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Featured local agent — Norwalk, OH

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Norwalk, OH

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Norwalk, OH(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Norwalk, OH Housing Market & Real Estate

Balanced market+14.3% YoY

Housing market overview · Updated monthly ·

$211,500median sale price

How is the Norwalk, OH housing market right now?

The median home sale price in Norwalk, OH is $211,500, up 14.3% year-over-year. Homes sell in an average of 73 days with 30 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

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

Balanced market2.5 months of supply73 avg. days on market

Norwalk, OH is currently a balanced market, based on 2.5 months of supply and homes selling in about 73 days. How we determine this →

Homes sold

12

Last 12 weeks

Days on market

73

Average pace

Active listings

30

2.5 months supply

Sale-to-list

96.8%

Below asking

What does the Norwalk housing market data show?

Current housing market statistics for Norwalk, OH
MetricValue
Median sale price$211,500
Median list price$259,900
Year-over-year price change+14.3%
Average days on market73 days
Active inventory30 listings
Months of supply2.5 months
Sale-to-list price ratio96.8%
Median price per sq ft$152/sq ft
Homes sold (latest month)12
New listings (latest month)16
Listings with a price cut26.7%
Market conditionBalanced market

Source: Redfin · Updated monthly

How much do homes cost in Norwalk by property type?

How the Norwalk, OH market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Norwalk, OH
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$210,000$151/sq ft956 days
Condo / Co-op$290,000$184/sq ft3100 days

Source: Redfin · Updated monthly

The Norwalk housing market is currently classified as a balanced market with a median sale price of $211,500. Prices have risen 14.3% compared to last year, with homes spending an average of 73 days on market, indicating 2.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.7x provides context for how home values compare to local earning capacity.

Homes for sale in Norwalk

There are currently 30 homes listed for sale in Norwalk, Ohio. The median listing price is $260K.

Active listings

30

Homes on market

Median list price

$260K

Avg. days on market

73

Days until sale

New this week

16

Newly listed

Price drops:26.7%of listings
Sale-to-list:96.8%

Who lives in Norwalk?

Population

17,054

Median income

$58,940/yr

Median age

39.7 years

Owner-occupied

64.5%

College grads

20.3%

Avg commute

22.4 min

Source: U.S. Census Bureau ACS

What are homes worth in Norwalk?

Zillow home value

$220,671

Price-to-income

3.7x

Source: Zillow Research

What is it like to live in Norwalk?

Norwalk is a community of approximately 17K residents with a median age of 39.7 years.The median household income is $58,940, which represents a working-class community with solid middle-income opportunities. 20.3% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 64.5%, showing a blend of owner and renter-occupied properties. The average commute time is 22.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Norwalk offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Norwalk?

6 schools tracked · 2,494 students

The largest public schools serving Norwalk, OH 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.

Norwalk High School

Grades 9-12 · 732 students

Public

Maplehurst Elementary School

Grades PK-1 · 448 students

Public

Pleasant Elementary School

Grades 2-3 · 390 students

Public

Norwalk Middle School

Grades 7-8 · 373 students

Public

Main Street School

Grades 5-6 · 353 students

Public

League Elementary School

Grades 3-5 · 198 students

Public

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

Which cities are near Norwalk, OH?

Want a head-to-head view? Compare Norwalk side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Norwalk?

The median home sale price in Norwalk is $211,500, up 14.3% from last year.

How long do homes stay on market in Norwalk?

Homes typically spend 73 days on market before going under contract.

What is the median income in Norwalk?

The median household income is $58,940 per year.

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

With 2.5 months of supply, Norwalk is currently a balanced market.

What is the Zillow home value estimate for Norwalk?

The Zillow Home Value Index (ZHVI) for Norwalk is $220,671, representing the typical home value in the area.

What is the median condo price in Norwalk?

The median condo/co-op sale price in Norwalk, OH is $290,000, compared to $210,000 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Norwalk?

The median single-family home price in Norwalk, OH is $210,000 (about $151 per square foot).

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