What to Expect from the Norwalk Real Estate Market in 2025

by Samuel Ham

The Norwalk real estate market is evolving in 2025, with rising home values, fast sales, and new developments shaping the city's growth. Whether you’re looking to buy or sell in Norwalk, CT, understanding these trends will help you make the best real estate decisions.


📈 Norwalk Real Estate Market Trends (2025)

  • Home Prices Are Rising – The average home value in Norwalk is now $622,145, a 6.9% increase from last yearmes Are Selling Quickly** – The median time on the market is just 11 days, reflecting strong buyer demand .
  • Bket Conditions – While the market is currently balanced, tight inventory statewide is creating competition among buyers .

🏡 Maments Shaping the Market

Norwalk is undergoing significant growth, making it an even more attractive place to live and invest.

New Housing & Retail Projects

  • Wall Street Place Project – Expected to deliver 155 housing units, including 105 affordable units, by October 2025 .
  • New Shopping & Amenit*Target store and Connecticut’s first Wegmans supermarket are set to open in mid-2025, enhancing local convenience .

These projects are likely to boond property values, making Norwalk a prime location for homebuyers.


📊 What This Means for Buyers & Sellers

For Buyers: With homes selling in just 11 days, being pre-approved and ready to make a competitive offer is crucial. Tight inventory means buyers need to act fast .

For Sellers: Home values are **rising*025 an excellent time to sell and maximize profits. Demand remains high, meaning well-priced homes could receive multiple offers .


📞 Thinking of buying or selling in Norwalk? SJH Real Estate Team to help you navigate the market! Contact us today!

🔗 Sources:

#NorwalkRealEstate #HousingMarket #FairfieldCounty #BuyAHome #SJHRealEstate

advisor-avatar

+1(203) 515-8852

samueljham@gmail.com

Stratford, Connecticut, 06614, United States

GET MORE INFORMATION

Name
Phone*
Message