Norwalk, IA Real Estate Market Summary – September 7, 2026
In Norwalk, IA, there were 42 properties sold in the past month, with an average living area of 1,472 square feet. The median sale price stood at $309,245, reflecting an active month in the local market.
| Metric | 30 Days |
|---|---|
| Number Sold | 42 |
| Sold Per Day | 1.40 |
| Average SQFT | 1472 |
| Median Sales Price | $309,245 |
| Average Sales Price | $340,028 |
| Average Price Per SQFT | $227 |
| Average Days on Market | 16 |
| Average Year Built | 2013 |
Norwalk, IA Single Family Home Analysis
A total of 34 single-family homes changed ownership, averaging 1,488 square feet in living space. The median price for these homes was $323,045, and they were on the market for an average of 15 days before sale.
| Metric | 30 Days |
|---|---|
| Number Sold | 34 |
| Sold Per Day | 1.13 |
| Average SQFT | 1488 |
| Median Sales Price | $323,045 |
| Average Sales Price | $359,645 |
| Average Price Per SQFT | $237 |
| Average Days on Market | 15 |
| Average Year Built | 2011 |
Norwalk, IA Condo & Townhome Analysis
There were 8 condo and townhome properties sold, with an average living area of 1,404 square feet. The median sale price for these homes was $247,450, and they typically spent about 21 days on the market before being sold.
| Metric | 30 Days |
|---|---|
| Number Sold | 8 |
| Sold Per Day | 1 every 3.75 days |
| Average SQFT | 1404 |
| Median Sales Price | $247,450 |
| Average Sales Price | $256,656 |
| Average Price Per SQFT | $185 |
| Average Days on Market | 21 |
| Average Year Built | 2021 |
Buyer & Seller Analysis
- Properties were sold at a pace of 1.40 per day.
- Average days on market was approximately 16 days.
- The average sale price across all properties was $340,028.
- The data does not include sale prices for active listings.
Conclusion
Overall, the real estate market in Norwalk is reflecting a stable level of activity with diverse property types. Buyers and sellers should consider the current trends when making their decisions.