Home prices
The median home in Norwalk is valued at $435,800. This is about $401,980 (47%) lower compared to nearby areas.Compared to the country as a whole it is about $218,300 (100%) higher, and in comparison to the city of New York is about $170,200 (28%) lower.
Rents
The median monthly rent in Norwalk is $1,685. In comparison to other places in this area it is roughly $632 (27%) lower.Compared to the United States as a whole it is about $623 (58%) higher, and is approximately $242 (16%) higher compared to the city of New York.
Nearby places
Darien
Darien is Norwalk's neighbor to the southwest. The housing prices there are significantly more expensive. The median home in Darien is valued at $1,471,700, which comes out to $1,035,900 (70%) higher than Norwalk. Its rents are somewhat more expensive. Darien's median monthly rent is $2,469, which is $784 (31%) higher than Norwalk.
Westport
Westport is Norwalk's neighbor to the northeast. The real estate prices there are a lot more expensive. The median home in Westport costs $1,150,400, which works out to $714,600 (62%) higher than Norwalk. The rent there is a bit more expensive. The median monthly rent in Westport is $1,956, which is $271 (13%) higher than Norwalk.
Wilton Center
Wilton Center is about 4 miles north from Norwalk. Its housing prices are a bit less expensive. The median home in Wilton Center is valued at $330,900, which is $104,900 (31%) lower than Norwalk. Rents there are a lot more expensive. In Wilton Center the median monthly rent is $3,139, which works out to $1,454 (46%) higher than Norwalk.
Southport
Southport is approximately 6 miles east from Norwalk. Real estate prices there are substantially more expensive. The value of the median home in Southport is $703,200, which is $267,400 (38%) higher than Norwalk. The rent there is a little more expensive. In Southport the median rent is $2,208 a month, which comes out to $523 (23%) higher than Norwalk.
Stamford
Stamford is roughly 6 miles west of Norwalk. Its real estate prices are a bit more expensive. The median home in Stamford costs $532,700, which works out to $96,900 (18%) higher than Norwalk. Rents there are somewhat more expensive. Stamford's median monthly rent is $1,812, which works out to $127 (7%) higher than Norwalk.
