Asphodel-Norwood, Ontario, Canada
As of August 12, 2026, the median asking price in Asphodel-Norwood is $649,900, across 47 active MLS® listings.
Those listings have been on the market an average of 79 days.
12 new listings came to market in Asphodel-Norwood in the last 30 days.
Asking prices work out to about $306 per square foot, based on the 4 listings that report floor area.
Detached homes in Asphodel-Norwood are listed at an average of $742,300 across 36 active listings.
Asphodel-Norwood is a small rural municipality anchored by the village of Norwood and surrounding hamlets and farmland in Peterborough County. The neighbourhood character is quiet, community-oriented, and family-friendly, with a mix of long-time local residents, commuters who work in Peterborough (or occasionally the GTA), and retirees seeking lower-density living. Housing stock is dominated by detached homes on larger lots, bungalows and back-splits from mid-to-late 20th century, and a limited supply of newer infill; purpose-built rentals and condos are scarce, so the market skews toward ownership.
Daily amenities are concentrated along Highway 7 in Norwood (groceries, pharmacy, clinics, banks, restaurants) with additional services in nearby Peterborough. Recreation is a draw: the Trent-Severn Waterway, local trails, ball diamonds, community arenas, and easy access to cottage country lakes support strong lifestyle demand. Schools are served through regional boards (elementary options in/near Norwood and secondary schools typically in surrounding communities), appealing to families but with longer bus/drive times than urban neighbourhoods. Transit is primarily car-dependent with limited intercommunity options; this tends to cap rent levels compared with larger centres, but also keeps prices relatively more affordable.
Real estate trends typically reflect broader Peterborough/Trent region cycles: lower absolute prices than the GTA, moderate inventory, and demand supported by lifestyle movers and remote/hybrid workers. Investor performance is usually driven by single-family rentals (including basement suites where feasible) rather than multi-unit buildings. Cash flow can be tighter than in major cities due to limited rent ceilings and higher carrying costs, but steadier tenant demand from local workers and families and the constrained rental supply can support reasonable occupancy and moderate long-run appreciation.
Asphodel-Norwood currently has 128 active listings with a median asking price of $649,450 and an average of $309 per square foot, offering buyers a solid range of options. Homes are taking an average of 97 days to sell and there have been 28 new listings in the past 30 days, pointing to a more patient, negotiation-friendly environment where investors can be selective on price and rental fundamentals.
The median asking price in Asphodel-Norwood is $649,900, across 47 active MLS® listings as of August 12, 2026. The average asking price is $665,095. These are list prices on homes currently for sale, not sale prices.
There are 47 active MLS® listings in Asphodel-Norwood as of August 12, 2026. 12 of them came to market in the last 30 days.
Homes currently listed in Asphodel-Norwood have been on the market an average of 79 days as of August 12, 2026. This measures how long active listings have been available so far, not how long they take to sell.
Of the 47 homes currently listed in Asphodel-Norwood, 77% detached houses, 9% condos, 6% vacant land.