Norwalk Metro Area, OH Housing

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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Norwalk, Ohio	United States
	25,459.0	139,647,020.0
	55	42
	$148,000	$338,100
	13.5%	16.6%
	53.4%	57.0%
	66.7%	101.1%
	$11.29	$10.98
	$1,508	$2,690
	65.9%	57.4%
	8.5%	11.2%
	25.6%	31.4%
Vacant Housing
	3.1%	1.9%
	0.1%	0.4%
	0.4%	0.7%
	0.7%	0.4%
	0.5%	3.6%
	3.7%	4.1%
Value of Owner-Occupied Housing
	3.8%	2.6%
	2.1%	2.4%
	3.8%	2.8%
	8.8%	3.9%
	12.8%	4.5%
	28.4%	11.3%
	17.9%	13.0%
	15.3%	20.1%
	4.9%	13.6%
	0.6%	8.3%
	1.0%	9.7%
	0.2%	3.9%
	0.1%	2.2%
	0.0%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	9.4%	13.6%
	9.4%	13.6%
	11.4%	13.6%
	7.7%	13.2%
	15.6%	14.8%
	11.4%	13.6%
	11.4%	10.0%
	4.6%	4.7%
	27.0%	12.2%

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