Zip 06854 (Norwalk, CT) Housing

Housing in Norwalk, CT (06854) is a hot commodity, with a median value of $442,200. This is about 31% higher than the US median value of $338,100. In the past year, the US experienced an 8.27% appreciation rate for housing, while Norwalk's rate was even higher at 9.97%. This suggests that people in Norwalk are investing in their properties and taking advantage of the growing market. It appears to be a great time to invest in housing in Norwalk, as property values show a promising upward trend.

The median home cost in Norwalk (zip 06854) is $442,200. Home appreciation the last 10 years has been 46.6%. Home Appreciation in Norwalk (zip 06854) is up 15.3%.

Average Age of Homes

- The median age of Norwalk (zip 06854) real estate is 59 years old

The Rental Market in Norwalk (zip 06854)

- Renters make up 51.5% of the Norwalk (zip 06854) population
- 1.7% of houses and apartments in Norwalk (zip 06854), 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
	11,808.0	139,647,020.0
	56	42
	$442,200	$338,100
	15.3%	16.6%
	40.9%	57.0%
	46.6%	101.1%
	$15.94	$10.98
	$6,295	$2,690
	45.3%	57.4%
	6.2%	11.2%
	48.5%	31.4%
Vacant Housing
	1.7%	1.9%
	0.0%	0.4%
	0.3%	0.7%
	0.0%	0.4%
	0.5%	3.6%
	3.7%	4.1%
Value of Owner-Occupied Housing
	0.9%	2.6%
	1.9%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	0.7%	4.5%
	0.6%	11.3%
	2.6%	13.0%
	16.0%	20.1%
	28.9%	13.6%
	25.8%	8.3%
	15.7%	9.7%
	3.9%	3.9%
	2.2%	2.2%
	0.2%	0.8%
	0.7%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	8.0%	13.6%
	8.0%	13.6%
	7.2%	13.6%
	9.1%	13.2%
	16.9%	14.8%
	7.2%	13.6%
	15.6%	10.0%
	8.4%	4.7%
	20.2%	12.2%

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