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Norwood Home for Sale

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    $349,900

    • 3 Beds
    • 2 Baths
    • 1,787 Sq Ft

    71 Welfare Ave, Warwick, RI 02888

    Move In with Nothing Down -- Here's How. Unlock the door to your future with an exclusive offer: Purchase this home and receive $3,499 back in closing cost credits OR lock in an exceptional financing rate of 5.44% APR with ZERO down payment available for those who qualify. --------------- This is a Certified Pre-Owned Home -- and that changes everything. Before you ever make an offer, a licensed

    Rachel Sanville Your Home Sold Guaranteed Realty, The Nathan Clark Team

    71 Welfare Ave, Warwick, RI 02888

Why Live in Norwood

Norwood is a neighborhood in Warwick located between State Route 1 and Interstate 95, offering a commuter-friendly environment. Established in 1874, the community has late-20th-century homes, including ranches, Cape Cods and Colonial Revivals. The area is known for its convenience and accessibility, being 2 miles from the Rhode Island T.F. Green International Airport and well-connected by the Rhode Island Public Transit Authority and MBTA train services. Norwood has pockets of greenery like Sand Pond Park and Norwood Field, which includes a playground and baseball field. Rocky Point State Park, 8 miles away, offers trails, fishing piers and beach access. Residents can also visit Teamworks Warwick, an indoor sports center, or the Norwood Branch of the Warwick Public Library. Shopping and dining options are abundant along Route 1, like Lemongrass, Cosmic Pizza, Family Dollar and Dave's Fresh Marketplace. Schools in the area fall under the Warwick Public School District, including the highly rated Pilgrim High School, which is noted for its strong sports programs.

Norwood, Warwick, RI Home Prices vs. Nearby Neighborhoods

Norwood Greenwood Lakewood Long Meadow
Median Home Price
$425,000
$425,000
$435,000
$425,000
Median Sale Price
$417,500
+11% YoY
$425,000
+8% YoY
$450,000
+15% YoY
$427,000
+8% YoY
Median Single Family Price
$415,000
$443,020
$447,500
$426,000
Total Active Listings
1 listing
15 listings
3 listings
4 listings
Market Conditions
0 Months of Supply
Seller's Market
1 Month of Supply
Seller's Market
1 Month of Supply
Seller's Market
1 Month of Supply
Seller's Market

Frequently Asked Questions

Is Norwood a good place to live?
Norwood is a good place to live. Norwood is considered car-dependent and bikeable with minimal transit options. Norwood is a suburban neighborhood. Norwood has 6 parks for recreational activities.It is somewhat dense in population with 8.0 people per acre and a median age of 40. The average household income is $107,237 which is above the national average. College graduates make up 35.9% of residents. A majority of residents in Norwood are home owners, with 23% of residents renting and 77% 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.
How much do you need to make to afford a house in Norwood?
The median home price in Norwood is $425,000. If you put a 20% down payment of $85,000 and had a 30-year fixed mortgage with an interest rate of 6.71%, your estimated principal and interest payment would be $2,200 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $94K a year to afford the median home price in Norwood. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Norwood is $107K.
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, Warwick, RI?
The most popular zip codes in Norwood, Warwick, RI include 02888, 02910, 02920, 02886 and 02889.
What are the most popular neighborhoods near Norwood, Warwick, RI?
The most popular neighborhoods near Norwood, Warwick, RI are Eden Park, Palace Garden, Auburn, Hoxie and Meshanticut.
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