Milton Coste

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NYC Neighborhood Comparison

Bronxwood vs Norwood

Norwood vs Bronxwood: side-by-side market data, transit, and neighborhood profiles to help you decide.

Bronx|Bronx

Bronxwood

Bronx

Norwood

Bronx

How They Compare

For buyers focused on affordability, Norwood has the lower median sale price at $165K vs $364K in Bronxwood.

Investors analyzing rental yield will find Norwood offers a stronger rent-to-price ratio based on current market data.

Median Sale Price
$364K
$165K
Median Rent
$2K
$2K
Active Listings
13
12
Avg Days on Market
67 days
142 days
YoY Price Change
-50.6%
+13.8%
Monthly Sales Volume
11
3

Detailed Comparison

MetricBronxwoodNorwood
Median Sale Price$364,150$165,000
Median Condo Price$160,000$475,000
Median Co-op Price$225,000$130,000
Median Rent$1,900$1,850
Active Listings1312
Rental Inventory79
Days on Market67142
Price Cut Share9.1%8.3%
Monthly Sales Volume113
YoY Price Change-50.6%+13.8%
YoY Rent Change+5.8%-7.3%
YoY Inventory Change+30.0%+71.4%
Subway LinesN/AN/A

Year-Over-Year Price Movement

Prices in Bronxwood moved -50.6% over the past year, compared to +13.8% in Norwood. Norwood is seeing price appreciation while Bronxwood has softened, pointing to different supply-demand dynamics in each market.

Neighborhood Profiles

Bronxwood

Bronxwood is a compact residential pocket east of Bronx Park, defined by tree-lined streets of two- and three-story brick row houses and small apartment buildings dating from the early to mid-20th century, many with front gardens and decorative stoops. The 2 and 5 trains serve the neighborhood via the nearby Allerton Avenue and Burke Avenue stations. The western boundary borders Bronx Park, providing direct access to the Bronx Zoo and the New York Botanical Garden.

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Norwood

Norwood features a dense residential grid of five- and six-story prewar apartment buildings in Art Deco, Tudor Revival, and neo-Renaissance styles, alongside brick rowhomes and tree-lined side streets in the north-central Bronx. The D train at Norwood-205th Street and the 4 train at Mosholu Parkway provide express service to Manhattan. The neighborhood is framed by Van Cortlandt Park to the north, the New York Botanical Garden to the east, and the landscaped Mosholu Parkway connecting them.

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Transit Access

Bronxwood

No subway data available

Norwood

No subway data available

Active Listings

Bronxwood for sale

View all Bronxwood listings

Norwood for sale

View all Norwood listings

Listing data is derived in whole or in part from the RLS at REBNY (Real Estate Board of New York) Internet Data Exchange (IDX) database. Real estate listings held by brokerage firms other than Milton Coste | Keller Williams NYC are marked with the RLS logo. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is refreshed every 15 minutes per REBNY IDX requirements.

Bronxwood vs Norwood: Home Price Resilience 2008-2020

From the 2008 financial crisis through the 2020 pandemic, the NYC metro Case-Shiller composite fell about 25% peak-to-trough between 2007 and 2012, then fully recovered by 2017 and gained another 15% through Q1 2020. Bronxwood and Norwood both tracked this broader NYC arc, with annual closing volume contracting sharply in 2009 and again in Q2 2020 before normalizing.

Outer-borough submarkets including Bronxwood and Norwood generally tracked the broader NYC metro pattern of a 20% to 25% peak-to-trough decline before fully recovering by 2017 and posting further gains through early 2020.

Source: Per Case-Shiller Home Price Index, NYC metro subset, 2008-2020, cross-referenced with StreetEasy historical price data series.

Metric (2026)BronxwoodNorwood
Median Sale Price$364,150$165,000
Median Rent$1,900/mo$1,850/mo
Year-over-Year Price Change-50.6%+13.8%
Average Days on Market67 days142 days
Distance to Nearest SubwayN/AN/A

Table values reflect current 2026 market conditions. Historical 2008-2020 commentary is sourced from Case-Shiller NYC metro composite and StreetEasy historical series.

Frequently Asked Questions

Is Bronxwood cheaper than Norwood?
Norwood is more affordable, with a median sale price of $165,000 vs $364,150 in Bronxwood. Pricing can vary widely by building, floor, and unit condition, so review current listings for accurate comparisons.
Which has better transit, Bronxwood or Norwood?
Transit data is not available for these neighborhoods. Check the MTA website for current service maps.
Which is better for families, Bronxwood or Norwood?
This depends on what type of home fits your household. Bronxwood and Norwood both offer a mix of apartment and multi-room units in co-ops, condos, and townhouses. Larger 3- and 4-bedroom units, including townhouses and multi-family properties, tend to be more available in lower-density areas. Reviewing active listings filtered by bedroom count is the most reliable way to see what each neighborhood currently offers for larger households. A licensed broker can pull current inventory by bedroom count across both areas for a direct comparison.
Should I buy in Bronxwood or Norwood?
The right neighborhood depends on your price range, commute needs, and preferred property type. A comparative market analysis (CMA) of recent sales in both Bronxwood and Norwood gives you the clearest picture of what your budget gets in each location. Request a free CMA from Milton Coste to get a side-by-side breakdown of current opportunities.

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Need Help Choosing?

With 25+ years of experience across all five boroughs, I can help you find the right neighborhood for your lifestyle and budget.

Data updated:

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