Norwich, KS Foreclosures
How much do homes sell for in Norwich, KS?
The average home price is currently $233,747.
What’s the average rental cost in Norwich, KS?
The average rental price in Norwich is $1,479.
What is the most expensive home in Norwich?
The most expensive home sold in Norwich had a price of $673,240.
What is currently the cheapest priced home in Norwich, KS?
The cheapest home for sale in Norwich is priced at $50,315.
Living in Norwich, KS
Norwich, KS is a quaint small town characterized by its welcoming community and country lifestyle. The area provides residents with essential amenities, local schools, and outdoor recreational activities. It offers a tranquil retreat with a tight-knit community atmosphere, making it a great place for families and individuals seeking a slower pace of life.
Current Market Conditions in Norwich, KS
The real estate market in Norwich has shown stability over the past year, with modest price increases reflecting the area's appeal as a peaceful living environment. Homes typically sell at prices that are accessible for first-time buyers and those looking for larger family homes at reasonable rates.
An ongoing trend is the gradual lifting of property values, as people discover the charm and affordability of living in a small community like Norwich. While the market remains competitive, particularly for quality listings, there is still a good selection of homes available.
Home Value Estimator For Norwich, KS
There are currently 29 real estate properties
in Norwich, KS,
with a median automated valuation model (AVM) price
of $184,400.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Norwich, KS, 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 Norwich, KS,
is $233,747.00, with the most expensive house
in Norwich, KS, topping out
at $673,240.00 and the cheapest home
in Norwich, KS,
clocking in at $50,315.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Norwich, KS!
Rent Prices
In Norwich, KS
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Norwich, KS, is on
a rollercoaster ride. The
average rent price in Norwich, KS,
is $1,479.00. Indeed, when looking to rent in
Norwich, KS, you can expect to pay as little
as $970.00 or as much
as $2,140.00,
with the average rent median estimated to
be $1,250.00. The good news is that finding
an affordable and desirable property to rent in Norwich, KS
-- 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.
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