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Property-class scope

The story of this market

The typical home in ZIP 02062 sells for about $749,900, or $391 per square foot.

Prices are down 3% from a year ago, which gives buyers more room to negotiate. Homes take about 36 days to sell. HUD's fair market rent for a two-bedroom is $2,116 a month.

ZIP market report · consumer edition · quarterly refresh

Track this ZIP

ZIP 02062 — Norwood

Norfolk County →refreshed Sep 19, 2026next refresh Oct 19, 2026

Market mood · cautiously optimistic

The Norwood housing market exhibits robust demand with a median listing price of approximately $749,900. While year-over-year prices have seen a slight decline, the market remains active with homes selling in a reasonable timeframe. Steady rental demand and proximity to Boston continue to drive interest in the area.

Who this ZIP fits

This ZIP code is well-suited for commuters working in the Boston area and families seeking a suburban environment with access to established public schools and local amenities.

Parent geography

Norwood · no city intel reportNorfolk County →Massachusetts state →

Aerial view · ZIP boundaries2020 Census ZCTA boundary over current aerial imagery

Leaflet Imagery © Esri, Maxar, Earthstar Geographics

Land area · 27.3 km²Water area · 0.4 km²U.S. Census Bureau TIGERweb — 2020 Census ZCTA5 boundary

Median sale price

$749,900

-3% year over year

Corroboration pending — anchor baseline forms on the first refresh cycles

Days on market

36 days

Active listings

Sale-to-list ratio

100%

of asking price

ZIP Market ScoreZIP-SCORE-1.3 · 4/4 sections graded

Composite · average of graded sections

Computed only from this report's published readings — sections without data are excluded, never estimated.

Growth/100

Median prices moved down 3.0% year over year.

Liquidity/100

Homes spend a median of 36 days on market with 0.0 months of supply — a fast-moving market.

Momentum/100

0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.

Safety & stability/100

no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.6% · poverty 8.8% — a stable, low-distress profile.

Census trends · population flowsNot determinable

Population change

0.0%

versus the prior ACS vintage

Net migration

0 people

in-migration and out-migration balanced

Population base

31,542

ZCTA 02062, Norfolk County, MA

Immigration & foreign-bornU.S. Census Bureau ACS · ZIP granular

Foreign-born share

19.8%

Foreign-born residents

6,237

Naturalized (of foreign-born)

41.4%

Non-citizens (of population)

11.6%

Entered 2010 or later (of foreign-born)

52.4%

World region of birth (foreign-born)

Americas

45.9%

Asia

29.8%

Europe

16.4%

Africa

7.6%

Oceania

0.4%

ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.

Area context

Schools & education

The area is served by the Norwood Public Schools district, which operates several elementary schools, a middle school, and a high school.

Growth & development

Norwood is a growing town located approximately 15 miles southwest of Boston, benefiting from its proximity to major employment hubs in the Greater Boston area.

Transportation & commute

Norwood offers convenient access to Boston via major highway corridors and public transit options, making it a viable location for commuters.

Recreation & amenities

The area features local parks and proximity to various shopping and dining districts within the town center.

Rental market

The rental market shows steady demand with a median rent of $2,724 per month.

Economy & employers

The local economy is supported by a mix of retail, services, and proximity to the broader Boston metropolitan employment market.

Transportation & infrastructure

The area is served by regional highway access and public transit links connecting to Boston.

Special districts

Parcels are served by the Norwood Public Schools district.

Discovery profileNot determinable

Census profile · ZCTA 02062, Norfolk County, MA

Population

31,542

Median age

39 yrs

Owner-occupancy

Median home value

Median gross rent

Median household income

$107,030

Median year built

1960

Vacancy rate

Renter share

Owner cost burden

Renter cost burden

Population change

Net migration

Work-from-home share

Mean commute

0 min

Bachelor's or higher

Unemployment

3.6%

Poverty rate

8.8%

Avg household size

2.37

Data sourced from USZIP.com and IncomeByZipCode.com; specific ACS table breakdowns not provided in source.

Public schools with an address here · 2

Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.

Norwood High SchoolHighNot determinableNorwood Public SchoolsServes the high school population of the district.

Dr. Philip O. Coakley Middle SchoolMiddleNot determinableNorwood Public SchoolsServes the middle school population of the district.

School districts

Norwood Public SchoolsNot determinableServes the town of Norwood.

Major amenities · ZIP 02062

Theme, amusement & water parks

20+ · 20 mi