Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Norfolk area can be challenging. Home prices in Norfolk are now at a median cost of $318,116, lower than the Connecticut average of $357,181.
The average cost of rent is $1,219/mo in Norfolk, primarily driven by the current value of real estate in the Norfolk area. While nearly 46.39% of residents own their homes outright in Norfolk, 20.79% rent.
Housing affordability isn’t just about home prices, though. The average household income in Norfolk is $7,115 per month. Households that rent pay about 17.14% of their income on rent here. Norfolk's most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Winchester Center, CT: less expensive homes
- Colebrook, CT: equally priced homes
- East Canaan, CT: less expensive homes
- South Canaan, CT: higher priced homes
- Winsted, CT: less expensive homes
- South Sandisfield, MA: equally priced homes
- Falls Village, CT: higher priced homes
- Canaan, CT: less expensive homes
- Southfield, MA: higher priced homes
- Ashley Falls, MA: equally priced homes
Cities with Similar Populations
- Agency, IA: less expensive homes
- Tuscarawas, OH: less expensive homes
- Wallowa, OR: less expensive homes
- Ward Prairie, TX: less expensive homes
- West Easton, PA: less expensive homes
- Weston, ID: less expensive homes
- Weston, OR: less expensive homes
- Burt, NY: less expensive homes
- Burlingham, NY: less expensive homes
- Buffalo Center, IA: less expensive homes
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