Norwood is a residential neighborhood located in Elizabethtown, Kentucky, with a small population of approximately 1,000 residents and a median age of 38. The community primarily consists of homeowners, with an 88% homeownership rate, a median home age of 36 years, and a median estimated property value of around $167,000. Economically, the area is strong, boasting a median household income of $85,000—well above the broader Elizabethtown average—driven largely by primary employment sectors in manufacturing, healthcare, and transportation. Residents experience an average commute time of 23 minutes, with the vast majority commuting by vehicle, though the area has a low walkability score of 1.1 out of 5.
Latest Market Update
In the Norwood neighborhood of Elizabethtown, Kentucky, the real estate market shows a median estimated property value of $167,130 as of July 2026. The market has experienced a modest cooling trend, with estimated values declining by 1.81% over the past month and 3.95% over the last 12 months. However, long-term equity remains positive, reflecting a 6.94% appreciation compared to three years ago. Inventory and listing figures indicate a median list price of $129,900, positioning Norwood as a significantly more affordable alternative to the broader Elizabethtown area.