Norwich, CT Home Values & Market Trends

Real estate market trends reflect that there have been 515 transactions over the past year in Norwich. The median value for residential home transactions that occurred over the previous year is $324,526. The number of current listings in Norwich is 555, and the percentage of properties for sale in the city is 555.00%. Norwich, CT currently has 3 properties in foreclosure, 1 bank owned properties, 2 properties headed for auction, and 555 properties for sale.

Norwich, CT Real Estate Market Overview

ZipMedian Est. Value
06360

$ 324,526

$ 221/sqft

Housing Market Summary for Norwich, CT

Oct 2025October 2026Change
Median Listing Price$263.4K$290K10.08%
Median Sold Price$273.8K$286.1K4.51%
Homes For Sale264554109.85%
Homes Sold116110-5.17%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Norwich, CT

Norwich home values range from $36,092 to $2,900,000. The median estimated value of a home in Norwich is $324,526. The median list price of a home is 290,000, and the total count of properties in the city is 670.

Foreclosure
There is 1 zips within Norwich, CT; within this zips, the median estimated home value for homes in foreclosure ranges from $310,035 in 06360 to the lowest value of $205,900 in 06360. Foreclosure homes account for 0.00% of properties in Norwich, CT with 06360 containing 3 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Norwich, CT with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Norwich, CT; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Norwich, CT ranges from the highest value of $205,900 in 06360 to the lowest value of $205,900 in 06360. Bank owned homes and properties account for 0.15% of properties in Norwich, CT. There is 1 zips within Norwich, CT; 06360 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    06360 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Norwich, CT. Auction homes and other auction properties account for 0.30% of all properties in Norwich, CT. There is 1 zips within Norwich, CT; of that zips, the median estimated home value for homes going to auction ranges from $310,035 in 06360 to the lowest value of $310,035 in 06360.
Homes for Sale
Homes and properties that are actively listed for sale account for 82.84% of residential properties in Norwich, CT with 06360 containing 555 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Norwich, CT; homes for sale in that zips, have a range of median values from $2,900,000 in 06360 to the lowest value of $36,092 in 06360.
    Sold Homes
    The median value for recently sold homes ranges from $1,036,308 in 06360 to the lowest price of $139,264 in 06360. There is 1 zips within Norwich, CT. 06360 has 109 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 16.27% of properties in Norwich, CT.

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      Guide for Norwich, CT

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.