The housing market in 90650 Norwalk, CA is booming. The median value of the homes in this area is $663,300, which is significantly higher than the US median value of $338,100. What's more, the 1 year house appreciation rate for 90650 Norwalk, CA is 9.16%, which is higher than the national average of 8.27%. This indicates that home values are rising steadily in this area and that it could be a great place to invest in real estate right now.
The median home cost in Norwalk (zip 90650) is $663,300. Home appreciation the last 10 years has been 124.3%. Home Appreciation in Norwalk (zip 90650) is up 12.8%.
Average Age of Homes
- The median age of Norwalk (zip 90650) real estate is 60 years old
The Rental Market in Norwalk (zip 90650)
- Renters make up 33.3% of the Norwalk (zip 90650) population
- 1.1% of houses and apartments in Norwalk (zip 90650), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.