884
July 2027 117337 109593 125082
August 2027 117867 107967 127768
September 2027 118400 110585 126214
October 2027 118849 109222 128476
November 2027 119339 113372 125306
December 2027 119878 111846 127910
Norwood Housing Market Forecast with Real Estate Prices for 2028
January 2028 120419 110545 130294
February 2028 120963 110923 131003
March 2028 121510 111546 131473
April 2028 122058 115834 128283
May 2028 122610 110962 134258
June 2028 123164 113557 132770
July 2028 122945 110774 135117
August 2028 122727 111068 134386
September 2028 123281 112309 134254
October 2028 123838 115665 132012
November 2028 124398 113451 135345
December 2028 124960 114338 135581
Norwood Housing Market Forecast with Real Estate Prices for 2029
January 2029 125524 113097 137951
February 2029 126075 117249 134900
March 2029 126559 118712 134405
April 2029 126787 116264 137311
May 2029 127195 114475 139914
June 2029 127769 118825 136713
July 2029 128346 115768 140924
August 2029 128700 122265 135135
September 2029 129282 122430 136134
October 2029 129866 122204 137528
November 2029 130452 117537 143367
December 2029 131041 119117 142966
Norwood Housing Market Forecast with Real Estate Prices for 2030
January 2030 131633 121761 141506
February 2030 132228 125220 139236
March 2030 132825 125520 140131
April 2030 133425 123552 143299
May 2030 133336 121469 145203
June 2030 133288 123025 143551
July 2030 133629 126547 140712
August 2030 133698 120328 147068
September 2030 133461 126521 140401
October 2030 133224 125098 141351
November 2030 133826 123254 144399
December 2030 134431 121391 147471
Norwood Housing Market Forecast with Real Estate Prices for 2031
January 2031 135038 123290 146786
February 2031 135648 128459 142837
March 2031 136261 124815 147707
April 2031 136115 127948 144282
May 2031 136730 128116 145344
June 2031 137348 125810 148885
July 2031 137968 129966 145970
August 2031 138491 126027 150956
September 2031 139062 131414 146711
October 2031 139690 131728 147653
November 2031 140321 128254 152389
December 2031 140955 127987 153923

> 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.