Housing & Real Estate — Norwalk, Iowa

Overview

Total Housing Units5,541
Occupied5,288
Vacant253
Owner-Occupied4,477
Renter-Occupied811
Median Home Value (Census)$303,100
Estimated 2026~$378,000
Median Rent$869/mo
Median Property Tax$4,924/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilityaffordable
Rent as % of Income10.2%
Severely Rent-Burdened31.8%

Housing Age

Built 2010 or later1,924
Built 2000-20091,177
Built 1990-1999459
Built before 1960591
Median Year Built1999
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.