Norwich - CT housing market

The typical home value ($434,944) is the Zillow Home Value Index for the Norwich - CT metro area: a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are up 6.6% over the past year. In Norwich - CT, that means a home worth $408,015 last year is now worth roughly $434,944.

The median sale price, what homes actually close for, is $397,738. Homes are selling at 102.1% of list price, meaning buyers are typically paying at or above asking.

Homes listed in Norwich - CT sit on the market for roughly 8 days before going pending. Shorter = seller's market; longer = buyer's market.

About 18.3% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 354 new listings hit the market each month in Norwich - CT. There are currently 704 homes for sale, up 8.5% from a year ago.

The typical monthly rent in Norwich - CT is $1,988, up 4.7% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 18.2x, toss-up (#75 of 195 metros). The mortgage on a typical home here, 20% down at today's 6.66% 30-year rate, runs about $2,236 a month in principal and interest, $248 more than renting before taxes, insurance and upkeep. The two break even at a 5.56% rate.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

Data: Zillow Research (ZHVI and market indicators), refreshed monthly at the source. This page was rebuilt September 2026. Methodology →