Norwalk, WI has a median housing value of $130,200, which is significantly lower than the US House Median Value of $338,100. However, Norwalk's housing market is appreciating faster than the national average with a 1 year appreciation rate of 11.74%, compared to the US house appreciation rate of 8.27%. This indicates that investing in Norwalk real estate could be a wise decision as it stands to gain value over time at a faster pace than other areas in the country.
The median home cost in Norwalk is $130,200. Home appreciation the last 10 years has been 71.4%. Home Appreciation in Norwalk is up 14.8%.
Average Age of Homes
- The median age of Norwalk real estate is 66 years old
The Rental Market in Norwalk
- Renters make up 26.8% of the Norwalk population
- 5.7% 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.