Norwalk Real Estate Market Continues Weakness in Price Cuts

Sales in the Norwalk market fell to 69 homes sold over the past 30 days. In addition, the number of sellers reducing their listing price is still in the midst of a downward trend with 30 price reductions in the same time frame. Potential buyers should note that prices are coming down in Norwalk, and for this period the median sales price slid from $435,000 to $432,000. With only one month of inventory to sell, Norwalk is a solid seller's market, in spite of the dip in sales.

If you're looking for a large number of bathrooms, take a look at these three homes in Norwalk that offer the most of all available listings:

$554K   $495K   $485K  

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

Demographic facts for Norwalk:

  • This area has an average elevation of 76 feet.
  • The median income for the homes in this area is $54,924.
  • There are 1,069 students for every counselor. (513 = national average)

Data reported through 1/12/2017

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