Why Live in Norwood
Norwood, a neighborhood in Warwick, is bordered by State Route 1 and Interstate 95, offering a commuter-friendly environment. Established in 1874, it features a mix of suburban and urban living with late-20th-century homes, including ranches, Cape Cods, and colonials. The area is known for its convenience and accessibility, being close to the Rhode Island TF Green International Airport, just two miles away, and well-connected by the Rhode Island Public Transit Authority and MBTA train services. Despite its central location, Norwood has pockets of greenery like Sand Pond Park and Norwood Field, which includes a playground and baseball field. Rocky Point State Park, eight miles away, offers trails, fishing piers, and beach access.
The neighborhood has a low crime risk, with a neighborhood watch in place and minimal law enforcement presence. Homes are built on a grid system with smaller lots and no sidewalks, yet children frequently play in the streets. Shopping and dining options are abundant along Route 1, featuring a variety of restaurants such as Lemongrass and Cosmic Pizza, and stores like Family Dollar and Dave's Fresh Marketplace. For recreation, residents can visit Teamworks Warwick, an indoor sports center, or the Norwood Branch of the Warwick Public Library. Schools in the area fall under the Warwick Public School District, with Norwood Elementary, Veterans Memorial Middle School, and Pilgrim High School, which is noted for its strong sports programs.
Home Trends in Norwood, RI
On average, homes in Norwood, Warwick sell after 82 days on the market compared to the national average of 70 days. The median sale price for homes in Norwood, Warwick over the last 12 months is $435,000, up 74% from the median home sale price over the previous 12 months.
Median Sale Price
$435,000
Median Single Family Sale Price
$395,000
Median Townhouse Sale Price
$435,000
Median 2 Bedroom Sale Price
$435,000
Average Price Per Sq Ft
$313
Number of Homes for Sale
4
Last 12 months Home Sales
22
Median List Price
$435,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
74%