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These days, finding an affordable place to live in the Norwich area can be challenging. Home prices in Norwich are now at a median cost of $195,637, lower than the Ohio average of $236,816.
The average cost of rent is $838/mo in Norwich, primarily driven by the current value of real estate in the Norwich area. In Norwich, 1.76% of households rent, and 51.60% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Norwich is $7,629 per month. Households that rent pay about 10.98% of their income on rent here. Norwich’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Sundale, OH: equally priced homes
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- Adamsville, OH: less expensive homes
- Cassell, OH: higher priced homes
- Claysville, OH: higher priced homes
- Pleasant Grove, OH: equally priced homes
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Cities with Similar Populations
- Arthurdale, WV: equally priced homes
- Barnet, VT: higher priced homes
- Owyhee, NV: less expensive homes
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- Minneola, KS: less expensive homes
- Mitchell, MS: less expensive homes
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- Mountain Green, UT: higher priced homes
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