Norwalk, CT Housing Market
The Norwalk housing market is very competitive. The median sale price of a home in Norwalk was $538K last month, up 5.2% since last year. The median sale price per square foot in Norwalk is $349, up 13.1% since last year.
Norwalk Housing Market Trends
In March 2024, Norwalk home prices were up 5.2% compared to last year, selling for a median price of $538K. On average, homes in Norwalk sell after 37 days on the market compared to 49 days last year. There were 46 homes sold in March this year, down from 83 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
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 4% above list price and go pending in around 39 days.
- Hot homescan sell for about 10% above list price and go pending in around 18 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 3% above list price and go pending in around 33 days.
- Hot homescan sell for about 8% above list price and go pending in around 17 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 43 days.
- Hot homescan sell for about 7% above list price and go pending in around 21 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 Walla Walla and Lincoln.
- 69% 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 | Feb '24 - Apr '24 | ||
1 | 5 | ||
2 | 5 | ||
3 | 3 | ||
4 | 1 | ||
5 | 1 | ||
6 | 1 | ||
7 | 0 | ||
8 | 0 | ||
9 | 0 | ||
10 | 0 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 6,427 | ||
2 | 4,068 | ||
3 | 3,393 | ||
4 | 3,037 | ||
5 | 2,791 | ||
6 | 2,083 | ||
7 | 1,825 | ||
8 | 1,664 | ||
9 | 1,615 | ||
10 | 1,436 |
Home offer insights for Norwalk
Recent offers
View houses in Norwalk that sold recently
Recently sold homes
- $634,540 Last Sold Price2 beds2.5 baths1,916 sq ft805 Foxboro Dr #805, Norwalk, CT 06851List Price$575,000Sale to List10% over listDays on Market24 days805 Foxboro Dr #805, Norwalk, CT 06851
- $375,000 Last Sold Price2 beds1.5 baths1,258 sq ft1 Horizon Dr Apt 22, Norwalk, CT 06854List Price$375,000Sale to List0% over listDays on Market57 days1 Horizon Dr Apt 22, Norwalk, CT 06854
- $866,000 Last Sold Price3 beds2.5 baths2,488 sq ft8 Poplar St, Norwalk, CT 06855List Price$845,000Sale to List2% over listDays on Market73 days8 Poplar St, Norwalk, CT 06855
- $650,000 Last Sold Price4 beds1.5 baths1,827 sq ft21 Beverly Pl, Norwalk, CT 06850List Price$619,000Sale to List5% over listDays on Market30 days21 Beverly Pl, Norwalk, CT 06850
- $255,000 Last Sold Price—beds1 bath675 sq ft94 Washington St #10, Norwalk, CT 06854List Price$259,000Sale to List2% under listDays on Market121 days94 Washington St #10, Norwalk, CT 06854
- $720,000 Last Sold Price2 beds2 baths1,395 sq ft33 N Water St #605, Norwalk, CT 06854List Price$699,000Sale to List3% over listDays on Market69 days33 N Water St #605, Norwalk, CT 06854
- $596,000 Last Sold Price3 beds1 bath1,150 sq ft75 Walter Ave, Norwalk, CT 06851List Price$549,000Sale to List9% over listDays on Market54 days75 Walter Ave, Norwalk, CT 06851
- $825,000 Last Sold Price7 beds3 baths2,941 sq ft32 Neptune Ave, Norwalk, CT 06854List Price$775,000Sale to List6% over listDays on Market57 days32 Neptune Ave, Norwalk, CT 06854
See all recently sold homes in Norwalk.
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Schools in Norwalk
- Elementary
- Middle
- High
GreatSchools Rating
10/10 Royle Elementary School Public • PreK-5 | 387 Students | 8 reviews |
9/10 Tokeneke Elementary School Public • PreK-5 | 434 Students | 10 reviews |
6/10 Rowayton School Public • K-5 | 483 Students | 11 reviews |
6/10 Columbus Magnet School Public • K-8 | 312 Students | 23 reviews |
5/10 Jefferson Magnet School Public • PreK-5 | 445 Students | 13 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
Heat Factor
Transportation in Norwalk
Walk Score®
Transit Score®
Bike Score®
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