Norwalk Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Norwalk averaged 7.33% for the week of 2023-11-22, compared to the national average of 7.29% for the same period.

The average rate for the prior week (2023-11-16) was 7.48% and one month ago for the week of 2023-10-19, the average rate was 7.67%.

Norwalk's average rate one year ago was 6.65%.

For refis of the same type during the week of 2023-11-22, the average rate was 7.69%.

Loan Type Date Rate
US 30 Year Fixed Rate 2023-11-22 7.29%
Norwalk 30 Year Fixed Rate 2023-11-22 7.33%
Norwalk 30 Year Fixed Rate Refi 2023-11-22 7.69%
Norwalk 15 Year Fixed Rate 2023-11-22 6.87%
Norwalk 15 Year Fixed Rate Refi 2023-11-22 6.87%
Norwalk 30 Year FHA 2023-11-22 -0.29%
Norwalk 30 Year FHA Refi 2023-11-22 0%
Norwalk 30 Year USDA 2023-11-22 0%
Norwalk 30 Year USDA Refi 2023-11-22 -0.2%
Norwalk 30 Year VA 2023-11-22 -0.1%
Norwalk 30 Year VA Refi 2023-11-22 0.1%
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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
UNION HOME MORTGAGE CORP. 50 5.19% $4,987
QUICKEN LOANS, LLC 41 5.11% $6,127
Civista Bank 34 5.11% $3,035
KeyBank 20 4.84% $3,750
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 17 5.42% $3,774
CROSSCOUNTRY MORTGAGE, LLC 17 5.88% $5,738
The Huntington National Bank 15 4.92% $3,638
UNITED WHOLESALE MORTGAGE, LLC 12 5.45% $6,235
PNC Bank 11 5.02% $3,660
The Croghan Colonial Bank 10 4.61% $3,454
First Federal Bank of the Midwest 9 5.25% $3,193
JPMorgan Chase Bank 6 4.43% $3,518
Mr. Cooper ( Nationstar Mortgage ) 6 5.37% $5,211
First Federal Savings and Loan Association of Lorain 6 3.75% $3,784
Third Federal Savings and Loan Association of Cleveland 6 3.99% $2,626
First Federal Savings and Loan Association of Lakewood 6 4.88% $6,786
YOUR HOME FINANCIAL LLC 5 4.85% $5,409
Fifth Third Bank 5 5.15% $3,725
CALIBER HOME LOANS, INC. 4 5.63% $3,332
LOANDEPOT.COM, LLC 4 5.15% $5,184
Mechanics Bank 4 3.35% $1,932
PENNYMAC LOAN SERVICES, LLC 3 4.71% $6,311
LAKEVIEW LOAN SERVICING, LLC 3 4.79% $2,759
American Midwest Mortgage Corporation 3 4.71% $5,289
First National Bank of Bellevue 3 5.63% $4,101
RUOFF MORTGAGE COMPANY, INC. 3 6.00% $3,616
CARDINAL FINANCIAL 3 4.29% $3,980
HOWARD HANNA FINANCIAL SERVICES, INC. 3 5.58% $4,009
Directions Credit Union, Inc. 2 5.31% $2,454
M&T Bank 2 6.38% $4,107
NAVY FEDERAL CREDIT UNION 2 5.50% $3,441
NEWREZ LLC 2 5.99% $2,859
RELIANCE FIRST CAPITAL, LLC 2 4.25% $5,071
ROYAL UNITED MORTGAGE LLC 2 5.63% $6,298
Farm Credit Mid-America, ACA 2 5.03% $3,858
Flagstar Bank, FSB 2 6.69% $4,255
FREEDOM MORTGAGE CORPORATION 2 5.81% $6,452
GUARANTEED RATE, INC. 2 4.18% $4,845
Carrington Mortgage Services, LLC 2 6.00% $7,619
ZILLOW HOME LOANS, LLC 1 3.00% $6,969
AMERIFIRST FINANCIAL CORPORATION 1 3.38% $4,715
AMERISAVE MORTGAGE CORPORATION 1 2.88% $5,890
Citizens Bank 1 7.38% $3,096
CNB Bank 1 6.75% $2,975
DRAPER AND KRAMER MORTGAGE CORP. 1 5.88% $4,311
EQUITY RESOURCES, INC. 1 6.88% $4,345
Evolve Bank & Trust 1 5.88% $5,284
FIRST CENTENNIAL MORTGAGE CORPORATION 1 5.63% $3,533
First Financial Bank 1 6.50% $3,725
First National Bank of Pennsylvania 1 5.13% $3,000
FIRST TECHNOLOGY 1 5.50% $4,442
Guardian Savings Bank, A Federal Savings Bank 1 4.00% $4,601
HOMESIDE FINANCIAL, LLC 1 6.13% $5,459
Liberty Savings Bank, F.S.B. 1 3.13% $10,033
MID AMERICA MORTGAGE, INC. 1 3.88% $1,921
MOVEMENT MORTGAGE, LLC 1 4.13% $4,313
Neighborhood Loans, Inc. 1 4.25% $3,947
NORTHERN MORTGAGE SERVICES, LLC 1 6.50% $1,531
Northpointe Bank 1 4.49% $8,625
Northwest Bank 1 3.38% $3,253
OPTION FINANCIAL, LLC 1 5.63% $2,674
PENTAGON FEDERAL CREDIT UNION 1 3.00% $1,895
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 4.50% $11,782
RESIDENTIAL BANCORP 1 3.49% $3,190
Superior Credit Union, Inc. 1 4.50% $2,907
T2 FINANCIAL LLC 1 7.63% $4,729
The Genoa Banking Company 1 4.50% $3,535
The Park National Bank 1 5.50% $2,450
The State Bank and Trust Company 1 4.88% $2,794
USAA Federal Savings Bank 1 6.00% $3,129
U.S. Bank 1 3.25% $1,707
Wells Fargo Bank 1 3.63% $4,276
Ally Bank 1 4.38% $2,410

