The story of this market
The typical home in Norwich, Connecticut sells for about $335,000, or $205 per square foot.
Prices are roughly flat from a year ago (-0.97%), a market in balance. Homes take about 38 days to sell.
Monthly price momentum
Home values since 2015
+5.6%
CT · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Norwich, Connecticut
The Norwich housing market shows signs of stabilization with a median listing price of $335,000 and 203 active listings. While year-over-year price trends remain slightly negative, the market is experiencing a healthy uptick in activity. Data gaps exist regarding specific tax rates and rental market depth, which should be considered when evaluating investment risk.
No ARED county foreclosure postings attributed to Norwich yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Deterministic aggregate of 2 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Median prices moved down 0.2% year over year.
Homes spend a median of 32 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 6.9% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.2% · poverty 16.7% — a stable, low-distress profile.
- Great Wolf Lodge | Mashantucket, CT3.87.2 mi
- Ocean Beach Park4.414.9 mi
- Supercharged Indoor Karting and Axe Throwing4.49.9 mi
- The Dinosaur Place4.49.9 mi
- Nature's Art Village4.59.9 mi
- Mohegan Sun4.52.4 mi
- Foxwoods Resort Casino4.37 mi
- Mohegan Sun Arena4.62.4 mi
- Supercharged Indoor Karting and Axe Throwing4.49.9 mi
- Harry A. Gampel Pavilion4.721.5 mi
- Foxwoods Resort Casino4.37 mi
- Mystic Aquarium4.512.2 mi
- Great Wolf Lodge | Mashantucket, CT3.87.2 mi
- Ocean Beach Park4.414.9 mi
- Harkness Memorial State Park4.815.5 mi
- Mystic Seaport Museum4.612.7 mi
- Gillette Castle State Park4.719.5 mi
- Essex Steam Train & Riverboat4.720.9 mi
- B.F. Clyde's Cider Mill4.610.7 mi
- Mashantucket Pequot Museum & Research Center4.77.1 mi
- Ocean Beach Park4.414.9 mi
- Harkness Memorial State Park4.815.5 mi
- Devil's Hopyard State Park4.714.1 mi
- The Dinosaur Place4.49.9 mi
- Bluff Point State Park4.713.2 mi
- Mystic Downtown Marina4.713.1 mi
- Black Hall Marina4.720.3 mi
- Three Belles Marina4.714.1 mi
- Mystic River Marina4.513.9 mi
- Safe Harbor Essex Island4.619.9 mi
- Foxwoods Resort Casino4.37 mi
- Lake of Isles4.67.1 mi
- River Ridge Golf Course4.26.3 mi
- Shennecossett Golf Course4.113.6 mi
- Mohegan Sun Golf Club4.28.1 mi
- Olde Mistick Village4.612.1 mi
- Tanger Outlets Foxwoods4.46.9 mi
- Burlington4.211 mi
- Nature's Art Village4.59.9 mi
- ShopRite of New London4.110.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
The city features a mean travel time to work of approximately 24 minutes, consistent with regional averages in the Norwich-New London-Willimantic metro area.
The Norwich economy is anchored by a mix of local services and regional employment, with an unemployment rate of 5.2% as of May 2026. The area maintains a lower wage profile compared to the national average, reflecting its position within the broader Southeastern Connecticut economic landscape.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Connecticut) — Municipal Real Property Tax Assessment & Mill Rate Mechanics: Under C.G.S. § 12-62a, all taxable real property is assessed uniformly at a mandatory 70% assessment ratio of its fair market value (FMV). Real property tax is computed annually using the formula: Assessed Value = Fair Market Value × 0.
ACS 2024 5-year estimates. Aggregate published statistics for this city — never individual records, and never an attribute of any individual property or resident.
Data retrieved from Census Reporter and U.S. Census Bureau QuickFacts.