Norwalk, CT
Full City Profile · Connecticut · Greater Bridgeport Planning Region County
3.5
/5.0
B+
Good
91,375
Population
3,992/sq mi density
$105,301
Median Income
$59,700 per capita
$535,000
Home Value
$639,076 Zillow
$2,010
Median Rent
29.3% income on rent
55°F
Avg Temperature
276 sunny days/yr
205
Violent Crime/100K
1,394 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$105,301 median income, 4.1% unemployment
B+
Affordability
3.8 / 5.0
$535,000 home value, $2,010/mo rent
F
Safety
1.0 / 5.0
205 violent crimes/100K
A+
Education
4.6 / 5.0
44.6% bachelor's degree or higher
Housing Overview
Median Home Value
$535,000
90% above
US avg: $281,900
Median Rent
$2,010/mo
73% above
US avg: $1,163/mo
Homeownership Rate
55.1%
16% below US avg (65.4%)
Total Housing Units
38,068
Median year built: 1966
Home Value by Source
Census Median
$535,000
Zillow (ZHVI)
$639,076
Median Sale Price
$697,000
Median List Price
$694,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
55.1%
Owner-Occupied
44.9%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,351/mo
1 Bedroom
$1,590/mo
2 Bedroom
$1,955/mo
3 Bedroom
$2,415/mo
4 Bedroom
$2,824/mo
Census median rent:
$2,010/mo
· Zillow rent:
$2,667/mo
Market Indicators (Redfin)
Median Days on Market
68 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
40
Price Drops
12.0%
of listings with price reduction
Price Per Sq Ft
$396
Active Inventory
92
homes for sale
Affordability & Housing Stock
Rent Burden
29.3%
of renters spending 30%+ of income on housing
5% below US avg (31.0%)
Median Year Built
1966
Average age of housing stock: 60 years
Homeownership Rate
55.1%
Complete Housing Data
Home Values
| Census Median Value | $535,000 |
| Zillow Home Value (ZHVI) | $639,076 |
| Median Sale Price | $697,000 |
| Median List Price | $694,000 |
| Price Per Sq Ft | $396 |
Rent
| Census Median Rent | $2,010 |
| Zillow Rent (ZORI) | $2,667 |
| FMR Studio | $1,351 |
| FMR 1-Bedroom | $1,590 |
| FMR 2-Bedroom | $1,955 |
| FMR 3-Bedroom | $2,415 |
| FMR 4-Bedroom | $2,824 |
Market
| Days on Market | 68 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 12.0% |
| Homes Sold | 40 |
| Active Inventory | 92 |
| Price Per Sq Ft | $396 |
Ownership & Stock
| Owner-Occupied | 55.1% |
| Renter-Occupied | 44.9% |
| Homeownership Rate | 55.1% |
| Total Housing Units | 38,068 |
| Median Year Built | 1966 |
| Rent Burden | 29.3% |
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