Norwalk Average Closing Costs & Other Stats

Norwalk, OH's 73 lenders originated 1,183 loans during 2022. The total origination value was $164,215,000, with an average loan value of $138,812.

Norwalk's average closing costs are $4,373.

The top Norwalk lender as defined by loan originations is UNION HOME MORTGAGE CORP., with 50 loans originated. Their average total fees are $4,987, which is $1,140 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Norwalk lenders (with over 10 loans originated) are Civista Bank ($3,035), The Croghan Colonial Bank ($3,454), The Huntington National Bank ($3,638), PNC Bank ($3,660) and KeyBank ($3,750).

The lowest rate Norwalk lenders (with over 10 loans originated) are The Croghan Colonial Bank (4.61%), KeyBank (4.84%), The Huntington National Bank (4.92%), PNC Bank (5.02%) and Civista Bank (5.11%).

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 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
QUICKEN LOANS, LLC $29,935,000 $16,710,000 -44.2% 10.2%
UNION HOME MORTGAGE CORP. $22,920,000 $12,055,000 -47.4% 7.3%
Civista Bank $13,265,000 $10,905,000 -17.8% 6.6%
KeyBank $11,545,000 $9,965,000 -13.7% 6.1%
PNC Bank $8,205,000 $9,495,000 15.7% 5.8%
The Huntington National Bank $15,020,000 $7,765,000 -48.3% 4.7%
BERKELEY POINT CAPITAL LLC $6,425,000 n/a 3.9%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $13,365,000 $5,800,000 -56.6% 3.5%
CROSSCOUNTRY MORTGAGE, LLC $4,450,000 $5,415,000 21.7% 3.3%
First Federal Bank of the Midwest $10,515,000 $5,275,000 -49.8% 3.2%
UNITED WHOLESALE MORTGAGE, LLC $985,000 $4,560,000 362.9% 2.8%
AG Credit, Agricultural Credit Association $2,990,000 $3,590,000 20.1% 2.2%
First Federal Savings and Loan Association of Lakewood $3,910,000 $3,485,000 -10.9% 2.1%
Mortgage Research Center, LLC $4,080,000 $3,130,000 -23.3% 1.9%
LOANDEPOT.COM, LLC $6,470,000 $2,935,000 -54.6% 1.8%
The Croghan Colonial Bank $4,795,000 $2,895,000 -39.6% 1.8%
Mechanics Bank $1,285,000 $2,495,000 94.2% 1.5%
Sutton Bank $4,980,000 $2,305,000 -53.7% 1.4%
Fifth Third Bank $3,070,000 $2,275,000 -25.9% 1.4%
Mr. Cooper ( Nationstar Mortgage ) $2,495,000 $2,270,000 -9.0% 1.4%
First Federal Savings and Loan Association of Lorain $1,760,000 $1,820,000 3.4% 1.1%
JPMorgan Chase Bank $2,380,000 $1,820,000 -23.5% 1.1%
YOUR HOME FINANCIAL LLC $2,125,000 $1,605,000 -24.5% 1.0%
CALIBER HOME LOANS, INC. $1,665,000 $1,590,000 -4.5% 1.0%
NAVY FEDERAL CREDIT UNION $1,165,000 $1,490,000 27.9% 0.9%
Directions Credit Union, Inc. $490,000 $1,485,000 203.1% 0.9%
BROKER SOLUTIONS, INC. $185,000 $1,355,000 632.4% 0.8%
