The housing market in Norwalk, CT (06855) is flourishing, with the median value of a house coming in at $569,600. This is considerably higher than the US median of $338,100 a significant difference that reflects the greater desirability and appeal of Norwalk. Over the past year, the appreciation rate has been even higher for Norwalk than the national figure—9.97% compared to 8.27%—which makes it an attractive option for those looking to purchase or invest in real estate.
The median home cost in Norwalk (zip 06855) is $569,600. Home appreciation the last 10 years has been 46.6%. Home Appreciation in Norwalk (zip 06855) is up 15.3%.
Average Age of Homes
- The median age of Norwalk (zip 06855) real estate is 64 years old
The Rental Market in Norwalk (zip 06855)
- Renters make up 40.2% of the Norwalk (zip 06855) population
- 2.1% of houses and apartments in Norwalk (zip 06855), 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.