Much like its surrounding areas, it's substantially less expensive compared to the entire nation. However it is a little less expensive compared to the city of Columbus.
Home prices
The value of the median home in Norwalk is $126,300. Compared to nearby areas this is roughly $6,500 (4%) lower.It is approximately $91,200 (41%) lower in comparison to the nation as a whole, and it is approximately $25,300 (16%) lower compared to the city of Columbus.
Rents
In Norwalk the median monthly rent is $675. In comparison to nearby areas it is about $114 (14%) lower.It is roughly $387 (36%) lower compared to the entire nation, and it is roughly $286 (29%) lower in comparison to the city of Columbus.
Nearby places
Milan
Milan is about 2 miles north of Norwalk. The real estate prices there are a little more expensive. The median home in Milan costs $143,400, which comes out to $17,100 (11%) higher than Norwalk. Its rents are a little more expensive. Milan's median monthly rent is $772, which works out to $97 (12%) higher than Norwalk.
Monroeville
Monroeville is roughly 4 miles west of Norwalk. Housing prices there are somewhat less expensive. The median home in Monroeville is valued at $100,600, which is $25,700 (25%) lower than Norwalk. Rent there is a bit more expensive. In Monroeville the median rent is $806 a month, which is $131 (16%) higher than Norwalk.
Berlin Heights
Berlin Heights is approximately 7 miles northeast from Norwalk. Real estate prices there are a bit more expensive. The median home in Berlin Heights costs $139,500, which is $13,200 (9%) higher than Norwalk. The rent there is a bit more expensive. In Berlin Heights the median monthly rent is $850, which is $175 (20%) higher than Norwalk.
Wakeman
Wakeman is approximately 9 miles east of Norwalk. The real estate prices there are pretty similar. The price of the median home in Wakeman is $126,000, which is very similar to Norwalk. Rent there is fairly similar. Wakeman's median rent is $676 per month, which is very similar to Norwalk.
Huron
Huron is about 9 miles north from Norwalk. Real estate prices there are a little more expensive. The median home cost in Huron is $154,500, which works out to $28,200 (18%) higher than Norwalk. The rent there is a little more expensive. The median rent in Huron is $839 per month, which is $164 (19%) higher than Norwalk.
