Markets/Ohio/Norwalk

Norwalk, OH Real Estate Market 2026

Investor-grade market analytics for Norwalk, Ohio. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Updated monthly.

Median Home Price

$200,654

+6.1% year-over-year

Est. Rental Yield

7.5%

gross annual

12-Month Forecast

-5.9%

base case (Zillow ZHVF)

-5.9% year-over-year

Market Momentum

๐ŸŒค๏ธ
Warm
2.4mo supply ยท Score +2/7

Migration: Top 79% nationally

Income Migration

โžก๏ธ Neutral1.06x

In-migrants avg $45,712 AGI vs out-migrants $42,989

Norwalk Market Summary

Norwalk, OH is experiencing strong growth with 6.1% year-over-year appreciation, indicating a seller's market with robust demand. Affordability remains favorable with a price-to-income ratio of 3.04x, below the national average of 4.8x. Climate risk remains low (25/100), favorable for long-term investment stability. Rental yield of 7.52% is strong, making this market attractive for buy-and-hold investors.

Affordability

Affordability Score99/100
Price-to-Income Ratio3.0x (national avg 4.8x)
Median Household Income$65,972

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case-8.8%
Base Case-5.9%
Bull Case-2.9%

Climate & Natural Hazard Risk

Norwalk, OH's primary climate exposure is tornadoes (50/100). The composite climate risk score of 25/100 (Low) indicates overall risk reflecting favorable conditions for long-term real estate investment. This market benefits from relatively low natural hazard exposure compared to coastal and wildfire-prone regions.

Source: FEMA National Risk Index

Get the full Norwalk dataset

Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.