Why Live in Northwood
Northwood, a suburb east of Toledo, offers a family-focused environment with a small-town feel. Home to around 5,000 residents, the neighborhood features ranch-style and split-level homes, with many built in the 1920s and 1970s, and prices generally under $250,000. The area is laid out in small blocks of gridline streets, with houses featuring small green lawns. Northwood’s local highlights include cozy dive bars like Paddy Joe’s, Penny Jo’s bowling alley, and shopping options along Woodville Road, which is lined with popular chain restaurants and local bars. The neighborhood is served by the Northwood Local Schools, known for its small class sizes. Outdoor enthusiasts can enjoy Brentwood Park and Cedar Creek Preserve, which offer activities like fishing, baseball, and scenic trails. Cedar Creek Preserve, in particular, is a community hub with restored wildlife habitats and old growth trees, providing a green oasis for residents. Northwood is 4 miles from downtown Toledo, accessible via Woodville Road, Interstate 280, and Interstate 75, and 10 miles from the shores of Lake Erie. The area is car-reliant with few sidewalks in residential zones. Additionally, the Hollywood Casino and the Glass City Wall Mural are nearby attractions along the Maumee River. Families can also enjoy seasonal events like the Fishing Derby and the music and food-filled Fall Festival at Brentwood Park. The neighborhood's close-knit community and various features make it a unique place to live.
Frequently Asked Questions
What is the average home price in Northwood, OH?
Homes for sale in Northwood, OH have an average home price of $231,689.
How many homes have sold over the last 12 months in Northwood, OH?
96 homes have sold in Northwood, OH over the last 12 months.
What are the most popular zip codes in Northwood, OH?
How much do you need to make to afford a house in Northwood?
The median home price in Northwood is $229,900. If you put a 20% down payment of $46,000 and had a 30-year fixed mortgage with an interest rate of 6.67%, your estimated principal and interest payment would be $1,180 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $51K a year to afford the median home price in Northwood.
How are the schools in Northwood, OH?
Home Trends in Northwood, OH
On average, homes in Northwood, OH sell after 59 days on the market compared to the national average of 50 days. The median sale price for homes in Northwood, OH over the last 12 months is $226,000, up 20% from the median home sale price over the previous 12 months.
Median Sale Price
$226,000
Median Single Family Sale Price
$249,900
Median 2 Bedroom Sale Price
$85,000
Average Price Per Sq Ft
$145
Number of Homes for Sale
13
Last 12 months Home Sales
96
Median List Price
$229,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
20%