Norwalk, CT Housing Market
The Norwalk housing market is very competitive. Homes in Norwalk receive 2 offers on average and sell in around 36 days. The median sale price of a home in Norwalk was $558K last month, up 9.1% since last year. The median sale price per square foot in Norwalk is $344, up 10.6% since last year.
Norwalk Housing Market Trends
In March 2024, Norwalk home prices were up 9.1% compared to last year, selling for a median price of $558K. On average, homes in Norwalk sell after 36 days on the market compared to 49 days last year. There were 44 homes sold in March this year, down from 83 last year.
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How hot is the Norwalk housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 3% above list price and go pending in around 47 days.
- Hot homescan sell for about 8% above list price and go pending in around 21 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 2% above list price and go pending in around 40 days.
- Hot homescan sell for about 7% above list price and go pending in around 20 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 1% above list price and go pending in around 70 days.
- Hot homescan sell for about 6% above list price and go pending in around 28 days.
Norwalk Migration & Relocation Trends
- Across the nation, 3% of homebuyers searched to move into Norwalk from outside metros.
- Peoria homebuyers searched to move into Norwalk more than any other metro followed by Springfield and Lincoln.
- 70% of Norwalk homebuyers searched to stay within the Norwalk metropolitan area.
- Miami was the most popular destination among Norwalk homebuyers followed by Philadelphia and Washington.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 6 | ||
2 | 5 | ||
3 | 5 | ||
4 | 2 | ||
5 | 2 | ||
6 | 1 | ||
7 | 1 | ||
8 | 0 | ||
9 | 0 | ||
10 | 0 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 6,754 | ||
2 | 4,058 | ||
3 | 3,185 | ||
4 | 2,755 | ||
5 | 2,367 | ||
6 | 2,152 | ||
7 | 1,814 | ||
8 | 1,636 | ||
9 | 1,547 | ||
10 | 1,491 |
View houses in Norwalk that sold recently
Recently sold homes
- $545,000 Last Sold Price4 beds2 baths1,680 sq ft66 Soundview Ave, Norwalk, CT 06851List Price$600,000Sale to List9% under listDays on Market207 days66 Soundview Ave, Norwalk, CT 06851
- $450,000 Last Sold Price2 beds1.5 baths1,220 sq ft71 Aiken St Apt G10, Norwalk, CT 06851List Price$438,888Sale to List3% over listDays on Market41 days71 Aiken St Apt G10, Norwalk, CT 06851
- $575,000 Last Sold Price4 beds2 baths1,696 sq ft18 Hazel St, Norwalk, CT 06851List Price$499,000Sale to List15% over listDays on Market39 days18 Hazel St, Norwalk, CT 06851
- $535,000 Last Sold Price3 beds2 baths1,584 sq ft13 Linden St, Norwalk, CT 06851List Price$509,999Sale to List5% over listDays on Market72 days13 Linden St, Norwalk, CT 06851
- $180,000 Last Sold Price1 bed1 bath429 sq ft18 Prospect Ave Unit E2, Norwalk, CT 06850List Price$192,500Sale to List6% under listDays on Market81 days18 Prospect Ave Unit E2, Norwalk, CT 06850
- $535,000 Last Sold Price4 beds2 baths1,436 sq ft7 Hawthorne Dr, Norwalk, CT 06851List Price$465,000Sale to List15% over listDays on Market75 days7 Hawthorne Dr, Norwalk, CT 06851
- $651,500 Last Sold Price3 beds2 baths1,844 sq ft67 Valley View Ct, Norwalk, CT 06851List Price$599,000Sale to List9% over listDays on Market27 days67 Valley View Ct, Norwalk, CT 06851
- $1,000,000 Last Sold Price6 beds3 baths2,859 sq ft291 Rowayton Ave, Norwalk, CT 06853List Price$1,150,000Sale to List13% under listDays on Market59 days291 Rowayton Ave, Norwalk, CT 06853
See all recently sold homes in Norwalk.
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Schools in Norwalk
- Elementary
- Middle
- High
GreatSchools Rating
9/10 Tokeneke Elementary School Public • PreK-5 | 476 Students | 10 reviews |
9/10 Royle Elementary School Public • PreK-5 | 416 Students | 8 reviews |
7/10 Rowayton School Public • K-5 | 489 Students | 11 reviews |
7/10 Columbus Magnet School Public • K-8 • Choice school | 351 Students | 23 reviews |
5/10 Cranbury Elementary School Public • K-5 | 430 Students | 15 reviews |
Climate's impact on Norwalk housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Norwalk.
Flood Factor - Severe
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Major
Wind Factor
Wind likelihood over time
Heat Factor - Major
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Transportation in Norwalk
Walk Score®
Transit Score®
Bike Score®
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