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CO area data

Norwood, CO

Norwood, CO.

Population: 1,176 (Census ACS)

The median home value in Norwood, CO is $463,865 — down 0.7% over the past year. Homes sell for a median $390,000 after a median 136 days on market. 1 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Very Low, with avalanche the top-rated hazards. Cost of living is 3.1% above the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$463,865

Median home value

-0.7%

1-year change

136

Median days on market

Very Low

Hazard risk (county)

Home values & appreciation

Median home value
$463,865
1-year appreciation
-0.7%
3-year appreciation
-2.6%
5-year appreciation
+13.3%
All-time peak (2025-02)
$479,740
House Price Index (state)
687.4 (-0.6% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$390,000
Median list price
$573,500
Median price per sqft
$292
1-year sale-price change
-50.3%
Median days on market
136 days
Homes sold (recent period)
3
For-sale inventory
28
Sale-to-list ratio
93.8%
Active listings
7
1-year forecast
+1.7%
New listings (monthly)
4

Source: recent area sales and market data (ZIP-level)

Rents

Studio fair-market rent
$1,136/mo
1BR fair-market rent
$1,377/mo
2BR fair-market rent
$1,631/mo
3BR fair-market rent
$2,258/mo
4BR fair-market rent
$2,533/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Above Average)
103.1 (100 = US avg)
Electricity rate (state-level)
15.9¢/kWh
Natural gas rate (state-level)
$11.20/MCF
30-year mortgage rate (national)
7.40%
15-year mortgage rate (national)
6.73%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
1
Elementary schools
0
Middle schools
0
High schools
0
Avg student-teacher ratio
11.4 : 1
Schools include
Norwood Public Schools

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Very Low
Top hazards (county)
avalanche
Notable hazard ratings (county)
wildfire: Relatively Low · avalanche: Relatively High · landslide: Relatively Low · lightning: Relatively Low · winterWeather: Relatively Low
Wildfire risk to homes (county)
Higher than 83% of US counties
Buildings in wildfire direct-exposure zone
76.5%
Radon potential (county)
High radon potential — EPA Zone 1 of 3
EPA Superfund (NPL) sites within 5 mi
None
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Annual precipitation
28.3 in
USDA plant hardiness zone
6a (extreme annual low -10 to -5°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Air quality

Air quality rating
Good
Median AQI (annual)
36
Days with Good air quality
303
Days with Moderate air quality
62
Highest AQI recorded (year)
94

Source: EPA air quality data (nearest monitoring station, annual)

Amenities

National parks within ~60 mi
4
Nearest national park
Black Canyon Of The Gunnison National Park (50 mi)
National parks include
Black Canyon Of The Gunnison National Park, Mesa Verde National Park, Yucca House National Monument
Airports within 30 mi
6
Nearest airport
Williams Ranch Airport (9 mi)
Nearest major airport
Telluride Regional Airport (TEX) (23 mi)
Hospitals nearby (~15 mi)
3
Hospitals include
MONTROSE REGIONAL HEALTH, MERCY REGIONAL MEDICAL CENTER, ANIMAS SURGICAL HOSPITAL, LLC
Avg hospital rating (CMS)
4.5 / 5
Best hospital rating nearby (CMS)
5.0 / 5
Solar radiation rating
Good (4.9 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
-49 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,988
Housing built before 1970
25.6%
Housing built 2000 or later
26.2%
Median annual property tax
$979
Households with broadband internet
50.9%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
5,217
Average weekly wage
$1,133
Top industries (by employment)
Accommodation & Food, Arts & Entertainment, Construction
Annual residential building permits (county)
51

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

NorwoodState medianUS median
Median home value$463,865$493,059$288,527
Median sale price$390,000$495,000$325,000
Median days on market136 days48 days51 days
Median annual property tax$979$1,694$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in Norwood, CO?
$463,865.
What is the median sale price in Norwood, CO?
$390,000.
How long do homes take to sell in Norwood, CO?
Median days on market: 136 days.
What is typical rent in Norwood, CO?
2-bedroom fair-market rent: $1,631/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
What is the natural-hazard risk in Norwood, CO?
Overall risk: Very Low (FEMA NRI, county-level). Top hazards: avalanche.
What is the wildfire risk in Norwood, CO?
Risk to homes is higher than 83% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in Norwood, CO?
High radon potential — EPA Zone 1 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near Norwood, CO?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve Norwood, CO?
1 schools (NCES, 2022-23).
What is the air quality in Norwood, CO?
Good. Median AQI: 36. (EPA AQI).
What is the cost of living in Norwood, CO?
Regional Price Parity: 103.1 (100 = US average) (Above Average) (BEA RPP, metro/state-level).

ZIP code for Norwood

Listing a home in Norwood, CO?

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Data last updated

Most recent source refresh: Oct 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents