Norwich, CT metro area Housing Market
Warm MarketComprehensive housing market data for the Norwich, CT metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.
Data period: January 2026
Median Sale Price
$361K
↑ 6.1% YoY
Days on Market
42 days
↓ 6.7% YoY
Active Inventory
381
↓ 21.9% YoY
Homes Sold
190
↓ 7.3% YoY
Warm Market
The market is active with moderate buyer demand.
Norwich, CT metro area Market Summary
The Norwich, CT metro area housing market is heating up. As of January 2026, the median home sale price is $361K, up 6.1% year-over-year. Homes are spending a median of 42 days on the market, 6.7% shorter than a year ago.
There are 381 homes for sale — 21.9% fewer than last year. With 2.0 months of supply, this is a seller's market. 203 new listings were added during this period, down 1.5% year-over-year.
Homes are selling for 100.1% of their list price on average, indicating buyers are paying above asking. 40.0% of homes sell above their asking price. 15.5% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
57
Contributing Factors
How This Market Compares
vs. National Median
vs. Connecticut Median
Investor Takeaway
This market shows balanced conditions. Evaluate individual deals carefully using rent-to-price ratios and local comps.
Norwich, CT metro area Market Trends
Median Sale Price
Median Days on Market
Active Inventory
Homes Sold
Price per Square Foot
Sale-to-List Ratio
New Listings
Listings with Price Drops
Detailed Market Metrics
Median List Price
$370K
Price per Sq Ft
$232
Sale-to-List Ratio
100.1%
Months of Supply
2.0
Sold Above List
40.0%
Price Drops
15.5%
New Listings
203
↓ 1.5% YoY
Pending Sales
197
Off Market in 2 Weeks
46.2%
Other Markets in Connecticut
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Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.