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Foreclosure Homes in Norwalk, IA

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View this home at Fairfax St Norwalk IA 50211
Preforeclosure
VIEW DETAILS
$294,680 EMV
Fairfax St
Norwalk, IA 50211
Single-Family
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3 |
3
|
1,288
EST. RENT: $2,070
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AUCTION: 04-25-2024
Single-Family
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3 |
3
|
1,288
1 View this home at Woodmayr Dr Norwalk IA 50211
Preforeclosure
VIEW DETAILS
$303,176 EMV
Woodmayr Dr
Norwalk, IA 50211
4 |
1
EST. RENT: $2,150
|
AUCTION: 03-28-2024
4 |
1
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Norwalk, IA Foreclosures

How much do homes sell for in Norwalk, IA?
The average home price is currently $325,563.
In Norwalk, IA, how many homes are available?
There are currently 3,800 active home listings available in Norwalk.
What’s the average rental cost in Norwalk, IA?
The average rental price in Norwalk is $1,652.
What is the most expensive home in Norwalk, Iowa?
The most expensive home sold in Norwalk had a price of $10,986,900.
What is currently the cheapest priced home in Norwalk, IA?
The cheapest home for sale in Norwalk is priced at $12,600.

Home Value Estimator For Norwalk, IA

There are currently 3,800 real estate properties in Norwalk, IA, with a median automated valuation model (AVM) price of $279,542.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Norwalk, IA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Norwalk, IA, is $325,563.00, with the most expensive house in Norwalk, IA, topping out at $10,986,900.00 and the cheapest home in Norwalk, IA, clocking in at $12,600.00. In other words, there’s something for every potential homebuyer or savvy investor in Norwalk, IA!


Rent Prices In Norwalk, IA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Norwalk, IA, is on a rollercoaster ride. The average rent price in Norwalk, IA, is $1,652.00. Indeed, when looking to rent in Norwalk, IA, you can expect to pay as little as $680.00 or as much as $2,600.00, with the average rent median estimated to be $1,630.00. The good news is that finding an affordable and desirable property to rent in Norwalk, IA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.


Top Reasons To Live In Norwalk, IA In 2024

Norwalk is located in Warren, Iowa, with an estimated municipal population of 11,938 residents. All of the best foreclosed homes for sale in Norwalk are located in the following zip code areas on Foreclosure.com: 50211 50061. The estimated population per square kilometer (.62 miles) in Norwalk is 398.


Cost Of Living In Norwalk, IA

So, about how much do homes cost in Norwalk? The most recent median value of resident-owned homes in Norwalk is 204,667. An estimated 78.4 percent of households in Norwalk own their homes, with an average family size of 3.09. The median household income in Norwalk is 83,403, with41.1 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 22. 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 834, according to recent statistics.


Diversity And Demographics In Norwalk, Iowa

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 35.6, split between 50.1 percent male versus 49.9 female. The percentage of residents who report being married in Norwalk is 62.3, with an average family size of 3.09.

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

White 96.2%
Black / African American 1%
Asian 0.4%
American Indian / Alaskan Native 0.3%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.6%
Other 0.5%

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 15.4%
Aged 10-19 14.8%
20s 11.5%
30s 16%
40s 13.2%
50s 12.3%
60s 8.1%
70s 5.2%
80+ 3.7%

Best Schools In Norwalk, Iowa

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, Iowa

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, Iowa, In 2024

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.

Norwalk, IA Foreclosures


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