Third Federal Savings and Loan Association of Cleveland $1,860,000 $1,265,000 -32.0% 0.8%
First National Bank of Bellevue $2,980,000 $1,140,000 -61.7% 0.7%
PENNYMAC LOAN SERVICES, LLC $1,700,000 $960,000 -43.5% 0.6%
Wells Fargo Bank $3,795,000 $955,000 -74.8% 0.6%
Farm Credit Mid-America, ACA $525,000 $940,000 79.0% 0.6%
American Midwest Mortgage Corporation $640,000 $905,000 41.4% 0.6%
FREEDOM MORTGAGE CORPORATION $6,400,000 $880,000 -86.3% 0.5%
Flagstar Bank, FSB $1,070,000 $815,000 -23.8% 0.5%
Carrington Mortgage Services, LLC $985,000 $800,000 -18.8% 0.5%
NEWREZ LLC $3,450,000 $800,000 -76.8% 0.5%
Presidential Bank, FSB $675,000 n/a 0.4%
Northwest Bank $670,000 $670,000 0.0% 0.4%
LAKEVIEW LOAN SERVICING, LLC $1,230,000 $665,000 -45.9% 0.4%
First Federal Bank of Ohio $585,000 $630,000 7.7% 0.4%
AMERISAVE MORTGAGE CORPORATION $1,125,000 $590,000 -47.6% 0.4%
PLAZA HOME MORTGAGE, INC. $1,135,000 $590,000 -48.0% 0.4%
HOWARD HANNA FINANCIAL SERVICES, INC. $480,000 $580,000 20.8% 0.4%
NEW DAY FINANCIAL, LLC $835,000 $575,000 -31.1% 0.4%
RUOFF MORTGAGE COMPANY, INC. $115,000 $570,000 395.7% 0.3%
GUARANTEED RATE, INC. $265,000 $565,000 113.2% 0.3%
Citizens Bank $395,000 $560,000 41.8% 0.3%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $1,010,000 $550,000 -45.5% 0.3%
MID AMERICA MORTGAGE, INC. $1,015,000 $535,000 -47.3% 0.3%
The Genoa Banking Company $515,000 n/a 0.3%
The Park National Bank $1,625,000 $435,000 -73.2% 0.3%
U.S. Bank $1,930,000 $430,000 -77.7% 0.3%
S&T Bank $425,000 n/a 0.3%
NORTHERN MORTGAGE SERVICES, LLC $95,000 $395,000 315.8% 0.2%
The Commercial and Savings Bank of Millersburg Ohio $395,000 n/a 0.2%
The Union Bank Company $390,000 n/a 0.2%
Guardian Savings Bank, A Federal Savings Bank $375,000 n/a 0.2%
RELIANCE FIRST CAPITAL, LLC $430,000 $375,000 -12.8% 0.2%
First Financial Bank $805,000 $345,000 -57.1% 0.2%
North American Savings Bank, F.S.B. $345,000 n/a 0.2%
PENTAGON FEDERAL CREDIT UNION $200,000 $345,000 72.5% 0.2%
FIRST TECHNOLOGY $335,000 n/a 0.2%
MOVEMENT MORTGAGE, LLC $335,000 n/a 0.2%
M&T Bank $65,000 $330,000 407.7% 0.2%
MORTGAGE SOLUTIONS OF COLORADO, LLC $320,000 n/a 0.2%
CENTURY $175,000 $315,000 80.0% 0.2%
Liberty Savings Bank, F.S.B. $305,000 n/a 0.2%
ROYAL UNITED MORTGAGE LLC $510,000 $285,000 -44.1% 0.2%
Ally Bank $770,000 $265,000 -65.6% 0.2%
PRIMELENDING, A PLAINSCAPITAL COMPANY $95,000 $265,000 178.9% 0.2%
LOANPAL, LLC $480,000 $260,000 -45.8% 0.2%
SPRING EQ, LLC $200,000 $250,000 25.0% 0.2%
TOP FLITE FINANCIAL, INC. $250,000 n/a 0.2%
Dollar Bank, Federal Savings Bank $710,000 $240,000 -66.2% 0.1%
