Comprehensive market data and analysis• Updated Dec 2025
44.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 1 | 1 | 13 |
| 1-2 acres | 1 | 1 | 1 | 1 |
| 2-5 acres | - | - | - | 1 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | 1 | 1 |
| 20-50 acres | 1 | 1 | 2 | 2 |
| 50-100 acres | - | - | - | 1 |
| 100+ acres | - | - | - | - |
| TOTAL | 3 | 3 | 5 | 19 |
Acreage buckets
The median price for land in Norwalk, Iowa is currently $356K per acre. For a typical parcel, the median sale price is $85K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $63K while premium lots reached $375K.
Norwalk, Iowa is currently a strong buyer's market with 44.0 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 257.1% year-over-year.
Norwalk, Iowa currently has 44.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
There are currently 88 active listings in Norwalk, Iowa. 14 new listings have hit the market in the last 90 days. The median asking price is $84K.
Over the past 12 months, Norwalk, Iowa saw 27 properties sold, totaling $4.1M in sales volume. In just the last 3 months, 6 properties changed hands.
The median land price in Norwalk, Iowa stands at $85K. This translates to roughly $356K per acre for the typical parcel size. The average price is $153K, indicating some higher-priced properties pulling up the average.
Land in Norwalk, Iowa typically sells within 131 days of listing. The median time on market is 79 days. Properties are moving slowly in the current strong buyer's market.
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.
