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Cheap Homes in Norwalk, CT

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32 Banks-rd-Easton-CT-06612
Rent to Own
$18,000 List Price

4 Bed | 5 Bath | 1,820 Sq. Ft.

Kingsbury-rd-#-6-Bridgeport-CT-06610
Preforeclosure
$51,255 EMV

1 Bed | 1 Bath | 544 Sq. Ft.

40 Pequot-ln-New-canaan-CT-06840
Rent to Own
$34,000 List Price

6 Bed | 8 Bath | 9,385 Sq. Ft.

Displaying 1 - 3 of 3
 

Foreclosure Homes in Norwalk, CT

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Norwalk, CT area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Norwalk, CT and much more. Save thousands at closing with home foreclosure listings in Norwalk, CT — up to 75% off market value!


Top Reasons To Live In Norwalk, CT In 2023

Norwalk is located in Fairfield, Connecticut, with an estimated municipal population of 88,816 residents. All of the best foreclosed homes for sale in Norwalk are located in the following zip code areas on Foreclosure.com: 06854 06855 06856 06850 06851 06853 06852 06857 06858. The estimated population per square kilometer (.62 miles) in Norwalk is 1,498.


Cost Of Living In Norwalk, CT

So, about how much do homes cost in Norwalk? The most recent median value of resident-owned homes in Norwalk is 434,949. An estimated 58.1 percent of households in Norwalk own their homes, with an average family size of 3.22. The median household income in Norwalk is 85,769, with42.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Norwalk, the median commute time of resident workers (in minutes) is 28. And last, but certainly not least, are you looking for homes to rent in Norwalk? If so, the average rent price paid by renters in Norwalk is 1,685, according to recent statistics.


Diversity And Demographics In Norwalk, Connecticut

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Norwalk, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Norwalk is 40.4, split between 48.2 percent male versus 51.8 female. The percentage of residents who report being married in Norwalk is 48.9, with an average family size of 3.22.

The percentage of residents who report their race in Norwalk is as follows:

White 72.4%
Black / African American 14.7%
Asian 5.5%
American Indian / Alaskan Native 0.4%
Native Hawaiian / Other Pacifc Islander 0.1%
Multi-racial 3%
Other 3.9%

Looking for family-friendly neighborhoods in and/or near Norwalk? Or maybe you are searching for 55+ active adult communities in and/or near Norwalk?

The percentage of residents who report their age in Norwalk is as follows:

Under 10 11.1%
Aged 10-19 11.3%
20s 12.3%
30s 14.8%
40s 13.5%
50s 15.4%
60s 11.5%
70s 6.2%
80+ 4%

Best Schools In Norwalk, Connecticut

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Norwalk with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Norwalk.


Pros And Cons Of Living In Norwalk, Connecticut

How do you know that living in -- or moving to -- Norwalk is right where you need to be? Perhaps you grew up in Norwalk or already live nearby; therefore, the decision to buy a home in Norwalk is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Norwalk for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Norwalk:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Norwalk.


Reasons To Move To Norwalk, Connecticut, In 2023

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Norwalk can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Norwalk, meanwhile, can field multiple offers from more qualified buyers.

Cheap Homes in Norwalk, CT


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