Norwalk, CT Housing

Housing in Norwalk, CT is a great investment due to its current median value of $527,600, which is significantly higher than the US House Median Value of $338,100. Furthermore, the 1 year house appreciation rate in Norwalk, CT is 9.97%, which is higher than the US 1 year House Appreciation rate of 8.27%. This suggests that investing in housing in Norwalk has the potential to yield a greater return on investment compared to other areas across the country.

The median home cost in Norwalk is $527,600. Home appreciation the last 10 years has been 46.6%. Home Appreciation in Norwalk is up 15.3%.

Average Age of Homes

- The median age of Norwalk real estate is 57 years old

The Rental Market in Norwalk

- Renters make up 36.2% of the Norwalk population
- 2.1% of houses and apartments in Norwalk, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Norwalk, Connecticut	United States
	38,215.0	139,647,020.0
	56	42
	$527,600	$338,100
	15.3%	16.6%
	40.9%	57.0%
	46.6%	101.1%
	$16.62	$10.98
	$7,433	$2,690
	53.1%	57.4%
	6.9%	11.2%
	39.9%	31.4%
Vacant Housing
	2.1%	1.9%
	0.4%	0.4%
	0.7%	0.7%
	0.2%	0.4%
	0.6%	3.6%
	2.9%	4.1%
Value of Owner-Occupied Housing
	1.2%	2.6%
	0.9%	2.4%
	0.2%	2.8%
	0.2%	3.9%
	0.5%	4.5%
	0.5%	11.3%
	2.0%	13.0%
	12.4%	20.1%
	21.2%	13.6%
	22.9%	8.3%
	21.8%	9.7%
	9.2%	3.9%
	3.7%	2.2%
	1.8%	0.8%
	1.4%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	6.3%	13.6%
	6.3%	13.6%
	6.3%	13.6%
	9.5%	13.2%
	14.3%	14.8%
	6.3%	13.6%
	18.5%	10.0%
	6.5%	4.7%
	18.6%	12.2%