Zip 54648 (Norwalk, WI) Housing

The housing market in 54648 Norwalk, WI is proving to be quite strong. The median value of housing in the area stands at $156,700, which is lower than the US average of $338,100. However, the 1 year appreciation rate for houses in 54648 Norwalk is 11.74%, much higher than the national average of 8.27%. This suggests that 54648 Norwalk is an attractive option for those looking to invest in property, as its appreciation rate is faster than the national trend.

The median home cost in Norwalk (zip 54648) is $156,700. Home appreciation the last 10 years has been 71.4%. Home Appreciation in Norwalk (zip 54648) is up 14.8%.

Average Age of Homes

- The median age of Norwalk (zip 54648) real estate is 59 years old

The Rental Market in Norwalk (zip 54648)

- Renters make up 16.3% of the Norwalk (zip 54648) population
- 2.6% of houses and apartments in Norwalk (zip 54648), 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, Wisconsin	United States
	605.0	139,647,020.0
	49	42
	$156,700	$338,100
	14.8%	16.6%
	49.5%	57.0%
	71.4%	101.1%
	$14.07	$10.98
	$2,165	$2,690
	68.9%	57.4%
	12.7%	11.2%
	18.3%	31.4%
Vacant Housing
	2.6%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	8.1%	3.6%
	2.0%	4.1%
Value of Owner-Occupied Housing
	1.2%	2.6%
	2.6%	2.4%
	5.0%	2.8%
	16.1%	3.9%
	10.8%	4.5%
	12.2%	11.3%
	20.6%	13.0%
	11.0%	20.1%
	8.9%	13.6%
	7.2%	8.3%
	1.9%	9.7%
	1.7%	3.9%
	0.2%	2.2%
	0.2%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	13.9%	13.6%
	13.9%	13.6%
	15.7%	13.6%
	5.5%	13.2%
	12.4%	14.8%
	15.7%	13.6%
	4.3%	10.0%
	3.6%	4.7%
	36.9%	12.2%

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