The housing market in the Norwalk OH Metro Area is thriving. The median home value here is $148,000, significantly lower than the US median of $338,100. Moreover, the one year appreciation rate here has been 11.89%, higher than the US average of 8.27%. This indicates that the area is a great place for potential homeowners looking to invest in real estate. With low prices and high appreciation rates, this metro area could be a smart choice for those looking to buy a home.
The median home cost in Norwalk Metro Area is $148,000. Home appreciation the last 10 years has been 66.7%. Home Appreciation in Norwalk Metro Area is up 13.5%.
Average Age of Homes
- The median age of Norwalk Metro Area real estate is 52 years old
The Rental Market in Norwalk Metro Area
- Renters make up 24.4% of the Norwalk Metro Area population
- 3.1% of houses and apartments in Norwalk Metro Area, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.