Norfolk, CT Foreclosures
How much do homes sell for in Norfolk, CT?
The average home price is currently $616,410.
In Norfolk, CT, how many homes are available?
There are currently 1 active home listings available in Norfolk.
What’s the average rental cost in Norfolk, CT?
The average rental price in Norfolk is $1,593.
What is the most expensive home in Norfolk?
The most expensive home sold in Norfolk had a price of $8,635,036.
What is currently the cheapest priced home in Norfolk, CT?
The cheapest home for sale in Norfolk is priced at $36,323.
Living in Norfolk, CT
Norfolk, CT, is a serene town located in the scenic Litchfield Hills, offering a perfect balance of outdoor activities and community living. Known for its beautiful landscapes, historic charm, and a strong sense of community, it is an ideal location for those seeking tranquility. Residents can enjoy outdoor recreational activities, quality schooling, and a friendly atmosphere.
Current Market Conditions in Norfolk, CT
The current real estate market in Norfolk is stable, with a mix of single-family homes, charming cottages, and larger estates available. Demand for properties remains steady, particularly among those seeking a second home or a quiet rural environment. The community's appeal rests on its outdoor recreational opportunities and strong community ties.
In recent months, there has been an increase in interest from buyers looking to relocate to quieter areas, exacerbated by ongoing trends prompted by remote work flexibility. Consequently, Norfolk has seen slight appreciation in property values, indicating a healthy market.
Home Value Estimator For Norfolk, CT
There are currently 879 real estate properties
in Norfolk, CT,
with a median automated valuation model (AVM) price
of $473,307.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Norfolk, CT, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Norfolk, CT,
is $616,410.00, with the most expensive house
in Norfolk, CT, topping out
at $8,635,036.00 and the cheapest home
in Norfolk, CT,
clocking in at $36,323.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Norfolk, CT!
Rent Prices
In Norfolk, CT
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Norfolk, CT, is on
a rollercoaster ride. The
average rent price in Norfolk, CT,
is $1,593.00. Indeed, when looking to rent in
Norfolk, CT, you can expect to pay as little
as $630.00 or as much
as $2,620.00,
with the average rent median estimated to
be $1,570.00. The good news is that finding
an affordable and desirable property to rent in Norfolk, CT
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
