Norwalk Mortgage Rates & Closing Costs

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    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Norwalk averaged 6.79% for the week of 2025-04-03, compared to the national average of 6.64% for the same period.

    The average rate for the prior week (2025-03-27) was 7% and one month ago for the week of 2025-02-27, the average rate was 6.81%.

    Norwalk's average rate one year ago was 6.84%.

    For refis of the same type during the week of 2025-04-03, the average rate was 6.94%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2025-04-03 6.64%
    Norwalk 30 Year Fixed Rate 2025-04-03 6.79%
    Norwalk 30 Year Fixed Rate Refi 2025-04-03 6.94%
    Norwalk 15 Year Fixed Rate 2025-04-03 5.92%
    Norwalk 15 Year Fixed Rate Refi 2025-04-03 6.12%
    Norwalk 30 Year FHA 2025-04-03 6.54%
    Norwalk 30 Year FHA Refi 2025-04-03 6.06%
    Norwalk 30 Year USDA 2025-04-03 6.52%
    Norwalk 30 Year USDA Refi 2025-04-03 6.32%
    Norwalk 30 Year VA 2025-04-03 6.16%
    Norwalk 30 Year VA Refi 2025-04-03 5.96%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Norwalk, OH.

    Norwalk Top Lenders by Rates & Fees

    The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the Norwalk, OH market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    UNION HOME MORTGAGE CORP. 50 6.95% $7,141
    QUICKEN LOANS, LLC 49 6.84% $6,043
    KeyBank 25 6.53% $4,094
    Civista Bank 24 6.54% $3,653
    CROSSCOUNTRY MORTGAGE, LLC 17 7.02% $6,878
    The Huntington National Bank 10 7.03% $4,102
    First Federal Bank of the Midwest 10 6.28% $3,875
    UNITED WHOLESALE MORTGAGE, LLC 10 7.03% $6,954
    LOANDEPOT.COM, LLC 9 6.87% $4,544
    PNC Bank 8 6.91% $3,667
    YOUR HOME FINANCIAL LLC 8 6.81% $5,214
    Directions Credit Union, Inc. 7 6.54% $2,085
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 7 6.69% $5,275
    Fifth Third Bank 6 6.83% $4,051
    Mechanics Bank 4 6.12% $2,976
    MICHIGAN MUTUAL, INC. 4 7.65% $4,564
    RELIANCE FIRST CAPITAL, LLC 3 7.16% $4,372
    The Park National Bank 3 7.16% $3,439
    ZILLOW HOME LOANS, LLC 3 6.38% $5,541
    HOWARD HANNA FINANCIAL SERVICES, INC. 3 6.54% $4,065
    JPMorgan Chase Bank 3 7.37% $5,022
    NAVY FEDERAL CREDIT UNION 3 6.33% $4,161
    The Genoa Banking Company 2 6.19% $3,563
    Mr. Cooper ( Nationstar Mortgage ) 2 6.75% $7,866
    First Federal Savings and Loan Association of Lorain 2 7.56% $4,108
    Dollar Bank, Federal Savings Bank 2 6.88% $4,716
    First Federal Savings and Loan Association of Lakewood 2 7.30% $3,300
    Third Federal Savings and Loan Association of Cleveland 2 7.24% $148
    BROKER SOLUTIONS, INC. 2 6.94% $4,846
    UNION CAPITAL MORTGAGE CORPORATION 2 6.94% $4,886
    USAA Federal Savings Bank 1 7.63% $14,376
    U.S. Bank 1 6.88% $3,024
    VANDERBILT MORTGAGE AND FINANCE, INC. 1 7.99% $5,214
    Wells Fargo Bank 1 5.50% $4,890
    NP, Inc. 1 9.62% $170
    AmeriHome Mortgage Company, LLC 1 7.50% $6,046
    BAYSHORE MORTGAGE FUNDING, LLC 1 7.38% $4,664
    Capital Bank 1 7.25% $6,466
    Citizens Bank 1 5.88% $3,658
    Discover Bank 1 7.81% $0
    EQUITY RESOURCES, INC. 1 6.38% $3,562
    Farm Credit Mid-America, ACA 1 7.13% $6,698
    FIRST COLONY MORTGAGE CORPORATION 1 6.00% $7,701
    FIRST COMMUNITY MORTGAGE, INC. 1 6.75% $2,022
    First Financial Bank 1 7.13% $4,885
    First National Bank of Pennsylvania 1 5.88% $2,974
    GUARANTEED RATE, INC. 1 7.10% $3,547
    GUILD MORTGAGE COMPANY 1 7.50% $4,050
    HOMESIDE FINANCIAL, LLC 1 7.13% $2,274
    KEMBA FINANCIAL 1 8.38% $4,580
    LIBERTY HOME MORTGAGE CORPORATION 1 7.63% $7,401
    MID AMERICA MORTGAGE, INC. 1 7.63% $3,053
    Mortgage Research Center, LLC 1 7.13% $4,806
    NATIONS DIRECT MORTGAGE, LLC 1 7.50% $2,008
    NEWREZ LLC 1 5.99% $3,072
    NFM, INC. 1 7.00% $9,073
    AMERICAN PACIFIC MORTGAGE CORPORATION 1 7.38% $6,126
    ROYAL UNITED MORTGAGE LLC 1 6.88% $7,289
    S&T Bank 1 7.00% $3,347
    T2 FINANCIAL LLC 1 6.63% $5,117
    The Farmers National Bank of Canfield 1 7.00% $4,142
    The Federal Savings Bank 1 6.63% $2,174
    TJC Mortgage, Inc. 1 7.38% $8,784
    TLC COMMUNITY Credit Union 1 6.00% $3,160

    Norwalk Average Closing Costs & Other Stats

    Norwalk, OH's 64 lenders originated 957 loans during 2024. The total origination value was $152,575,000, with an average loan value of $159,431.

    Norwalk's average closing costs are $4,784.

    The top Norwalk lender as defined by loan originations is UNION HOME MORTGAGE CORP., with 50 loans originated. Their average total fees are $7,141, which is $1,098 higher than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Norwalk lenders (with over 10 loans originated) are Civista Bank ($3,653), First Federal Bank of the Midwest ($3,875), KeyBank ($4,094), The Huntington National Bank ($4,102) and QUICKEN LOANS, LLC ($6,043).

    The lowest rate Norwalk lenders (with over 10 loans originated) are First Federal Bank of the Midwest (6.28%), KeyBank (6.53%), Civista Bank (6.54%), QUICKEN LOANS, LLC (6.84%) and UNION HOME MORTGAGE CORP. (6.95%).

    Norwalk, OH Mortgage Market Share & Volume

    Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

    Name 2023 Loan Value 2024 Loan Value % Change 2024 Market Share
    UNION HOME MORTGAGE CORP. $11,020,000 $17,945,000 62.8% 11.8%
    QUICKEN LOANS, LLC $11,220,000 $14,625,000 30.3% 9.6%
    Civista Bank $6,930,000 $8,540,000 23.2% 5.6%
    Merchants Capital Corp. $7,535,000 n/a 4.9%
    CROSSCOUNTRY MORTGAGE, LLC $7,700,000 $7,110,000 -7.7% 4.7%
    First Federal Bank of the Midwest $6,925,000 $6,990,000 0.9% 4.6%
    The Huntington National Bank $5,245,000 $5,925,000 13.0% 3.9%
    KeyBank $6,710,000 $5,150,000 -23.2% 3.4%
    Mortgage Research Center, LLC $2,055,000 $5,010,000 143.8% 3.3%
    UNITED WHOLESALE MORTGAGE, LLC $2,195,000 $4,475,000 103.9% 2.9%
    YOUR HOME FINANCIAL LLC $1,720,000 $4,405,000 156.1% 2.9%
    PNC Bank $5,950,000 $4,065,000 -31.7% 2.7%
    LOANDEPOT.COM, LLC $1,250,000 $3,725,000 198.0% 2.4%
    AG Credit, Agricultural Credit Association $2,220,000 $2,535,000 14.2% 1.7%
    The Croghan Colonial Bank $1,500,000 $2,305,000 53.7% 1.5%
    NAVY FEDERAL CREDIT UNION $845,000 $2,180,000 158.0% 1.4%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $2,405,000 $2,025,000 -15.8% 1.3%
    Mechanics Bank $1,325,000 $1,880,000 41.9% 1.2%
    Sutton Bank $825,000 $1,590,000 92.7% 1.0%
    Fifth Third Bank $1,145,000 $1,520,000 32.8% 1.0%
    NEWREZ LLC $390,000 $1,415,000 262.8% 0.9%
    First Federal Savings and Loan Association of Lorain $1,090,000 $1,200,000 10.1% 0.8%
    Mr. Cooper ( Nationstar Mortgage ) $75,000 $1,195,000 1,493.3% 0.8%
    Directions Credit Union, Inc. $990,000 $980,000 -1.0% 0.6%
    Farm Credit Mid-America, ACA $1,450,000 $960,000 -33.8% 0.6%
    The Farmers Savings Bank $25,000 $960,000 3,740.0% 0.6%
    PLAZA HOME MORTGAGE, INC. $1,315,000 $910,000 -30.8% 0.6%
    PLANET HOME LENDING, LLC $870,000 n/a 0.6%
    JPMorgan Chase Bank $835,000 n/a 0.5%
    PENNYMAC LOAN SERVICES, LLC $440,000 $830,000 88.6% 0.5%
    FREEDOM MORTGAGE CORPORATION $825,000 n/a 0.5%
    RELIANCE FIRST CAPITAL, LLC $625,000 $825,000 32.0% 0.5%
    The Federal Savings Bank $145,000 $795,000 448.3% 0.5%
    HOMESIDE FINANCIAL, LLC $465,000 $780,000 67.7% 0.5%
    MICHIGAN MUTUAL, INC. $205,000 $720,000 251.2% 0.5%
    Third Federal Savings and Loan Association of Cleveland $485,000 $660,000 36.1% 0.4%
    Wayne Savings Community Bank $45,000 $650,000 1,344.4% 0.4%
    VILLAGE CAPITAL MORTGAGE $610,000 $640,000 4.9% 0.4%
    NEW DAY FINANCIAL, LLC $615,000 n/a 0.4%
    HOWARD HANNA FINANCIAL SERVICES, INC. $425,000 $610,000 43.5% 0.4%
    BROKER SOLUTIONS, INC. $735,000 $605,000 -17.7% 0.4%
    LIBERTY HOME MORTGAGE CORPORATION $360,000 $605,000 68.1% 0.4%
    Dollar Bank, Federal Savings Bank $1,055,000 $595,000 -43.6% 0.4%
    The Park National Bank $990,000 $590,000 -40.4% 0.4%
    LIMA ONE CAPITAL, LLC $580,000 n/a 0.4%
    UNION CAPITAL MORTGAGE CORPORATION $900,000 $565,000 -37.2% 0.4%
    LENDINGHOME FUNDING CORPORATION $95,000 $560,000 489.5% 0.4%
    LAKEVIEW LOAN SERVICING, LLC $135,000 $550,000 307.4% 0.4%
    First Federal Community Bank of Bucyrus $315,000 $545,000 73.0% 0.4%
    GUARANTEED RATE, INC. $315,000 $545,000 73.0% 0.4%
    AMERICAN PACIFIC MORTGAGE CORPORATION $515,000 n/a 0.3%
    GUILD MORTGAGE COMPANY $85,000 $500,000 488.2% 0.3%
    ZILLOW HOME LOANS, LLC $625,000 $495,000 -20.8% 0.3%
    AMERISAVE MORTGAGE CORPORATION $390,000 $485,000 24.4% 0.3%
    The Farmers National Bank of Canfield $465,000 n/a 0.3%
    MUTUAL OF OMAHA MORTGAGE, INC. $1,000,000 $440,000 -56.0% 0.3%
    21ST MORTGAGE CORPORATION $415,000 n/a 0.3%
    AMERICAN FINANCIAL NETWORK, INC. $145,000 $410,000 182.8% 0.3%
    First Financial Bank $405,000 n/a 0.3%
    The Genoa Banking Company $250,000 $400,000 60.0% 0.3%
    KEMBA FINANCIAL $395,000 n/a 0.3%
    USAA Federal Savings Bank $225,000 $395,000 75.6% 0.3%
    1ST SIGNATURE LENDING, LLC $465,000 $385,000 -17.2% 0.3%
    FIRST COLONY MORTGAGE CORPORATION $385,000 n/a 0.3%
    VANDERBILT MORTGAGE AND FINANCE, INC. $375,000 n/a 0.2%
    NBKC BANK $355,000 n/a 0.2%
    University Bank $345,000 n/a 0.2%
    First Federal Savings and Loan Association of Lakewood $1,210,000 $340,000 -71.9% 0.2%
    Figure Lending LLC $50,000 $335,000 570.0% 0.2%
    Nations Lending Corporation $495,000 $330,000 -33.3% 0.2%
    ABSOLUTE HOME MORTGAGE CORPORATION $320,000 n/a 0.2%
    FIRST COMMUNITY MORTGAGE, INC. $275,000 $310,000 12.7% 0.2%
    CLEARPATH LENDING $295,000 n/a 0.2%
    MID AMERICA MORTGAGE, INC. $165,000 $290,000 75.8% 0.2%
    Discover Bank $355,000 $285,000 -19.7% 0.2%
    NATIONS DIRECT MORTGAGE, LLC $195,000 $285,000 46.2% 0.2%
    U.S. Bank $265,000 $285,000 7.5% 0.2%
    AmeriHome Mortgage Company, LLC $275,000 n/a 0.2%
    RUOFF MORTGAGE COMPANY, INC. $1,045,000 $275,000 -73.7% 0.2%
    First National Bank of Bellevue $1,245,000 $270,000 -78.3% 0.2%
    NFM, INC. $635,000 $265,000 -58.3% 0.2%
    T2 FINANCIAL LLC $245,000 n/a 0.2%
    Capital Bank $235,000 n/a 0.2%
    Northwest Bank $650,000 $235,000 -63.8% 0.2%
    Equity Prime Mortgage LLC $225,000 n/a 0.1%
    CHURCHILL MORTGAGE CORPORATION $215,000 n/a 0.1%
    S1L, Inc. $215,000 n/a 0.1%
    Union Savings Bank $215,000 n/a 0.1%
    Citizens Bank $515,000 $205,000 -60.2% 0.1%
    First Federal Bank of Ohio $470,000 $205,000 -56.4% 0.1%
    MILEND, INC. $205,000 n/a 0.1%
    ROYAL UNITED MORTGAGE LLC $355,000 $205,000 -42.3% 0.1%
    TJC Mortgage, Inc. $195,000 n/a 0.1%
    V.I.P. MORTGAGE, INC. $215,000 $195,000 -9.3% 0.1%
    EQUITY RESOURCES, INC. $145,000 $175,000 20.7% 0.1%
    Waterstone Mortgage Corporation $175,000 n/a 0.1%
    Coastal Community Bank $130,000 $170,000 30.8% 0.1%
    Peoples Bank $155,000 n/a 0.1%
    S&T Bank $625,000 $155,000 -75.2% 0.1%
    Carrington Mortgage Services, LLC $425,000 $150,000 -64.7% 0.1%
    Hometown Equity Mortgage, LLC $145,000 n/a 0.1%
    Ixonia Bank $145,000 n/a 0.1%
    NP, Inc. $145,000 n/a 0.1%
    Ameris Bank $155,000 $135,000 -12.9% 0.1%
    Barrington Bank & Trust Company, N.A. $135,000 n/a 0.1%
    SUN Federal Credit Union $135,000 n/a 0.1%
    The Old Fort Banking Company $160,000 $135,000 -15.6% 0.1%
    TLC COMMUNITY Credit Union $135,000 n/a 0.1%
    First National Bank of Pennsylvania $165,000 $125,000 -24.2% 0.1%
    PHH Mortgage Corporation $125,000 n/a 0.1%
    FINANCE OF AMERICA REVERSE LLC $120,000 n/a 0.1%
    SOUTHWEST STAGE FUNDING, LLC $105,000 $115,000 9.5% 0.1%
    BAYSHORE MORTGAGE FUNDING, LLC $105,000 n/a 0.1%
    LOANPAL, LLC $105,000 n/a 0.1%
    Wells Fargo Bank $440,000 $105,000 -76.1% 0.1%
    The Loan Store, Inc. $95,000 n/a 0.1%
    SECURITYNATIONAL MORTGAGE COMPANY $75,000 n/a 0.0%
    HOMEBRIDGE FINANCIAL SERVICES, INC. $75,000 $35,000 -53.3% 0.0%
    Park Lane Finance Solutions, LLC $35,000 n/a 0.0%

    Norwalk's top lender by overall market share is UNION HOME MORTGAGE CORP., with 11.8% market share. In second place, with 9.6%, is QUICKEN LOANS, LLC, having originated $14,625,000 in loans. In third place, with 5.6%, is Civista Bank, having originated $8,540,000 in loans. In fourth place, with 4.9%, is Merchants Capital Corp., having originated $7,535,000 in loans. In fifth place, with 4.7%, is CROSSCOUNTRY MORTGAGE, LLC, having originated $7,110,000 in loans.

    Norwalk Housing Market Trends (Median, Average Prices & Listing Count)

    Realtor.com - Norwalk (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
    2018-01-01 $124,900 (16.3%) $162,044 (18.7%) 0.00 200
    2018-02-01 $119,950 (22.5%) $161,302 (20.0%) 0.00 198
    2018-03-01 $126,822 (20.9%) $167,550 (18.5%) 0.00 179
    2018-04-01 $132,561 (20.6%) $170,193 (13.6%) 0.00 172
    2018-05-01 $138,613 (13.7%) $174,461 (17.4%) 0.00 166
    2018-06-01 $134,500 (7.7%) $168,673 (8.1%) 0.00 184
    2018-07-01 $138,725 (18.1%) $168,852 (8.5%) 0.00 199
    2018-08-01 $139,950 (16.7%) $174,183 (11.6%) 0.00 194
    2018-09-01 $137,675 (18.7%) $169,013 (9.0%) 0.00 196
    2018-10-01 $129,900 (13.0%) $160,978 (5.6%) 0.00 190
    2018-11-01 $132,225 (12.1%) $159,972 (2.1%) 0.00 183
    2018-12-01 $136,700 (5.2%) $163,407 (3.9%) 0.00 167
    2019-01-01 $129,322 (3.5%) $161,023 (-0.6%) 0.00 151
    2019-02-01 $119,900 (0.0%) $154,017 (-4.5%) 0.00 151
    2019-03-01 $122,043 (-3.8%) $152,344 (-9.1%) 0.00 159
    2019-04-01 $125,700 (-5.2%) $154,859 (-9.0%) 0.00 160
    2019-05-01 $134,000 (-3.3%) $163,839 (-6.1%) 0.00 158
    2019-06-01 $128,900 (-4.2%) $162,361 (-3.7%) 0.00 161
    2019-07-01 $126,847 (-8.6%) $156,861 (-7.1%) 0.00 173
    2019-08-01 $136,445 (-2.5%) $165,313 (-5.1%) 0.00 182
    2019-09-01 $132,764 (-3.6%) $163,973 (-3.0%) 0.00 187
    2019-10-01 $129,900 (0.0%) $160,416 (-0.4%) 0.00 189
    2019-11-01 $129,900 (-1.8%) $159,010 (-0.6%) 0.00 167
    2019-12-01 $126,450 (-7.5%) $158,520 (-3.0%) 0.00 161
    2020-01-01 $129,900 (0.5%) $170,855 (6.1%) 0.00 133
    2020-02-01 $132,450 (10.5%) $170,545 (10.7%) 0.00 126
    2020-03-01 $132,225 (8.3%) $162,193 (6.5%) 0.00 138
    2020-04-01 $137,000 (9.0%) $167,323 (8.1%) 0.00 135
    2020-05-01 $129,950 (-3.0%) $162,049 (-1.1%) 0.00 114
    2020-06-01 $134,900 (4.7%) $165,931 (2.2%) 0.00 94
    2020-07-01 $120,400 (-5.1%) $162,921 (3.9%) 0.00 90
    2020-08-01 $129,900 (-4.8%) $179,867 (8.8%) 0.00 92
    2020-09-01 $133,425 (0.5%) $174,501 (6.4%) 0.00 94
    2020-10-01 $144,900 (11.6%) $179,816 (12.1%) 0.00 81
    2020-11-01 $127,400 (-1.9%) $158,994 (0.0%) 0.00 91
    2020-12-01 $128,450 (1.6%) $148,570 (-6.3%) 0.00 80
    2021-01-01 $120,000 (-7.6%) $152,237 (-10.9%) 0.00 75
    2021-02-01 $122,425 (-7.6%) $141,356 (-17.1%) 0.00 62
    2021-03-01 $124,925 (-5.5%) $140,712 (-13.2%) 0.00 61
    2021-04-01 $128,200 (-6.4%) $154,384 (-7.7%) 0.00 54
    2021-05-01 $122,900 (-5.4%) $159,187 (-1.8%) 0.00 50
    2021-06-01 $127,200 (-5.7%) $154,913 (-6.6%) 0.00 59
    2021-07-01 $137,450 (14.2%) $181,123 (11.2%) 0.00 68
    2021-08-01 $129,900 (0.0%) $172,477 (-4.1%) 0.00 77
    2021-09-01 $140,350 (5.2%) $185,389 (6.2%) 0.00 73
    2021-10-01 $149,900 (3.5%) $200,479 (11.5%) 0.00 91
    2021-11-01 $137,500 (7.9%) $184,400 (16.0%) 0.00 84
    2021-12-01 $136,750 (6.5%) $183,817 (23.7%) 0.00 80
    2022-01-01 $129,900 (8.3%) $158,975 (4.4%) 0.00 128
    2022-02-01 $125,200 (2.3%) $149,591 (5.8%) 0.00 128
    2022-03-01 $123,675 (-1.0%) $158,593 (12.7%) 0.00 55
    2022-04-01 $119,950 (-6.4%) $183,745 (19.0%) 0.00 49
    2022-05-01 $133,675 (8.8%) $210,757 (32.4%) 0.00 55
    2022-06-01 $135,000 (6.1%) $214,309 (38.3%) 0.00 58
    2022-07-01 $162,450 (18.2%) $240,767 (32.9%) 0.00 52
    2022-08-01 $191,250 (47.2%) $260,160 (50.8%) 0.00 50
    2022-09-01 $141,700 (1.0%) $200,204 (8.0%) 0.00 68
    2022-10-01 $139,900 (-6.7%) $173,844 (-13.3%) 0.00 78
    2022-11-01 $145,150 (5.6%) $176,709 (-4.2%) 0.00 91
    2022-12-01 $140,500 (2.7%) $179,258 (-2.5%) 0.00 94
    2023-01-01 $181,150 (39.5%) $194,660 (22.5%) 0.00 61
    2023-02-01 $157,475 (25.8%) $190,446 (27.3%) 0.00 42
    2023-03-01 $154,950 (25.3%) $195,201 (23.1%) 0.00 38
    2023-04-01 $149,450 (24.6%) $182,771 (-0.5%) 0.00 36
    2023-05-01 $143,250 (7.2%) $176,950 (-16.0%) 0.00 40
    2023-06-01 $149,900 (11.0%) $193,546 (-9.7%) 0.00 43
    2023-07-01 $212,000 (30.5%) $246,334 (2.3%) 0.00 41
    2023-08-01 $192,000 (0.4%) $233,099 (-10.4%) 0.00 48
    2023-09-01 $177,400 (25.2%) $221,622 (10.7%) 0.00 57
    2023-10-01 $163,200 (16.7%) $207,173 (19.2%) 0.00 56
    2023-11-01 $179,925 (24.0%) $210,218 (19.0%) 0.00 62
    2023-12-01 $189,900 (35.2%) $218,529 (21.9%) 0.00 56
    2024-01-01 $189,675 (4.7%) $226,821 (16.5%) 0.00 56
    2024-02-01 $184,675 (17.3%) $230,915 (21.3%) 0.00 46
    2024-03-01 $189,950 (22.6%) $226,561 (16.1%) 0.00 38
    2024-04-01 $232,225 (55.4%) $296,134 (62.0%) 0.00 41
    2024-05-01 $241,875 (68.9%) $315,411 (78.3%) 0.00 49
    2024-06-01 $242,450 (61.7%) $304,811 (57.5%) 0.00 48
    2024-07-01 $248,450 (17.2%) $302,129 (22.7%) 0.00 50
    2024-08-01 $239,900 (25.0%) $287,655 (23.4%) 0.00 51
    2024-09-01 $246,450 (38.9%) $279,503 (26.1%) 0.00 64
    2024-10-01 $223,225 (36.8%) $261,373 (26.2%) 0.00 80
    2024-11-01 $210,000 (16.7%) $253,833 (20.8%) 0.00 80
    2024-12-01 $241,175 (27.0%) $263,039 (20.4%) 0.00 67
    2025-01-01 $231,200 (21.9%) $262,690 (15.8%) 0.00 60
    2025-02-01 $227,450 (23.2%) $274,719 (19.0%) 0.00 56
    2025-03-01 $225,000 (18.5%) $273,852 (20.9%) 0.00 56
    Norwalk's median listing price for 2025-03-01 was $225,000, a difference of $35,050 (18.5%) versus the prior year and $-2,450 versus the prior month.

    Norwalk's median listing price comes in at 0% of the national average.

    Norwalk's average listing price for 2025-03-01 was $273,852, a difference of $47,291 (20.9%) versus the prior year and $-867 versus the prior month.

    For the 2025-03-01 period, Norwalk had 56 MLS listings, a difference of 0 listings (0%) versus the prior month and 18 listings (47%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Norwalk (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,728 sqft
    2018-02-01 0 days 1,682 sqft
    2018-03-01 0 days 1,644 sqft
    2018-04-01 0 days 1,646 sqft
    2018-05-01 0 days 1,720 sqft
    2018-06-01 0 days 1,711 sqft
    2018-07-01 0 days 1,716 sqft
    2018-08-01 0 days 1,770 sqft
    2018-09-01 0 days 1,704 sqft
    2018-10-01 0 days 1,654 sqft
    2018-11-01 0 days 1,672 sqft
    2018-12-01 0 days 1,672 sqft
    2019-01-01 0 days 1,634 sqft
    2019-02-01 0 days 1,675 sqft
    2019-03-01 0 days 1,646 sqft
    2019-04-01 0 days 1,643 sqft
    2019-05-01 0 days 1,628 sqft
    2019-06-01 0 days 1,629 sqft
    2019-07-01 0 days 1,625 sqft
    2019-08-01 0 days 1,733 sqft
    2019-09-01 0 days 1,752 sqft
    2019-10-01 0 days 1,765 sqft
    2019-11-01 0 days 1,693 sqft
    2019-12-01 0 days 1,665 sqft
    2020-01-01 0 days 1,730 sqft
    2020-02-01 0 days 1,740 sqft
    2020-03-01 0 days 1,652 sqft
    2020-04-01 0 days 1,672 sqft
    2020-05-01 0 days 1,632 sqft
    2020-06-01 0 days 1,638 sqft
    2020-07-01 0 days 1,600 sqft
    2020-08-01 0 days 1,693 sqft
    2020-09-01 0 days 1,646 sqft
    2020-10-01 0 days 1,608 sqft
    2020-11-01 0 days 1,581 sqft
    2020-12-01 0 days 1,567 sqft
    2021-01-01 0 days 1,495 sqft
    2021-02-01 0 days 1,430 sqft
    2021-03-01 0 days 1,387 sqft
    2021-04-01 0 days 1,478 sqft
    2021-05-01 0 days 1,463 sqft
    2021-06-01 0 days 1,544 sqft
    2021-07-01 0 days 1,560 sqft
    2021-08-01 0 days 1,566 sqft
    2021-09-01 0 days 1,574 sqft
    2021-10-01 0 days 1,685 sqft
    2021-11-01 0 days 1,571 sqft
    2021-12-01 0 days 1,558 sqft
    2022-01-01 0 days 1,344 sqft
    2022-02-01 0 days 1,350 sqft
    2022-03-01 0 days 1,390 sqft
    2022-04-01 0 days 1,455 sqft
    2022-05-01 0 days 1,482 sqft
    2022-06-01 0 days 1,535 sqft
    2022-07-01 0 days 1,628 sqft
    2022-08-01 0 days 1,751 sqft
    2022-09-01 0 days 1,561 sqft
    2022-10-01 0 days 1,508 sqft
    2022-11-01 0 days 1,484 sqft
    2022-12-01 0 days 1,441 sqft
    2023-01-01 0 days 1,567 sqft
    2023-02-01 0 days 1,615 sqft
    2023-03-01 0 days 1,670 sqft
