The story of this market
The typical home in ZIP 19074 sells for about $305,000, or $156 per square foot.
Prices are down 4.7% from a year ago, which gives buyers more room to negotiate. Homes take about 35 days to sell. HUD's fair market rent for a two-bedroom is $1,000 a month.
ZIP 19074 — Norwood
The 19074 housing market is currently experiencing a cooling trend with a year-over-year decline in median sale prices. Inventory remains tight with limited active listings, and the market is characterized by a mix of older housing stock. Several metrics, including sale-to-list ratio and specific tax rates, are not currently published at the ZIP level.
This ZIP is well-suited for commuters and first-time homebuyers looking for established, relatively affordable housing stock with access to the Philadelphia metropolitan area.
Median prices moved down 4.7% year over year.
Homes spend a median of 35 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) — a stable, low-distress profile.
ZCTA 19074, Delaware County PA
The area is served by the Interboro School District, which includes the local Norwood School for grades 1-8.
Norwood is a mature residential borough with limited new land for large-scale development, primarily characterized by established housing stock from the 1940s.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Pennsylvania) — Homestead/Farmstead Exclusion: Formula: (Assessed Value - Exclusion Amount) × Tax Rate = Tax Owed. Exclusion amount varies by school district and county. State (Pennsylvania) — Property Tax Assessment: Tax = Assessed Value × Local Millage Rate (1 mill = $1 per $1,000 of assessed value).
Norwood offers convenient access to Philadelphia via regional rail and major highway corridors like I-95 and I-476.
The borough features local community parks and is within short driving distance of larger regional green spaces and shopping centers in Delaware County.
The rental market is dominated by 1- and 2-bedroom units, with rents typically starting around $1,000 per month.
The local economy is integrated into the broader Philadelphia metropolitan area, with residents commuting to diverse sectors including healthcare, education, and professional services.
The area is served by SEPTA regional rail and bus lines, providing direct transit links to Center City Philadelphia.
Development is primarily focused on infill and residential renovation rather than large-scale new construction projects.
Parcels are subject to Interboro School District taxes and standard municipal/county levies.
Data retrieved from Census Bureau ZCTA profiles.
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. Source: NCES EDGE public school locations 2023-24.
Local community park providing green space and recreational facilities.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).