Comprehensive market data and analysis• Updated Dec 2025
9.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 3 | 4 |
| 1-2 acres | - | - | - | 2 |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 1 | 3 | 6 |
Acreage buckets
The median price for land in Norwalk, Connecticut is currently $1.5M per acre. For a typical parcel, the median sale price is $377K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $235K while premium lots reached $1.3M.
Norwalk, Connecticut is currently a buyer's market with 9.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Norwalk, Connecticut currently has 9.0 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.
There are currently 3 active listings in Norwalk, Connecticut. 1 new listings have hit the market in the last 90 days. The median asking price is $650K.
The current absorption rate in Norwalk, Connecticut is 11.1% (3-month basis), indicating moderate demand. The top-performing broker in this market is William Raveis Real Estate.
Land in Norwalk, Connecticut typically sells within 90 days of listing. The median time on market is 36 days. Properties are moving at a moderate pace in the current buyer's market.
The median land price in Norwalk, Connecticut stands at $377K. This translates to roughly $1.5M per acre for the typical parcel size. The average price is $629K, indicating some higher-priced properties pulling up the average.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
