Zip lookup · CO

81423
Norwood, Colorado.

Norwood, San Miguel County, CO · population 1,176

What it costs per month · 81423 $2,480/mo

to buy the typical home at today's mortgage rate — +$1,310 (+112%) since Jan 2020.

What the home itself did
1 year
Down $1,721 -0%
$474,306$472,585 since Sep 2025
5 years
Up $59,028 +14%
$413,557$472,585 since Sep 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$500 $1,000 $1,500 $2,000 $2,500 2002 2006 2010 2014 2018 2022 2026 81423 $2,480 United States $1,922
$500 $1,000 $1,500 $2,000 $2,500 2002 2010 2018 2026
  • 81423$2,480
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 26 years.

Typical home values in zip 81423 fell 0.4% over the past year — slower than the nation's +1.2%.

This zip spans 2 counties: San Miguel County, CO 90% · Montrose County, CO 10%

Zillow also publishes an index for the city itself: Norwood, CO — measured over the city limits, which is a different area from this zip.

Typical home value $472,585 as of Sep 2026
-0.4%year on year

Typical home value — 81423

Mid-tier homes, smoothed and seasonally adjusted.

$300,000 $400,000 $500,000 2019 2020 2021 2022 2023 2024 2025 2026 81423 $472,585 United States $366,157
$300,000 $400,000 $500,000 2020 2022 2024 2026
  • 81423$472,585
  • United States$366,157

Within 20 miles

Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.