Norwich, CT Housing Market & Real Estate

Seller's market+4.8% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Norwich, CT is $264,000, up 4.8% year-over-year. Homes sell in an average of 37 days with 80 active listings. The market is currently a seller's market.

$264,000median sale price

Is Norwich a buyer's or seller's market?

Seller's market2.4 months of supply37 avg. days on market

Norwich, CT is currently a seller's market, based on 2.4 months of supply and homes selling in about 37 days. How we determine this →

Homes sold

34

Last 12 weeks

Days on market

37

Average pace

Active listings

80

2.4 months supply

Sale-to-list

101.0%

Above asking

Norwich, CT market data

Current housing market statistics for Norwich, CT
MetricValue
Median sale price$264,000
Median list price$267,250
Year-over-year price change+4.8%
Average days on market37 days
Active inventory80 listings
Months of supply2.4 months
Sale-to-list price ratio101.0%
Market conditionSeller's market

Source: Redfin · Updated weekly

The Norwich housing market is currently classified as a seller's market with a median sale price of $264,000. Prices have risen 4.8% compared to last year, with homes spending an average of 37 days on market, indicating 2.4 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Norwich

There are currently 80 homes listed for sale in Norwich, Connecticut. The median listing price is $267K.

Active listings

80

Homes on market

Median list price

$267K

Avg. days on market

37

Days until sale

New this week

34

Newly listed

Price drops:17.5%of listings
Sale-to-list:101.0%

Top public schools in Norwich

12 schools tracked · 6,052 students

The largest public schools serving Norwich, CT by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Norwich Free Academy

Grades 9-12 · 2,001 students

Public

Norwich Technical High School

Grades 9-12 · 642 students

Vocational

Kelly STEAM Magnet Middle School

Grades 6-8 · 548 students

Public

Teachers' Memorial Global Studies Magnet Middle School

Grades 6-8 · 486 students

Public

Moriarty Magnet School

Grades PK-5 · 461 students

Public

John B. Stanton School

Grades K-5 · 384 students

Public

Integrated Day Charter School

Grades PK-8 · 362 students

Charter

Samuel Huntington School

Grades PK-5 · 299 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Explore nearby cities in CT

Frequently asked questions

What is the average home price in Norwich?

The median home sale price in Norwich is $264,000, up 4.8% from last year.

How long do homes stay on market in Norwich?

Homes typically spend 37 days on market before going under contract.

Is Norwich a buyer's or seller's market?

With 2.4 months of supply, Norwich is currently a seller's market.

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