Zip 06851 (Norwalk, CT) Housing

The housing market in 06851 Norwalk, CT is thriving. The median value of a home in the area is $500,000, which is significantly higher than the national median of $338,100. Furthermore, it’s seen an impressive 1 year appreciation rate of 9.97%, which is higher than the 8.27% national average. As a result, Norwalk has become a hot destination for those looking to invest in real estate. All signs point to Norwalk continuing to be a great investment option for many years to come.

The median home cost in Norwalk (zip 06851) is $500,000. Home appreciation the last 10 years has been 46.6%. Home Appreciation in Norwalk (zip 06851) is up 15.3%.

Average Age of Homes

- The median age of Norwalk (zip 06851) real estate is 55 years old

The Rental Market in Norwalk (zip 06851)

- Renters make up 28.4% of the Norwalk (zip 06851) population
- 2.1% of houses and apartments in Norwalk (zip 06851), 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
	12,332.0	139,647,020.0
	56	42
	$500,000	$338,100
	15.3%	16.6%
	40.9%	57.0%
	46.6%	101.1%
	$16.83	$10.98
	$7,652	$2,690
	58.8%	57.4%
	7.2%	11.2%
	33.9%	31.4%
Vacant Housing
	2.1%	1.9%
	0.9%	0.4%
	1.0%	0.7%
	0.2%	0.4%
	0.5%	3.6%
	2.5%	4.1%
Value of Owner-Occupied Housing
	1.3%	2.6%
	0.7%	2.4%
	0.3%	2.8%
	0.2%	3.9%
	0.4%	4.5%
	0.5%	11.3%
	1.9%	13.0%
	9.2%	20.1%
	20.4%	13.6%
	27.7%	8.3%
	29.4%	9.7%
	6.4%	3.9%
	1.1%	2.2%
	0.3%	0.8%
	0.4%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	5.8%	13.6%
	5.8%	13.6%
	6.2%	13.6%
	9.4%	13.2%
	15.8%	14.8%
	6.2%	13.6%
	19.9%	10.0%
	5.4%	4.7%
	16.0%	12.2%

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