Much like its nearby areas, it is a bit less expensive compared to the rest of the nation. However compared to the city of Des Moines, it's a lot more expensive.
Home prices
The median home in Norwalk is valued at $202,900. This is roughly $5,620 (2%) lower compared to the surrounding areas.It is about $14,600 (6%) lower in comparison to the entire country, and is about $69,700 (52%) higher in comparison to the city of Des Moines.
Rents
In Norwalk the median rent is $834 a month. Compared to nearby areas this is roughly $51 (5%) lower.It is about $228 (21%) lower compared to the nation as a whole, and in comparison to the city of Des Moines is about $21 (2%) lower.
Nearby places
Cumming
Cumming is Norwalk's neighbor to the west. Real estate prices there are substantially more expensive. Cumming's median home cost is $354,700, which comes out to $151,800 (42%) higher than Norwalk. Rents there are somewhat more expensive. In Cumming the median rent is $950 a month, which is $116 (12%) higher than Norwalk.
West Des Moines
West Des Moines is Norwalk's neighbor to the northwest. Its real estate prices are somewhat more expensive. The median home in West Des Moines costs $218,500, which is $15,600 (7%) higher than Norwalk. Rents there are somewhat more expensive. West Des Moines's median monthly rent is $1,017, which comes out to $183 (17%) higher than Norwalk.
Windsor Heights
Windsor Heights is about 7 miles north from Norwalk. Its real estate prices are a little less expensive. Windsor Heights's median home value is $186,700, which is $16,200 (8%) lower than Norwalk. Rents there are somewhat more expensive. The median rent in Windsor Heights is $1,019 per month, which comes out to $185 (18%) higher than Norwalk.
Martensdale
Martensdale is about 7 miles south from Norwalk. Its housing prices are substantially less expensive. The median home in Martensdale is valued at $133,800, which works out to $69,100 (51%) lower than Norwalk. Rents there are somewhat less expensive. The median monthly rent in Martensdale is $658, which is $176 (26%) lower than Norwalk.
Carlisle
Carlisle is roughly 8 miles east from Norwalk. Its housing prices are a lot less expensive. The median home cost in Carlisle is $148,900, which comes out to $54,000 (36%) lower than Norwalk. Rents there are somewhat less expensive. The median monthly rent in Carlisle is $779, which is $55 (7%) lower than Norwalk.
