Asphodel-Norwood, Ontario
As of September 26, 2026, the median asking price in Asphodel-Norwood is $674,900, across 37 active MLS® listings.
Those listings have been on the market an average of 66 days.
13 new listings came to market in Asphodel-Norwood in the last 30 days.
Detached homes in Asphodel-Norwood are listed at an average of $723,364 across 36 active listings.
Asphodel-Norwood is a small, rural township in Peterborough County anchored by the village of Norwood, characterized by low-density housing, family-oriented streets, and a strong community feel. The area skews toward households seeking affordability and space (detached homes, bungalows, and small-acreage properties) rather than condo living, with a mix of long-time residents, commuting families, and retirees. Demand is influenced by buyers priced out of Peterborough and the eastern GTA, while the local rental pool is driven by service workers, young families, and residents seeking rentals during home transitions.
Amenities are centered around Norwood’s main services (groceries, local retail, recreation), with larger shopping, healthcare, and employment nodes in Peterborough within a practical drive. Schools are primarily local public options serving the township and nearby communities; post-secondary options are accessed in Peterborough. Transit is limited (car-dependent), which narrows the tenant base but also keeps property prices below nearby urban centres. Real estate trends typically show lower volatility than big cities, modest but positive long-run growth, and rental supply that can be tight due to a limited stock of purpose-built rentals—supporting stable rents and above-average small-town gross yields when properties are bought at the right basis.
Asphodel-Norwood covers about 165 km², so a single Walk Score®, Transit Score® or Bike Score® measured at one point would not describe it. How easily you can get around depends on which part of Asphodel-Norwood you are in — check the score for a specific address.
Communities.ca Inc.
Stuart Hall, REALTOR® · Licence #LIC-00651009 · Century 21 Bravo
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