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Norwalk, Connecticut

Realtor Aug 2026 · ACS 2024

Market Read

A tight-supply market with no rental pool to price against. Demand is visible here; the rent math is not.

Demand outpaces supply. Hotness 85/100, supply score 76, homes go under contract 18.6% faster than the US median, at 212% of US prices. See the sale evidence ↓
Tenant economics are strong. Median household income $110K, +2.0% YoY (ZIP); renters hold 44.4% of ZIP households. See the people evidence ↓

What would change this read: the median listing price is +13.9% YoY. inventory, +4.4% YoY, is the number to watch.

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

Computed from this page's data: median listing $1,009,764 (Realtor). The listing and rental pools are separate samples, not the same homes priced two ways, so the ratios describe the market rather than any one property. Ratios with reasons, not a recommendation to buy.

8 ZIPs in this city:06850 06851 06852 06853 06854 06855 06856 06858

Market Hotness

85 / 100Realtor.com competitiveness composite

national · lower = hotter

0–100 · supply + demand

higher = tighter supply

higher = stronger demand

−18.6%

homes sell faster here

212%

of national median · above avg

Median Listing Price

$1.01M

Population

92,197

36,021

Median Days on Market

Active Listings

120

New Listings

Housing Market

The median listing price is up 13.9% YoY while the median home got down 15.0% bigger, so value per square foot is up 16.3%.

Pricing

Median Listing Price

$1.01M+13.9% YoY

Average Listing Price

$1.24M+18.7% YoY

Price per Sq Ft

$490.1+16.3% YoY

Median Sq Ft

1,774-15.0% YoY

Inventory

Active Listings

120+15.4% YoY

New Listings

72-5.3% YoY

Total Listings

235+4.4% YoY

Buyer Competition

Pending Listings

117-0.8% YoY

Pending Ratio

0.98-14.1% YoY

Median Days on Market

38-5.6% YoY

Price Reduced

7.4%-6.3% YoY

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 251,530

252Kunits

Occupied235,37993.6%

Vacant16,1516.4%

2024 Tenure ⓘ

U.S. Census ACS · n = 235,379

235Koccupied

Owner156,31966.4%

Renter79,06033.6%

Renter Share

33.6%-0.6% YoY

Total Housing Units

251,530+0.6% YoY

ZIP Profile

U.S. Census ACS characteristics rolled up across the ZIP Code Tabulation Areas in this area, not the parent county.

Renters hold 44.4% of this ZIP's 36,021 occupied households, on a median household income of $110K.

Population & Age

Total Population

92,197+0.9% YoY

2024 Age Mix ⓘ

U.S. Census ACS · n = 92,197

92Kresidents

Under 1817,34918.8%

Adults 18–6459,21664.2%

65 & Over15,63217.0%

Age Composition Over Time

U.S. Census ACS · 2019–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Median Age

40.32+1.0% YoY

Population Under 18

17,349-2.3% YoY

Population 65 & Over

15,632+4.1% YoY

Households & Mobility

Total Households

36,021+1.5% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.54-0.6% YoY

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house89.6%

Moved (within US)9.5%

Other0.9%

Veterans

2.4%-7.8% YoY

Income & Poverty

Median Household Income

$110K+2.0% YoY

Per-Capita Income

$61K+2.9% YoY

Mean Household Income

$154K+1.8% YoY

Below Poverty Level

9.1%-9.8% YoY

Commuting

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone64.7%

Public transit7.4%

Worked from home15.2%

Other12.8%

Worked From Home

15.2%+14.4% YoY

Mean Commute

27.23+0.7% YoY

Units & Tenure

Total Housing Units

38,139+0.3% YoY

2024 Occupancy ⓘ

U.S. Census ACS · n = 38,139

38Kunits

Occupied36,02194.4%

Vacant2,1185.6%

2024 Tenure ⓘ

U.S. Census ACS · n = 36,021

36Khouseholds

Owner20,03855.6%

Renter15,98344.4%

Avg Household Size — Owner

2.76+1.0% YoY

Avg Household Size — Renter

2.27-3.1% YoY

County Demographics

County population is up 0.9% to 627,071: residents under 18 are up 0.1% and those 65 and over are up 3.3%.

Median Age

41.52024

Population

Western Connecticut Planning Region Population

637,013+1.1% YoY

Households

Total Households

235,379+1.3% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.63-0.4% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 627,071

627Kresidents

Under 18136,49021.8%

Adults 18–64381,36460.8%

65 & Over109,21717.4%

Age Composition Over Time

U.S. Census ACS · 2022–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

136,490+0.1% YoY

Population 65 & Over

109,217+3.3% YoY

Median Age

41.500.0% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house89.2%

Moved (within US)9.8%

Other1.0%

Veterans

3.1%-8.8% YoY

County Economy

County median household income is $128K, 7.5% of residents are below the poverty level, 21.5% work from home.

Income

Median Household Income

$128K+2.9% YoY

Per-Capita Income

$82K+3.3% YoY

Mean Household Income

$215K+2.6% YoY

Poverty

Below Poverty Level

7.5%+1.4% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone59.3%

Public transit7.0%

Worked from home21.5%

Other12.2%

Worked From Home

21.5%+12.6% YoY

Mean Commute

30.80-0.6% YoY

Done with Norwalk? Put it next to another market.

