Why Live in Norwalk
The Maritime Aquarium anchors Norwalk's waterfront attractions with its harbor seals, sharks, and touch tanks, while the nearby Sheffield Island Lighthouse provides stunning views of Long Island Sound and the New York City skyline. South Norwalk's arts district features numerous galleries, unique shops, and acclaimed restaurants like Match and Washington Prime. Outdoor recreation spans from Calf Pasture Beach's swimming and kayaking to Cranbury Park's hiking trails and historic Gallaher Mansion. The Lockwood-Mathews Mansion Museum, a Victorian architectural masterpiece, stands as a cultural landmark.
The housing market in Norwalk includes diverse options across distinct neighborhoods. Single-family homes in South Norwalk have a median price of $1,095,000, while East Norwalk's median price sits at $840,000. The upscale Rowayton area commands a median price of $2,025,000 for single-family homes. Condominiums present more affordable options, with one-bedroom units showing a median price of $272,500 and two-bedroom units at $439,000. Townhomes across Norwalk have a median price of $522,500.
Norwalk's property taxes include a 6.35% state sales tax rate, ranking 12th nationally, with no additional local sales tax. The Connecticut state income tax rate is 4.50% for a yearly salary of $46,415.00.
The city's education system includes several highly rated schools. Public options include Saxe Middle School and Staples High School, both rated A+ by Niche. Private institutions like Pierrepont School and Seven Acres Montessori serve multiple neighborhoods with A+ ratings. Commuters benefit from Metro-North Railroad service to New York City, along with easy access to I-95 and the Merritt Parkway. The WHEELS bus service provides local transportation throughout Norwalk's neighborhoods.
Home Trends in Norwalk, CT
On average, homes in Norwalk, CT sell after 46 days on the market compared to the national average of 50 days. The median sale price for homes in Norwalk, CT over the last 12 months is $630,000, down 1% from the median home sale price over the previous 12 months.
Median Sale Price
$630,000
Median Single Family Sale Price
$800,000
Median Townhouse Sale Price
$545,000
Median 2 Bedroom Sale Price
$426,000
Median 1 Bedroom Sale Price
$285,000
Average Price Per Sq Ft
$467
Number of Homes for Sale
125
Last 12 months Home Sales
741
Median List Price
$639,000
Median Change From 1st List Price
-3%
Median Home Sale Price YoY Change
-1%