Norwalk, CT Home Values & Market Trends
Real estate market trends reflect that there have been 950 transactions over the past year in Norwalk. The median value for residential home transactions that occurred over the previous year is $552,195.1. The number of current listings in Norwalk is 64, and the percentage of properties for sale in the city is 64.00%. Norwalk, CT currently has 18 properties in foreclosure, 0 bank owned properties, 6 properties headed for auction, and 64 properties for sale.
Norwalk, CT Real Estate Market Overview
Housing Market Summary for Norwalk, CT
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $549K | $528K | -3.83% |
Median Sold Price | $493.3K | $528K | 7.03% |
Homes For Sale | 79 | 65 | -17.72% |
Homes Sold | 354 | 318 | -10.17% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Norwalk, CT
Browse Homes in Norwalk, CT
Norwalk home values range from $55,134 to $8,726,150. The median estimated value of a home in Norwalk is $552,195.1. The median list price of a home is 625,000, and the total count of properties in the city is 25,038.
- Pre-ForeclosurePre-foreclosure homes account for 0.05% of all residential properties in Norwalk, CT with 06850 containing 5 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 5 zips within Norwalk, CT; of those zips, the estimated home value for pre-foreclosure homes ranges from $793,250 in 06854 to the lowest home value of $285,750 in 06851.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Norwalk, CT ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Norwalk, CT. There are 5 zips within Norwalk, CT; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions06854 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Norwalk, CT. Auction homes and other auction properties account for 0.02% of all properties in Norwalk, CT. There are 5 zips within Norwalk, CT; of those zips, the median estimated home value for homes going to auction ranges from $550,000 in 06851 to the lowest value of $291,750 in 06851.
Compare Nearby Cities
More Real Estate Resources for Norwalk, CT
Guide for Norwalk, CT
This blog post provides a detailed analysis of Hartford, Connecticut’s real estate market as of March 2024.
Learn how a short sale can stop the foreclosure process.
Learn effective strategies to safeguard your credit score after experiencing a foreclosure.
The Augusta, Maine real estate market has seen considerable growth in property values and price per square foot, despite a decrease in sales. Comparisons with neighboring cities suggest diverse market conditions.