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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
55%
45%
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 Market68
Sale-to-List Ratio1.0%
Price Drops12.0%
Homes Sold40
Active Inventory92
Price Per Sq Ft$396

Ownership & Stock

Owner-Occupied55.1%
Renter-Occupied44.9%
Homeownership Rate55.1%
Total Housing Units38,068
Median Year Built1966
Rent Burden29.3%