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Foreclosures in Norwalk, CT 06853

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Norwalk, CT Foreclosures

Current Market Conditions in in Norwalk, CT As of January 2026?
In the past month, Norwalk's housing market has continued to show signs of strength, with a slight increase in home listings. Compared to the previous month, the average home price has seen a modest rise, reflecting ongoing demand. Historically, September marks a transitional period as families settle before the school year, and this year has been no exception, with varying trends in activity levels in different neighborhoods of the city.
How much do homes sell for in Norwalk, CT?
The average home price is currently $897,808.
What’s the average rental cost in Norwalk, CT?
The average rental price in Norwalk is $2,616.
What is the most expensive home in Norwalk?
The most expensive home sold in Norwalk had a price of $164,911,712.
What is currently the cheapest priced home in Norwalk, CT?
The cheapest home for sale in Norwalk is priced at $10,130.

Living in Norwalk, CT

Norwalk, Connecticut, is a charming waterfront city known for its beautiful parks, diverse dining options, and vibrant cultural offerings. The city’s waterfront location along Long Island Sound provides ample recreational opportunities, while its close proximity to New York City makes it a convenient location for commuters. Residents enjoy a welcoming community with access to excellent schools and public transport.

Buyer vs Seller Market in Norwalk, CT

The real estate market in Norwalk is currently experiencing steady growth, with home prices reflecting the area's desirability. Recent trends show an increase in demand for single-family homes, driven by young professionals and families looking for more space and access to outdoor activities.

Rental properties are also in high demand, particularly near the waterfront and downtown areas. This has led to a competitive market for renters, resulting in rising rental rates.

Home Value Estimator For Norwalk, CT

There are currently 27,028 real estate properties in Norwalk, CT, with a median automated valuation model (AVM) price of $657,751.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Norwalk, 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 Norwalk, CT, is $897,808.00, with the most expensive house in Norwalk, CT, topping out at $164,911,712.00 and the cheapest home in Norwalk, CT, clocking in at $10,130.00. In other words, there’s something for every potential homebuyer or savvy investor in Norwalk, CT!

Rent Prices In Norwalk, CT

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Norwalk, CT, is on a rollercoaster ride. The average rent price in Norwalk, CT, is $2,616.00. Indeed, when looking to rent in Norwalk, CT, you can expect to pay as little as $1,070.00 or as much as $6,760.00, with the average rent median estimated to be $2,560.00. The good news is that finding an affordable and desirable property to rent in Norwalk, 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.

Norwalk, CT 06853 Foreclosures

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