Norwalk, CT housing market
Typical home value
$668K
▲ 5.9% 1 yr
Typical rent
$2,730/mo
▲ 2.8% 1 yr
Gross rent yield
4.9%
U.S. 6.3%
5-year home value change
+39%
U.S. +20%
Key takeaways
- 1The typical home in Norwalk is worth $667,722, up 5.9% over the past year and up 39% over five years.
- 2Typical rent is $2,730 a month (+2.8% YoY), a gross rent yield of 4.9% (below the Bridgeport, CT metro's 5.0%).
- 3With 20% down at 7.32%, principal and interest on the typical home is about $3,669/mo, $939 more than typical rent.
- 4Zillow forecasts the Bridgeport, CT metro's home values to change +2.2% over the next 12 months.
Market temperature (Bridgeport, CT metro)
Seller's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 65/100, #14 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Norwalk compares
| Measure | Norwalk | Bridgeport, CT metro | United States |
|---|---|---|---|
| Typical home value | $667,722 | $687,644 | $366,157 |
| Home value, 1-yr change | +5.9% | +6.2% | +1.2% |
| Typical rent | $2,730 | $2,880 | $1,932 |
| Rent, 1-yr change | +2.8% | +2.9% | +2.7% |
| Gross rent yield | 4.9% | 5.0% | 6.3% |
| Price-to-rent ratio | 20.4 | 19.9 | 15.8 |
| Mortgage P&I, typical home | $3,669 | $3,779 | $2,012 |
Run the numbers
Rental property calculator
Cash flow on a typical Norwalk rental, pre-filled.
Rent vs buy in Norwalk
Which costs less over the years you'll stay.
Mortgage calculator
Monthly payment on a $668K home.
Other cities in the Bridgeport, CT metro
Bridgeport, CT
$362K home$2,020 rent
▲ 4.6% 1 yr
Stamford, CT
$718K home$2,971 rent
▲ 7.9% 1 yr
Danbury, CT
$490K home$2,587 rent
▲ 4.6% 1 yr
Greenwich, CT
$2.37M home$5,928 rent
▲ 14.0% 1 yr
Fairfield, CT
$995K home$3,430 rent
▲ 9.1% 1 yr
Stratford, CT
$465K home$2,408 rent
▲ 5.0% 1 yr
Shelton, CT
$562K home$2,476 rent
▲ 4.8% 1 yr
Trumbull, CT
$675K home$3,102 rent
▲ 5.0% 1 yr
City figures are Zillow's typical home value (ZHVI) and observed rent (ZORI). Gross yield is before expenses. Data refreshed Oct 26, 2026.