    2023-04-01 0 days 1,576 sqft
    2023-05-01 0 days 1,556 sqft
    2023-06-01 0 days 1,532 sqft
    2023-07-01 0 days 1,686 sqft
    2023-08-01 0 days 1,691 sqft
    2023-09-01 0 days 1,648 sqft
    2023-10-01 0 days 1,586 sqft
    2023-11-01 0 days 1,671 sqft
    2023-12-01 0 days 1,600 sqft
    2024-01-01 0 days 1,667 sqft
    2024-02-01 0 days 1,722 sqft
    2024-03-01 0 days 1,696 sqft
    2024-04-01 0 days 1,766 sqft
    2024-05-01 0 days 1,791 sqft
    2024-06-01 0 days 1,774 sqft
    2024-07-01 0 days 1,769 sqft
    2024-08-01 0 days 1,762 sqft
    2024-09-01 0 days 1,687 sqft
    2024-10-01 0 days 1,724 sqft
    2024-11-01 0 days 1,656 sqft
    2024-12-01 0 days 1,673 sqft
    2025-01-01 0 days 1,540 sqft
    2025-02-01 0 days 1,570 sqft
    2025-03-01 0 days 1,621 sqft
    Norwalk's median listing age (time on market) for 2025-03-01 was 0 days.

    Norwalk's median square footage for active listings during the 2025-03-01 period was 1,621 sqft. One year prior, the average listing was 1,696 sqft.

    Norwalk, OH Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 533 $105,055,000 $197,101
    Cash Out Refi 119 $17,465,000 $146,765
    Refi 114 $17,050,000 $149,561
    Home Improvement 110 $7,060,000 $64,182
    Other 81 $5,945,000 $73,395

    Norwalk's most frequently cited loan purpose was Home Purchase, with 533 originations. The 2nd most popular reason was Cash Out Refi, with 119 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 375 $66,445,000 $177,187
    Over 8% 242 $19,290,000 $79,711
    7-8% 190 $30,410,000 $160,053
    5-6% 91 $18,245,000 $200,495
    4-5% 11 $3,445,000 $313,182
    <2.5% 3 $15,000 $5,000

    During 2024, Norwalk's most frequently originated rate bucket was 6-7%, with 375 originations.

    Loan Sizing (Norwalk, OH MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 397 $58,745,000 $147,972
    $100,000 or less 335 $19,585,000 $58,463
    $200k-400k 197 $52,455,000 $266,269
    $400k-600k 22 $10,560,000 $480,000
    $600k-1000k 4 $2,680,000 $670,000
    $Over $1MM 2 $8,550,000 $4,275,000

    Norwalk's loan sizing saw the bucket of loans from $100k-200k with 397 originations, totaling $58,745,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 421 $79,965,000 $189,941
    60-80% 169 $29,315,000 $173,462
    20-40% 133 $9,895,000 $74,398
    Under 20% 89 $2,965,000 $33,315
    40-60% 79 $9,775,000 $123,734
    Over 100% 9 $2,045,000 $227,222

    Norwalk's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 421 originations, totaling $79,965,000 in origination value.