Why Live in Norwood Cherrylee
Norwood Cherrylee is a well-established neighborhood in north El Monte. A hub for the San Gabriel Valley, El Monte has a robust commercial component and access to two interstates. Downtown Los Angeles is about 15 miles to the west. Norwood Cherrylee is primarily residential, but plenty of shopping and recreational spaces are close to home. The streets are walkable, though in some cases, sidewalks are only on one side. Palm, maple and cypress trees are among the trees in Norwood Cherrylee, and many lots are fronted by metal fencing or low brick walls. Some of the oldest homes in Norwood Cherrylee are early 20th-century bungalows, and the newest are 2020s contemporaries or custom homes. Most common, however, are ranch-style homes from the 1940s through the 1960s. Prices for single-family homes are typically in the $600,000s to over $1 million. "You could pay a million dollars for a place, and you sometimes get bigger lots, but it depends," says Aguilar. She says multiunit properties with large lots are a versatile option for those who find them: "They'll buy one unit to live in and rent out the rest." Condos and townhouses, many of which date to the 1980s, have sold in the $200,000s
Home Trends in Norwood Cherrylee, CA
On average, homes in Norwood Cherrylee, El Monte sell after 36 days on the market compared to the national average of 51 days. The median sale price for homes in Norwood Cherrylee, El Monte over the last 12 months is $800,000, up 5% from the median home sale price over the previous 12 months.
Median Sale Price
$800,000
Median Single Family Sale Price
$805,000
Median Townhouse Sale Price
$817,495
Median 2 Bedroom Sale Price
$550,000
Median 1 Bedroom Sale Price
$338,050
Average Price Per Sq Ft
$589
Number of Homes for Sale
20
Last 12 months Home Sales
89
Median List Price
$798,000
Median Change From 1st List Price
-1%
Median Home Sale Price YoY Change
5%