LIBERTY HOME MORTGAGE CORPORATION $385,000 $230,000 -40.3% 0.1%
EVERETT FINANCIAL, INC. $225,000 n/a 0.1%
FIRST CENTENNIAL MORTGAGE CORPORATION $115,000 $215,000 87.0% 0.1%
PLANET HOME LENDING, LLC $310,000 $215,000 -30.6% 0.1%
Superior Credit Union, Inc. $25,000 $215,000 760.0% 0.1%
AMERIFIRST FINANCIAL CORPORATION $400,000 $210,000 -47.5% 0.1%
Figure Lending LLC $35,000 $210,000 500.0% 0.1%
Barrington Bank & Trust Company, N.A. $325,000 $205,000 -36.9% 0.1%
First Savings Bank $205,000 n/a 0.1%
1ST SIGNATURE LENDING, LLC $85,000 $195,000 129.4% 0.1%
CNB Bank $385,000 $195,000 -49.4% 0.1%
Hometown Equity Mortgage, LLC $195,000 n/a 0.1%
Northpointe Bank $300,000 $195,000 -35.0% 0.1%
T2 FINANCIAL LLC $410,000 $190,000 -53.7% 0.1%
ZILLOW HOME LOANS, LLC $185,000 $185,000 0.0% 0.1%
Evolve Bank & Trust $680,000 $175,000 -74.3% 0.1%
Sierra Pacific Mortgage Company, Inc. $175,000 n/a 0.1%
First National Bank of Pennsylvania $675,000 $170,000 -74.8% 0.1%
EQUITY RESOURCES, INC. $520,000 $165,000 -68.3% 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $240,000 $165,000 -31.3% 0.1%
RESIDENTIAL BANCORP. $165,000 n/a 0.1%
NFM, INC. $155,000 n/a 0.1%
US MORTGAGE CORPORATION $155,000 n/a 0.1%
Bank of England $570,000 $145,000 -74.6% 0.1%
The State Bank and Trust Company $95,000 $145,000 52.6% 0.1%
CHURCHILL MORTGAGE CORPORATION $135,000 n/a 0.1%
Nations Lending Corporation $1,335,000 $135,000 -89.9% 0.1%
Equity Prime Mortgage LLC $125,000 n/a 0.1%
HOMESIDE FINANCIAL, LLC $1,420,000 $125,000 -91.2% 0.1%
HONDA Federal Credit Union $135,000 $125,000 -7.4% 0.1%
Magnolia Bank $125,000 n/a 0.1%
First Guaranty Mortgage Corporation $480,000 $115,000 -76.0% 0.1%
First Federal Community Bank of Bucyrus $630,000 $105,000 -83.3% 0.1%
GUILD MORTGAGE COMPANY $105,000 n/a 0.1%
OPTION FINANCIAL, LLC $105,000 n/a 0.1%
Community Star Credit Union $95,000 n/a 0.1%
USAA Federal Savings Bank $1,910,000 $95,000 -95.0% 0.1%
Cf Bank $85,000 n/a 0.1%
DRAPER AND KRAMER MORTGAGE CORP. $325,000 $85,000 -73.8% 0.1%
FIRST OHIO HOME FINANCE, INC. $75,000 n/a 0.0%
KEMBA FINANCIAL $55,000 $75,000 36.4% 0.0%
LENDINGHOME FUNDING CORPORATION $75,000 n/a 0.0%
Towne Bank $75,000 n/a 0.0%
Neighborhood Loans, Inc. $65,000 n/a 0.0%
CAMPBELL EMPLOYEES FEDERAL CREDIT UNION $45,000 n/a 0.0%
AMERICAN ADVISORS GROUP $110,000 $35,000 -68.2% 0.0%
AMERICAN FINANCING CORPORATION $375,000 $35,000 -90.7% 0.0%
Discover Bank $35,000 n/a 0.0%
VANDERBILT MORTGAGE AND FINANCE, INC. $35,000 n/a 0.0%
SUN Federal Credit Union $25,000 n/a 0.0%
ALLIANT CREDIT UNION $55,000 $15,000 -72.7% 0.0%
Seven Seventeen Credit Union $25,000 $15,000 -40.0% 0.0%

