Norwalk, OH is a great place to invest in real estate as the median housing value is well below the national average. Over the last year, house appreciation in Norwalk has seen a steady increase of 11.76%, which is higher than the US 1 year house appreciation of 8.27%. This makes Norwalk an attractive investment opportunity for those looking to purchase and own property that will retain its value over time. Despite being lower than national average, its housing median value of $169,800 still provides potential homeowners with ample opportunities to make their dreams come true!
The median home cost in Norwalk is $169,800. Home appreciation the last 10 years has been 66.7%. Home Appreciation in Norwalk is up 13.5%.
Average Age of Homes
- The median age of Norwalk real estate is 49 years old
The Rental Market in Norwalk
- Renters make up 32.3% of the Norwalk population
- 4.2% 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.