Norfolk, CT Home Values & Market Trends

Real estate market trends reflect that there have been 27 transactions over the past year in Norfolk. The median value for residential home transactions that occurred over the previous year is $390,774.07. The number of current listings in Norfolk is 1, and the percentage of properties for sale in the city is 1.00%. Norfolk, CT currently has 0 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 1 properties for sale.

Norfolk, CT Real Estate Market Overview

ZipMedian Est. Value
06058

$ 660,200

$ 168/sqft

Housing Market Summary for Norfolk, CT

Apr 2023March 2024Change
Median Listing Price$335K$367.5K9.71%
Median Sold Price$429K$367.5K-14.33%
Homes For Sale32-33.33%
Homes Sold1513-13.33%
Price
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Homes For Sale
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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%.

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Browse Homes in Norfolk, CT

Norfolk home values range from $100,950 to $2,538,480. The median estimated value of a home in Norfolk is $390,774.07. The median list price of a home is 665,500, and the total count of properties in the city is 701.

Foreclosure
There is 1 zips within Norfolk, CT; within this zips, the median estimated home value for homes in foreclosure ranges from $0 in $[foreclosures-lowest-avm-region] to the lowest value of $0 in $[foreclosures-lowest-avm-region]. Foreclosure homes account for NaN% of properties in Norfolk, CT with $[foreclosures-highest-count-region] containing 0 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Norfolk, CT with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Norfolk, CT; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Norfolk, 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 Norfolk, CT. There is 1 zips within Norfolk, CT; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Norfolk, CT. Auction homes and other auction properties account for 0% of all properties in Norfolk, CT. There is 1 zips within Norfolk, CT; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.14% of residential properties in Norfolk, CT with 06058 containing 1 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Norfolk, CT; homes for sale in that zips, have a range of median values from $660,200 in 06058 to the lowest value of $660,200 in 06058.
    Sold Homes
    The median value for recently sold homes ranges from $758,200 in 06058 to the lowest price of $100,950 in 06058. There is 1 zips within Norfolk, CT. 06058 has 15 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.14% of properties in Norfolk, CT.

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      Guide for Norfolk, CT

      Market Reports
      Hartford, New York – Real Estate Market Snapshot, April 2024
      Home Buying Financing
      How To Make Adjustments to Your Household Budget When Interest Rates Are High
      Home Buying Guides & Tips
      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Market Reports
      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      See More Articles
      Hartford, New York – Real Estate Market Snapshot, April 2024
      Market Reports|posted 3 April 2024

      This blog post provides a detailed analysis of Hartford, Connecticut’s real estate market as of March 2024.

      How To Make Adjustments to Your Household Budget When Interest Rates Are High
      Home Buying Financing|posted 23 April 2024

      Sometime we need to make changes to our budget to cope with higher interest rates. Here are some tips!

      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Home Buying Guides & Tips|posted 23 April 2024

      When house prices increase near good school, what options do home buyer have?

      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports|posted 22 April 2024

      Market report for Springfield, Illinois, with a snapshot of property values, sales activity, price fluctuations, and comparisons with neighboring cities.

      Recently Listed Homes Norfolk, CT

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