Norwalk's top lender by overall market share is QUICKEN LOANS, LLC, with 10.2% market share. In second place, with 7.3%, is UNION HOME MORTGAGE CORP., having originated $12,055,000 in loans. In third place, with 6.6%, is Civista Bank, having originated $10,905,000 in loans. In fourth place, with 6.1%, is KeyBank, having originated $9,965,000 in loans. In fifth place, with 5.8%, is PNC Bank, having originated $9,495,000 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 $124,611 (16.0%) $160,937 (17.9%) 0.00 199
2018-02-01 $119,925 (22.4%) $160,172 (19.1%) 0.00 197
2018-03-01 $124,900 (19.1%) $166,291 (17.6%) 0.00 178
2018-04-01 $131,875 (20.0%) $168,901 (12.7%) 0.00 171
2018-05-01 $137,925 (13.1%) $173,227 (16.5%) 0.00 165
2018-06-01 $134,000 (7.3%) $167,552 (7.4%) 0.00 183
2018-07-01 $138,175 (17.6%) $167,782 (7.8%) 0.00 198
2018-08-01 $139,925 (16.7%) $173,064 (10.9%) 0.00 193
2018-09-01 $137,675 (18.7%) $167,869 (8.3%) 0.00 195
2018-10-01 $129,900 (13.0%) $160,023 (5.0%) 0.00 190
2018-11-01 $132,225 (12.1%) $158,983 (1.5%) 0.00 183
2018-12-01 $136,700 (5.7%) $162,252 (3.9%) 0.00 167
2019-01-01 $129,322 (3.8%) $159,740 (-0.7%) 0.00 151
2019-02-01 $119,900 (0.0%) $152,719 (-4.7%) 0.00 151
2019-03-01 $122,043 (-2.3%) $150,756 (-9.3%) 0.00 158
2019-04-01 $125,700 (-4.7%) $154,088 (-8.8%) 0.00 159
2019-05-01 $131,875 (-4.4%) $162,429 (-6.2%) 0.00 157
2019-06-01 $128,900 (-3.8%) $162,361 (-3.1%) 0.00 160
2019-07-01 $126,847 (-8.2%) $156,861 (-6.5%) 0.00 173
2019-08-01 $136,445 (-2.5%) $165,313 (-4.5%) 0.00 182
2019-09-01 $132,764 (-3.6%) $163,973 (-2.3%) 0.00 187
2019-10-01 $129,900 (0.0%) $160,416 (0.3%) 0.00 189
2019-11-01 $129,900 (-1.8%) $159,010 (0.0%) 0.00 167
2019-12-01 $126,450 (-7.5%) $158,520 (-2.3%) 0.00 161
2020-01-01 $129,900 (0.5%) $170,855 (7.0%) 0.00 133
2020-02-01 $132,450 (10.5%) $170,545 (11.7%) 0.00 126
2020-03-01 $132,225 (8.3%) $162,193 (7.6%) 0.00 138
2020-04-01 $137,000 (9.0%) $167,323 (8.6%) 0.00 135
2020-05-01 $129,950 (-1.5%) $162,049 (-0.2%) 0.00 114
2020-06-01 $141,725 (10.0%) $169,336 (4.3%) 0.00 97
2020-07-01 $125,500 (-1.1%) $167,469 (6.8%) 0.00 95
2020-08-01 $139,900 (2.5%) $184,075 (11.4%) 0.00 98
2020-09-01 $138,425 (4.3%) $178,548 (8.9%) 0.00 100
2020-10-01 $145,000 (11.6%) $183,035 (14.1%) 0.00 86
2020-11-01 $129,900 (0.0%) $163,398 (2.8%) 0.00 96
2020-12-01 $129,900 (2.7%) $154,042 (-2.8%) 0.00 85
