Norwich, CT Real Estate Market Summary – September 7, 2026
In Norwich, CT, the real estate market has seen 40 homes sold in the last 30 days. The average sale price for these homes was $342,306, with a median price of $335,000. Homes in this market had an average of 14 days on the market before being sold.
| Metric | 30 Days |
|---|---|
| Number Sold | 40 |
| Sold Per Day | 1.33 |
| Average SQFT | 1719 |
| Median Sales Price | $335,000 |
| Average Sales Price | $342,306 |
| Average Price Per SQFT | $215 |
| Average Days on Market | 14 |
| Average Year Built | 1949 |
Norwich, CT Single Family Home Analysis
In the single-family home segment, 25 homes were sold during the past month. The average price for these homes was $375,774, while the median price reached $355,000. These properties averaged 13 days on the market.
| Metric | 30 Days |
|---|---|
| Number Sold | 25 |
| Sold Per Day | 1 every 1.20 days |
| Average SQFT | 1701 |
| Median Sales Price | $355,000 |
| Average Sales Price | $375,774 |
| Average Price Per SQFT | $236 |
| Average Days on Market | 13 |
| Average Year Built | 1945 |
Norwich, CT Condo & Townhome Analysis
The condo and townhome market in Norwich had 9 properties sold, with an average sale price of $294,211. The median price was $255,000, and these homes typically spent around 14 days on the market before being sold.
| Metric | 30 Days |
|---|---|
| Number Sold | 9 |
| Sold Per Day | 1 every 3.33 days |
| Average SQFT | 1315 |
| Median Sales Price | $255,000 |
| Average Sales Price | $294,211 |
| Average Price Per SQFT | $226 |
| Average Days on Market | 14 |
| Average Year Built | 1999 |
Buyer & Seller Analysis
- Pace of sales was approximately 1.33 homes per day for the overall market.
- Average days on the market for homes was 14 days.
- Median home price in Norwich is $335,000.
- Data reflects homes sold in the last 30 days.
Conclusion
Overall, the data points to a consistent real estate environment in Norwich, CT with a steady pace of home sales. The average and median prices indicate a range of affordability in the market.