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Norwalk, Connecticut

Realtor Aug 2026 · ACS 2024

Market Read

A tight-supply market with no rental pool to price against. Demand is visible here; the rent math is not.

Demand outpaces supply. Hotness 85/100, supply score 76, homes go under contract 18.6% faster than the US median, at 212% of US prices. See the sale evidence ↓
Tenant economics are strong. Median household income $110K, +2.0% YoY (ZIP); renters hold 44.4% of ZIP households. See the people evidence ↓

What would change this read: the median listing price is +13.9% YoY. inventory, +4.4% YoY, is the number to watch.

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

8 ZIPs in this city:06850 06851 06852 06853 06854 06855 06856 06858

Market Hotness

85 / 100Realtor.com competitiveness composite

national · lower = hotter

0–100 · supply + demand

higher = tighter supply

higher = stronger demand

−18.6%

homes sell faster here

212%

of national median · above avg

Median Listing Price

$1.01M

Population

92,197

36,021

Median Days on Market

Active Listings

120

New Listings

Housing Market

The median listing price is up 13.9% YoY while the median home got down 15.0% bigger, so value per square foot is up 16.3%.

Pricing

Median Listing Price

$1.01M+13.9% YoY

Average Listing Price

$1.24M+18.7% YoY

Price per Sq Ft

$490.1+16.3% YoY

Median Sq Ft

1,774-15.0% YoY

Inventory

Active Listings

120+15.4% YoY

New Listings

72-5.3% YoY

Total Listings

235+4.4% YoY

Buyer Competition

Pending Listings

117-0.8% YoY

Pending Ratio

0.98-14.1% YoY

Median Days on Market

38-5.6% YoY

Price Reduced

7.4%-6.3% YoY

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 251,530

252Kunits

Occupied235,37993.6%

Vacant16,1516.4%

2024 Tenure ⓘ

U.S. Census ACS · n = 235,379

235Koccupied

Owner156,31966.4%

Renter79,06033.6%

Renter Share

33.6%-0.6% YoY

Total Housing Units

251,530+0.6% YoY

ZIP Profile

U.S. Census ACS characteristics rolled up across the ZIP Code Tabulation Areas in this area, not the parent county.

Renters hold 44.4% of this ZIP's 36,021 occupied households, on a median household income of $110K.

Population & Age

Total Population

92,197+0.9% YoY

2024 Age Mix ⓘ

U.S. Census ACS · n = 92,197

92Kresidents

Under 1817,34918.8%

Adults 18–6459,21664.2%

65 & Over15,63217.0%

Age Composition Over Time

U.S. Census ACS · 2019–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Median Age

40.32+1.0% YoY

Population Under 18

17,349-2.3% YoY

Population 65 & Over

15,632+4.1% YoY

Households & Mobility

Total Households

36,021+1.5% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.54-0.6% YoY

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house89.6%

Moved (within US)9.5%

Other0.9%

Veterans

2.4%-7.8% YoY

Income & Poverty

Median Household Income

$110K+2.0% YoY

Per-Capita Income

$61K+2.9% YoY

Mean Household Income

$154K+1.8% YoY

Below Poverty Level

9.1%-9.8% YoY

Commuting

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone64.7%

Public transit7.4%

Worked from home15.2%

Other12.8%

Worked From Home

15.2%+14.4% YoY

Mean Commute

27.23+0.7% YoY

Units & Tenure

Total Housing Units

38,139+0.3% YoY

2024 Occupancy ⓘ

U.S. Census ACS · n = 38,139

38Kunits

Occupied36,02194.4%

Vacant2,1185.6%

2024 Tenure ⓘ

U.S. Census ACS · n = 36,021

36Khouseholds

Owner20,03855.6%

Renter15,98344.4%

Avg Household Size — Owner

2.76+1.0% YoY

Avg Household Size — Renter

2.27-3.1% YoY

County Demographics

County population is up 0.9% to 627,071: residents under 18 are up 0.1% and those 65 and over are up 3.3%.

Median Age

41.52024

Population

Western Connecticut Planning Region Population

637,013+1.1% YoY

Households

Total Households

235,379+1.3% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.63-0.4% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 627,071

627Kresidents

Under 18136,49021.8%

Adults 18–64381,36460.8%

65 & Over109,21717.4%

Age Composition Over Time

U.S. Census ACS · 2022–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

136,490+0.1% YoY

Population 65 & Over

109,217+3.3% YoY

Median Age

41.500.0% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house89.2%

Moved (within US)9.8%

Other1.0%

Veterans

3.1%-8.8% YoY

County Economy

County median household income is $128K, 7.5% of residents are below the poverty level, 21.5% work from home.

Income

Median Household Income

$128K+2.9% YoY

Per-Capita Income

$82K+3.3% YoY

Mean Household Income

$215K+2.6% YoY

Poverty

Below Poverty Level

7.5%+1.4% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone59.3%

Public transit7.0%

Worked from home21.5%

Other12.2%

Worked From Home

21.5%+12.6% YoY

Mean Commute

30.80-0.6% YoY

Done with Norwalk? Put it next to another market.