City:

Northwood, OH

Northwood is a city in the state of ohio with a population of roughly 7,386. It is in Wood County, Ohio the Toledo, OH core-based statistical areas (CBSA), and the Toledo-Port Clinton, OH combined statistical area (CSA).Its Zip codes include 43619 .

Trends in Home Prices in Northwood, OH

Real estate in Northwood, OH is a hot commodity. With a population of just over 10,000 people, Northwood is one of the smaller towns in Summit County. This small town atmosphere has made Northwood an attractive place to live and work. The town's location on the edge of the Cleveland metropolitan area makes it easy for residents to commute to jobs in Cleveland or Columbus.

The real estate market in Northwood is healthy. The median home price was $163,500 as of September 2017, which is well above the statewide median home price of $126,800. In addition, there are plenty of homes for sale in Northwood and the surrounding areas. There are also a number of homes available through foreclosure or short sale.

One reason why the real estate market is so strong in Northwood is that there are a number of new development projects underway or planned for the town. These projects include a new golf course and clubhouse, a new shopping center anchored by Walmart and Kohl's stores, and a mixed-use development including apartments, shops, and restaurants. These developments will add thousands of new residents to the town over time and make it even more difficult for homeowners to sell their homes.

Price Index: Toledo, OH

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