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Norwood Homes for Sale

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    $110,000

    • 4 Beds
    • 1 Bath
    • 2,720 Sq Ft

    716 N Trade Wind Dr, Peoria, IL 61604

    Great space & potential in this 4-level home on large 1/3-acre wooded lot. Covered patio provides outdoor living space or extra covered parking. Roof approximately 10 years old. Home sold "as is" -- no seller repairs. Large main floor family room and living room with large windows and wood floors.

    Marilyn Kohn RE/MAX Traders Unlimited

    716 N Trade Wind Dr, Peoria, IL 61604
  • /45

    $124,900

    • 3 Beds
    • 2 Baths
    • 1,650 Sq Ft

    1121 N Wood Rd, Peoria, IL 61604

    Charming ranch home with attached garage and detached garage on almost an acre in Peoria County. Nestled on just under an acre of property this 3 bedroom 2 bath home offers a great opportunity for the right buyer. The home features an attached garage for convenience and a detached garage perfect for hobbies, storage, or a workshop. Inside you will find main floor laundry hookups and a

    Shelly Koeppel eXp Realty

    1121 N Wood Rd, Peoria, IL 61604
  • /7

    $15,000

    • Land
    • 0.26 Acre
    • $57,692 per Acre

    1606 N Boyd Ave, Peoria, IL 61604

    Welcome to 1606 N Boyd Ave! Nice corner lot with chain link fence. Located right across from the park and play ground. Electric, gas and water at the street.

    Adam Merrick Adam Merrick Real Estate

    1606 N Boyd Ave, Peoria, IL 61604

Why Live in Norwood

Norwood is a neighborhood known for its expansive woods and farmland, offering a slower-paced lifestyle compared to areas closer to Downtown Peoria, which is just 7 miles east. The area features calm subdivisions branching out from West Plank Road, the main thoroughfare, with residential streets lined with greenery. Homes in Norwood include small Cape Cods and ranch-style houses from the 1960s and 1970s on spacious lots ranging from a quarter to ten acres. The Lake Long Bow community offers 1970s split-level homes with lake views and docks for fishing or boating. Local amenities along West Plank Road include a Dollar General for essentials and Casey’s for pizza, wings, and sandwiches. Bellevue Tap and Hogs & Dogs Saloon are popular spots for nightlife, offering live music, sports, and late-night hours. Fairview Farms is a long-standing eatery known for its fried chicken and family-style meals. Norwood provides ample recreational opportunities, including year-round fishing at Lake Long Bow and the member-owned Timberlake Club, which features two lakes, a sandy beach, and a nine-hole golf course. The neighborhood is conveniently located near Interstate 474 and just 3 miles from General Wayne Downing Peoria International Airport, providing easy travel options.

Frequently Asked Questions

Is Norwood a good place to live?
Norwood is a good place to live. Norwood is considered very car-dependent and somewhat bikeable. Norwood is a neighborhood with a crime score of 2, making it safer than the average neighborhood in the U.S. Norwood has 6 parks for recreational activities. It is sparse in population with 1.1 people per acre and a median age of 42. The average household income is $74,718 which is below the national average. College graduates make up 16.7% of residents. A majority of residents in Norwood are home owners, with 16% of residents renting and 84% of residents owning their home. A local real estate agent serving Norwood can help you decide if this neighborhood is the right one for you. Learn more on our Norwood neighborhood guide.
Is Norwood, IL a safe neighborhood?
Norwood, IL is safer than the average neighborhood in the United States. It received a crime score of 2 out of 10.
How much do you need to make to afford a house in Norwood?
The median home price in Norwood is $489,000. If you put a 20% down payment of $97,800 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $2,530 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $108K a year to afford the median home price in Norwood. The average household income in Norwood is $75K.
What are the best public schools in Norwood?
The best public schools that serve Norwood are:
What are the best private schools in Norwood?
The best private schools that serve Norwood are:
What are the most popular zip codes in Norwood, Norwood, IL?
The most popular zip codes in Norwood, Norwood, IL include 61604, 61607, 61615, 61547 and 61605.
What are the most popular neighborhoods near Norwood, Norwood, IL?
The most popular neighborhoods near Norwood, Norwood, IL are North Peoria, Lexington Hills, Sterling Oaks, South Side Up and Hamilton Park.

Home Trends in Norwood, IL

Housing Trends

Median Sale Price
$479,995
Median Single Family Sale Price
$419,990
Median 2 Bedroom Sale Price
$540,000
Average Price Per Sq Ft
$249
Number of Homes for Sale
4
Last 12 months Home Sales
21
Months of Supply
2.30
Median List Price
$489,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-7%
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