Housing in Norwalk, CA

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$700,000

Median List Price

$719,000

Price Per Sq Ft

$627

Days on Market

31

Active Inventory

51

Months of Supply

3.6

Seller's market

Zillow Home Value

$747,964

ZHVI — January 2026

Zillow Rent Index

$2,696

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 2.9%List Price 1.4%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

57.1%

Off Market in 2 Weeks

50.0%

Sale-to-List Ratio

99.3%

Buyer's market

Sold Above Asking
57.1%
Under Contract in 2 Wks
50.0%
Listings with Price Drops
17.6%

Market Activity

Source: Redfin

Homes Sold

14

New Listings

31

Pending Sales

30

Homes Sold 41.7%New Listings 27.9%Pending 26.8%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$627

Median List $/SF

$615

Sale $/SF 1.6%List $/SF 0.8%Mar 24Jan 26

Norwalk vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 50,000 - 100,000 residents. Norwalk is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$616,600

Median Rent

$2,014

Total Housing Units

27,346

Vacancy Rate

2.0%

Owner Occupied

68.1%

Renter Occupied

31.9%

Median Property Tax

$4,152

per year

Monthly Cost (w/ Mortgage)

$2,017

Housing Types

Single Family
79.2%
Multi-Family
19.1%
Mobile Home
1.6%

The current median sale price in Norwalk, CA is $700,000 according to Redfin data. Homes spend a median of 31 days on the market. 57.1% of homes sold above asking price. The market has 3.6 months of supply. The median price per square foot is $627. Zillow's observed rent index is $2,696/month. About 68.1% of housing units are owner-occupied. The median year homes were built is 1957. There are 27,346 total housing units.