Milton Coste

Licensed Real Estate Associate Broker

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NYC Neighborhood Comparison

Norwood vs Pelham Bay

Side-by-side market data, transit, and neighborhood profiles to help you decide.

Bronx|Bronx

Norwood

Bronx

Pelham Bay

Bronx

How They Compare

For buyers focused on affordability, Norwood has the lower median sale price at $520K vs $810K in Pelham Bay.

Median Sale Price
$520K
$810K
Median Rent
$2K
$3K
Active Listings
11
8
Avg Days on Market
0 days
0 days
YoY Price Change
0.0%
0.0%
Monthly Sales Volume
1
1

Detailed Comparison

MetricNorwoodPelham Bay
Median Sale Price$520,000$810,000
Median Condo PriceN/AN/A
Median Co-op PriceN/AN/A
Median Rent$2,095$3,312.5
Active Listings118
Rental Inventory1312
Days on Market00
Price Cut Share0.0%0.0%
Monthly Sales Volume11
YoY Price Change0.0%0.0%
YoY Rent Change-4.6%+10.4%
YoY Inventory Change+120.0%+100.0%
Subway LinesN/AN/A

Year-Over-Year Price Movement

Both Norwood and Pelham Bay saw prices shift 0.0% over the past year. Comparable year-over-year movement suggests both markets are tracking similar citywide conditions.

Neighborhood Profiles

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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Pelham Bay

Pelham Bay is a Bronx neighborhood of single-family detached homes, two-family brick houses, and co-op apartment buildings near the 2,772-acre Pelham Bay Park, the largest park in New York City. The 6 train terminates at Pelham Bay Park station, providing direct subway access to Manhattan. Orchard Beach, the Bartow-Pell Mansion Museum, and the Pelham Bay/Split Rock Golf Course are all within the park.

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Transit Access

Norwood

No subway data available

Pelham Bay

No subway data available

Active Listings

Norwood for sale

View all Norwood listings

Pelham Bay for sale

View all Pelham Bay 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 last updated: 1/1/1970.

Frequently Asked Questions

Is Norwood cheaper than Pelham Bay?
Yes, Norwood has a lower median sale price at $520,000 compared to $810,000 in Pelham Bay as of the most recent market data. Co-op and condo prices within each neighborhood can vary significantly, so the right fit depends on property type and building.
Which has better transit, Norwood or Pelham Bay?
Transit data is not available for these neighborhoods. Check the MTA website for current service maps.
Which is better for families, Norwood or Pelham Bay?
This depends on what type of home fits your household. Norwood and Pelham Bay 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 Norwood or Pelham Bay?
The right neighborhood depends on your price range, commute needs, and preferred property type. A comparative market analysis (CMA) of recent sales in both Norwood and Pelham Bay 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.

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