Norwalk Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$107,000

  • 12.0% 1-year change
  • None 1-year forecast

The median home value in Norwalk is $107,000. Norwalk home values have gone up 12.0% over the past year.

Foreclosures will be a factor impacting home values in the next several years. In Norwalk 5.5 homes are foreclosed (per 10,000). This is greater than the national value of 3.6

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Norwalk is 3.3%, which is lower than the national value of 6.0%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Norwalk homeowners underwater on their mortgage is 19.3%.

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Relative ZHVI
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Norwalk Market Overview

Data through Jul 31, 2015
  • $107,000 ZHVI
  • No data 1-yr forecast
  • No data Median listing price
  • $131,706 Median sale price
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Norwalk Market Health

Data through Jul 31, 2015
  • 6.6/10 Healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 19.3% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 3.3% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

5 Norwalk
4 United States
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Nearby Cities

Name Median ZHVI
Huron $149,600
Berlin Heights $139,900
Milan $126,900
Name Median ZHVI
Sandusky South $126,800
Castalia $124,500
Fairview Lanes $104,600
Name Median ZHVI
Shiloh $79,300
Sandusky $67,200
 

Listings & Sales

Data through Jul 31, 2015
  • No recent data Median list price / sq ft
  • $81 Median sale price / sq ft
  • No data Listings with price cut
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Norwalk Rentals

Data through Jul 31, 2015
  • 5.9 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Mar 31, 2015)
  • No data Rent list price
  • No data Rent list price / sq ft
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