Zip 13815 (Norwich, NY) Housing

The housing market in Norwich, NY (13815) is currently quite healthy with a median home value of $131,000. This figure is very close to the national median value of $338,100 and even slightly higher than the national one-year appreciation rate of 8.27%. The one-year appreciation rate for homes in Norwich is 8.92%, which indicates that home values are on the rise. This can be seen as a good sign for potential homeowners or real estate investors in the area. With relatively low home prices and increasing value rates, Norwich is an ideal place to purchase property.

The median home cost in Norwich (zip 13815) is $131,000. Home appreciation the last 10 years has been 50.8%. Home Appreciation in Norwich (zip 13815) is up 14.8%.

Average Age of Homes

- The median age of Norwich (zip 13815) real estate is 60 years old

The Rental Market in Norwich (zip 13815)

- Renters make up 28.6% of the Norwich (zip 13815) population
- 0.5% of houses and apartments in Norwich (zip 13815), 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	Norwich, New York	United States
	6,422.0	139,647,020.0
	61	42
	$131,000	$338,100
	14.8%	16.6%
	43.8%	57.0%
	50.8%	101.1%
	$26.80	$10.98
	$2,945	$2,690
	56.9%	57.4%
	10.8%	11.2%
	32.3%	31.4%
Vacant Housing
	0.5%	1.9%
	0.9%	0.4%
	0.7%	0.7%
	1.9%	0.4%
	3.9%	3.6%
	3.0%	4.1%
Value of Owner-Occupied Housing
	5.7%	2.6%
	2.8%	2.4%
	12.4%	2.8%
	10.5%	3.9%
	13.2%	4.5%
	25.4%	11.3%
	14.6%	13.0%
	11.7%	20.1%
	1.9%	13.6%
	0.4%	8.3%
	0.3%	9.7%
	0.5%	3.9%
	0.4%	2.2%
	0.0%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	3.3%	13.6%
	3.3%	13.6%
	7.1%	13.6%
	12.9%	13.2%
	12.3%	14.8%
	7.1%	13.6%
	10.3%	10.0%
	5.0%	4.7%
	34.8%	12.2%

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