Norwalk Real Estate Market Trends
Market Overview for Quarter 3, 2024
Median Sale Price
7.3% YoY
Median Price/Sqft
11.7% YoY
No. of Transactions
18.5% YoY
County Median Sale Price
5.9% YoY
In Q3, the median home sale price in Norwalk was $735K, up 7.3% year-over-year. Sales activity was also on the rise, with a total of 141 sales closed, representing a year-over-year increase of 18.5%. At the same time, the median price per square foot in Q3 was $612, representing a change of 11.7% year-over-year. The median sale price for Los Angeles County homes was $875K.
Sales information for last quarter cannot be displayed due to insufficient recorded transactions. The available data does not meet the minimum threshold required for reliable and accurate data representation.
Top Cities in Los Angeles County
| Ranking | City | Median Sale Price |
|---|---|---|
| 1 | Malibu | $3,875,000 |
| 2 | San Marino | $2,800,000 |
| 3 | Manhattan Beach | $2,723,750 |
| 4 | Palos Verdes Estates | $2,620,000 |
| 5 | Beverly Hills | $2,565,000 |
| 6 | Hermosa Beach | $2,250,000 |
| 7 | Rolling Hills Estates | $1,817,500 |
| 8 | Calabasas | $1,728,000 |
| 9 | Rancho Palos Verdes | $1,726,750 |
| 10 | El Segundo | $1,725,750 |
| 11 | South Pasadena | $1,601,750 |
| 12 | Santa Monica | $1,550,000 |
| 13 | Arcadia | $1,520,000 |
| 14 | Redondo Beach | $1,370,000 |
| 15 | Sierra Madre | $1,360,000 |
| 16 | Culver City | $1,200,000 |
| 17 | Torrance | $1,200,000 |
| 18 | Burbank | $1,157,500 |
| 19 | Glendale | $1,145,000 |
| 20 | Walnut | $1,142,500 |
| 21 | Pasadena | $1,110,000 |
| 22 | Temple City | $1,101,000 |
| 23 | Cerritos | $1,100,000 |
| 24 | Claremont | $1,036,500 |
| 25 | LA Verne | $1,015,000 |
| 26 | Agoura Hills | $1,012,000 |
| 27 | San Gabriel | $1,000,000 |
| 28 | Los Angeles | $999,000 |
| 29 | West Hollywood | $965,000 |
| 30 | Monrovia | $940,000 |
| 31 | Diamond Bar | $930,000 |
| 32 | Monterey Park | $905,000 |
| 33 | Rosemead | $894,000 |
| 34 | Montebello | $889,500 |
| 35 | Hawthorne | $886,000 |
| 36 | Alhambra | $881,000 |
| 37 | San Dimas | $849,000 |
| 38 | Glendora | $847,500 |
| 39 | Lakewood | $845,000 |
| 40 | Whittier | $842,500 |
| 41 | Downey | $842,250 |
| 42 | LA Mirada | $840,000 |
| 43 | West Covina | $803,000 |
| 44 | Lomita | $800,000 |
| 45 | Santa Clarita | $800,000 |
| 46 | Long Beach | $792,500 |
| 47 | Gardena | $780,000 |
| 48 | Covina | $765,000 |
| 49 | Carson | $755,500 |
| 50 | Norwalk | $735,000 |
| 51 | Duarte | $733,500 |
| 52 | Santa Fe Springs | $720,000 |
| 53 | Pico Rivera | $720,000 |
| 54 | Bellflower | $717,500 |
| 55 | Inglewood | $705,000 |
| 56 | El Monte | $700,000 |
| 57 | LA Puente | $700,000 |
| 58 | Azusa | $679,000 |
| 59 | Pomona | $668,500 |
| 60 | Baldwin Park | $660,000 |
| 61 | South Gate | $638,500 |
| 62 | Lynwood | $622,750 |
| 63 | Compton | $600,000 |
| 64 | Paramount | $550,000 |
| 65 | Palmdale | $509,000 |
| 66 | Lancaster | $470,000 |
Residential Property Types Sold in Norwalk
| Property Type | Median Sale Price | Y-o-Y Change | Median Sale Price/Sq. Ft | Y-o-Y Change | Transactions |
|---|---|---|---|---|---|
| Condo | $500K | -16.9% | $573 | 26.5% | 9 |
| House | $745K | 7.2% | $615 | 9.8% | 132 |
The median sale price for houses in Norwalk in Q3 was $745K, up 7.2% year-over-year (Y-o-Y). By contrast, the median sale price for condos in Norwalk was trending down at -16.9% year-over-year, closing Q3 at $500K.
Discover market trends in other cities in Los Angeles County
Discover market trends in other popular cities across the U.S
Fair use and redistribution
We encourage and freely grant you permission to reuse and repost the information, charts and images found in this report. When doing so, we only ask that you link back to this page, or PropertyShark.com.
Disclaimer
PropertyShark.com provides commercial market trend information (Data) on an "as is" basis for the user's personal use. Data comes from publicly available sources which can be out of date. PropertyShark.com provides no warranties regarding title, merchantability, or fitness for a particular purpose. While reasonable efforts are made toward maintaining a high standard of quality of information, PropertyShark.com does not warrant the accuracy, completeness, timeliness or other characteristics of the Data.