Housing & Real Estate — Norwood Young America, Minnesota

Overview

Total Housing Units1,444
Occupied1,444
Vacant0
Owner-Occupied1,096
Renter-Occupied348
Median Home Value (Census)$299,300
Estimated 2026~$323,000
Median Rent$1,032/mo
Median Property Tax$3,351/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilitymoderate
Rent as % of Income17.4%
Severely Rent-Burdened53.6%

Housing Age

Built 2010 or later225
Built 2000-2009237
Built 1990-1999137
Built before 1960264
Median Year Built1986
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.