October's First-Time Homebuyer Report for Norwalk

The population of Norwalk is growing faster than the rest of California, at a 10-year growth rate of 2.5%. It's a larger than average city compared to the rest of the state, with 105,549 residents. Homes in Norwalk are older than most with a median age of 53 years. Heading the list of top schools in the city is Julia B. Morrison Elementary School.

Price Range

Home values in Norwalk are generally in line with others in the state with a median home value of $269,900 and an average list price of $419,929.

Out of all the listings in Norwalk, these have been viewed the most. So be sure to see what all the fuss is about with these fabulous homes.

$374K   $379K   $399K  

Typical Dwelling

A three-bedroom detached home valued around $427,146 is considered a typical dwelling in Norwalk. If a buyer was looking for a similar home, they would need good credit and a $85,429 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $1,965 and the property tax rate is $7.73 per $1,000 of taxable assessed value.

Get started right now by checking out Norwalk homes for sale or reviewing Norwalk real estate trends.


Data reported through 10/13/2016

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