Norwalk, IA Real Estate
According to census data in the year 2000 there were 2,435 housing units in Norwalk.
This represents a 26.8% growth from 1,921 in 1990.
Of those housing units, 2,185 were located in either urbanized areas or urban clusters, and 250 were located in what is classified as a rural area.
Homeownership rate in Norwalk is about 83.2%.
Norwalk's vacancy rate, including seasonal lodging, is about 1.5%.
Average household size is 2.85 people.
The majority of houses, apartments or condos in Norwalk were built after 1977.
|Housing Units by Size|
|Five Bedrooms or more||2.90%|
Owned Homes, Apartments and Condos
|Average Household Size||3.07|
|Median year structure was built||1977|
|Median Value of occupied units||$103,500|
|Median Price asked for vacant units||$95,000|
Rented Homes, Apartments and Condos
|Average Household Size||1.76|
|Median year structure was built||1980|
|Median Monthly Rent asked for vacant units||$475|
Owners Finance Status
|Second Mortgage & Equity Loan||0.80%|
|Home Equity Loan||10.50%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||18.5%|