Norwich, VT Housing Market

The Norwich housing market is somewhat competitive. The median sale price of a home in Norwich was $1.1M last month, up 86.9% since last year. The median sale price per square foot in Norwich is $456, up 41.8% since last year.

Trends
Demand
Migration
Schools
Climate

Norwich Housing Market Trends

What is the housing market like in Norwich today?

In October 2024, Norwich home prices were up 86.9% compared to last year, selling for a median price of $1.1M.

$1.15M

Sale Price

+86.9%
since last year

$456

Sale $/Sq. Ft.

+41.8%
since last year

Over List Price

Days on Market

Down Payment

—

Total Homes Sold

To compare other locations to the Norwich and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Norwich add value to a home.

How hot is the Norwich housing market?

Norwich is somewhat competitive. Homes sell in 68 days.

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for around list price and go pending in around 68 days.
Hot homes
can sell for about 2% above list price and go pending in around 17 days.

Compare With Nearby Cities

Woodstock

100

Not Very Competitive

Multiple offers are rare.
The average homes sell for about 5% below list price and go pending in around 69 days.
Hot homes
can sell for around list price and go pending in around 21 days.

Hanover

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 32 days.
Hot homes
can sell for about 4% above list price and go pending in around 3 days.

See more nearby cities and neighborhoods

Norwich Migration & Relocation Trends

In Sep '24 - Nov '24, 54% of Norwich homebuyers searched to move out of Norwich, while 46% looked to stay within the metropolitan area.

Where are people moving to Norwich from?

Across the nation, 0.36% of homebuyers searched to move into Norwich from outside metros.
Boston homebuyers searched to move into Norwich more than any other metro followed by New York and Hartford.

Where are people from Norwich moving to?

46% of Norwich homebuyers searched to stay within the Norwich metropolitan area.
Portland was the most popular destination among Norwich homebuyers followed by Berlin and Charlotte.

Number of People Moving to Norwich

least

most

People are moving to Norwich from

Inbound		Net inflow
Metros		Sep '24 - Nov '24
1	Boston, MA	1,912
2	New York, NY	410
3	Hartford, CT	157
4	Washington, DC	135
5	Philadelphia, PA	93
6	Los Angeles, CA	46
7	Springfield, MA	43
8	Seattle, WA	34
9	Burlington, VT	29
10	Chicago, IL	28

People are leaving Norwich for

Outbound		Net outflow
Metros		Sep '24 - Nov '24
1	Portland, ME	33
2	Berlin, NH	9
3	Charlotte, NC	7
4	Myrtle Beach, SC	6
5	Cape Coral, FL	6
6	Bangor, ME	6
7	Sarasota, FL	5
8	Ocala, FL	2
9	Bennington, VT	2
10	Cincinnati, OH	2

Methodology

This data does not reflect actual moves. The latest migration analysis is based on a sample of about two million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.

View houses in Norwich that sold recently

Recently sold homes

SOLD NOV 26, 2024
$645,000 Last Sold Price
3 beds
1.5 baths
1,644 sq ft
38 Partridge Hl, Norwich, VT 05055
List Price
$649,000
Sale to List
1% under list
Days on Market
32 days
38 Partridge Hl, Norwich, VT 05055
SOLD NOV 25, 2024
VIDEO TOUR
$450,000 Last Sold Price
3 beds
2 baths
2,658 sq ft
937 Union Village Rd, Norwich, VT 05055
List Price
$499,000
Sale to List
10% under list
Days on Market
160 days
937 Union Village Rd, Norwich, VT 05055
SOLD NOV 1, 2024
3D & VIDEO TOUR
$1,600,000 Last Sold Price
3 beds
2.5 baths
2,638 sq ft
643 Pattrell Rd, Norwich, VT 05055
List Price
$1,700,000
Sale to List
6% under list
Days on Market
55 days
643 Pattrell Rd, Norwich, VT 05055
SOLD OCT 29, 2024
3D WALKTHROUGH
$1,395,000 Last Sold Price
4 beds
3.5 baths
3,288 sq ft
47 Church St, Norwich, VT 05055
List Price
$1,295,000
Sale to List
8% over list
Days on Market
40 days
47 Church St, Norwich, VT 05055
SOLD OCT 16, 2024
$900,000 Last Sold Price
3 beds
2 baths
1,840 sq ft
39 Carpenter St, Norwich, VT 05055
List Price
$925,000
Sale to List
3% under list
Days on Market
93 days
39 Carpenter St, Norwich, VT 05055
SOLD OCT 11, 2024
$111,250
3 beds
3 baths
1,712 sq ft
66 Tucker Hill Rd, Norwich, VT 05055
List Price
—
Sale to List
—
Days on Market
—
66 Tucker Hill Rd, Norwich, VT 05055
SOLD SEP 27, 2024
$1,275,000 Last Sold Price
4 beds
3.5 baths
4,815 sq ft
11 Old Farm Rd, Norwich, VT 05055
List Price
$1,350,000
Sale to List
6% under list
Days on Market
91 days
11 Old Farm Rd, Norwich, VT 05055
SOLD SEP 13, 2024
$455,000 Last Sold Price
3 beds
2 baths
1,440 sq ft
714 Upper Turnpike Rd, Norwich, VT 05055
List Price
$439,000
Sale to List
4% over list
Days on Market
86 days
714 Upper Turnpike Rd, Norwich, VT 05055
See all recently sold homes in Norwich.
See listings

Schools in Norwich

Learn about schools in the Norwich area

Elementary
Middle
High

GreatSchools Rating

9/10

Marion W. Cross School

Public • PreK-6

291

Students

9 reviews

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Climate's impact on Norwich housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Norwich.

Wind Factor - Minor

56% of properties are at minor risk of a severe wind event over the next 30 years

Heat Factor - Minor

61% of properties are at moderate risk of heat over the next 30 years

Provided by First Street Foundation

More real estate resources for Norwich

Neighborhood Housing Markets

Town of Norwich Housing Market

Nearby City Housing Markets

Zip Code Housing Markets

Neighborhood Listings

Town of Norwich Real Estate

Nearby City Listings

Zip Code Listings

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