Norwalk, CA Housing

Norwalk, CA is a great place for homeowners to invest in housing. According to the data, the median value of houses in Norwalk is $663,000, which is significantly higher than the US median house value of $338,100. In addition, the 1 year appreciation rate for houses in Norwalk is 9.16%, which is higher than the US average of 8.27%. This indicates that investing in housing in Norwalk can be a great option for those looking for long-term financial gain and security.

The median home cost in Norwalk is $663,000. Home appreciation the last 10 years has been 124.3%. Home Appreciation in Norwalk is up 12.8%.

Average Age of Homes

- The median age of Norwalk real estate is 60 years old

The Rental Market in Norwalk

- Renters make up 33.3% of the Norwalk population
- 1.1% 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, California	United States
	27,128.0	139,647,020.0
	64	42
	$663,000	$338,100
	12.8%	16.6%
	48.9%	57.0%
	124.3%	101.1%
	$7.39	$10.98
	$3,605	$2,690
	64.9%	57.4%
	2.9%	11.2%
	32.3%	31.4%
Vacant Housing
	1.1%	1.9%
	0.1%	0.4%
	0.5%	0.7%
	0.0%	0.4%
	0.1%	3.6%
	1.1%	4.1%
Value of Owner-Occupied Housing
	0.7%	2.6%
	0.7%	2.4%
	1.2%	2.8%
	0.8%	3.9%
	0.1%	4.5%
	0.4%	11.3%
	0.4%	13.0%
	3.1%	20.1%
	10.9%	13.6%
	36.2%	8.3%
	43.3%	9.7%
	1.4%	3.9%
	0.2%	2.2%
	0.1%	0.8%
	0.6%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	1.7%	13.6%
	1.7%	13.6%
	4.2%	13.6%
	5.6%	13.2%
	8.1%	14.8%
	4.2%	13.6%
	50.9%	10.0%
	11.9%	4.7%
	2.6%	12.2%