2021-01-01 $129,000 (-0.7%) $157,609 (-7.8%) 0.00 80
2021-02-01 $127,000 (-4.1%) $148,451 (-13.0%) 0.00 67
2021-03-01 $128,450 (-2.9%) $146,468 (-9.7%) 0.00 65
2021-04-01 $134,725 (-1.7%) $160,931 (-3.8%) 0.00 58
2021-05-01 $125,000 (-3.8%) $166,622 (2.8%) 0.00 54
2021-06-01 $128,725 (-9.2%) $161,822 (-4.4%) 0.00 61
2021-07-01 $149,900 (19.4%) $187,180 (11.8%) 0.00 73
2021-08-01 $131,225 (-6.2%) $178,267 (-3.2%) 0.00 82
2021-09-01 $153,900 (11.2%) $190,620 (6.8%) 0.00 78
2021-10-01 $159,900 (10.3%) $204,758 (11.9%) 0.00 96
2021-11-01 $137,500 (5.9%) $190,025 (16.3%) 0.00 90
2021-12-01 $137,500 (5.9%) $189,153 (22.8%) 0.00 85
2022-01-01 $132,000 (2.3%) $161,445 (2.4%) 0.00 131
2022-02-01 $126,200 (-0.6%) $152,500 (2.7%) 0.00 131
2022-03-01 $125,750 (-2.1%) $162,705 (11.1%) 0.00 59
2022-04-01 $122,450 (-9.1%) $187,160 (16.3%) 0.00 53
2022-05-01 $139,475 (11.6%) $211,188 (26.8%) 0.00 57
2022-06-01 $138,700 (7.8%) $214,581 (32.6%) 0.00 60
2022-07-01 $169,900 (13.3%) $241,466 (29.0%) 0.00 54
2022-08-01 $191,250 (45.7%) $259,310 (45.5%) 0.00 52
2022-09-01 $145,825 (-5.3%) $201,051 (5.5%) 0.00 70
2022-10-01 $139,900 (-12.5%) $175,217 (-14.4%) 0.00 80
2022-11-01 $146,900 (6.8%) $177,844 (-6.4%) 0.00 93
2022-12-01 $141,000 (2.6%) $179,103 (-5.3%) 0.00 96
2023-01-01 $178,650 (35.3%) $194,105 (20.2%) 0.00 62
2023-02-01 $159,500 (26.4%) $190,646 (25.0%) 0.00 43
2023-03-01 $155,725 (23.8%) $194,776 (19.7%) 0.00 38
2023-04-01 $149,450 (22.1%) $182,771 (-2.4%) 0.00 36
2023-05-01 $146,125 (4.8%) $178,794 (-15.3%) 0.00 39
2023-06-01 $161,150 (16.2%) $195,892 (-8.7%) 0.00 43
2023-07-01 $212,000 (24.8%) $246,334 (2.0%) 0.00 41
2023-08-01 $192,000 (0.4%) $233,099 (-10.1%) 0.00 48
2023-09-01 $177,400 (21.7%) $221,622 (10.2%) 0.00 57
2023-10-01 $163,200 (16.7%) $207,173 (18.2%) 0.00 56
Norwalk's median listing price for 2023-10-01 was $163,200, a difference of $23,300 (16.7%) versus the prior year and $-14,200 versus the prior month.

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

Norwalk's average listing price for 2023-10-01 was $207,173, a difference of $31,956 (18.2%) versus the prior year and $-14,449 versus the prior month.

For the 2023-10-01 period, Norwalk had 56 MLS listings, a difference of -1 listings (-2%) versus the prior month and -24 listings (-30%) 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 1,686 sqft
2018-03-01 0 days 1,650 sqft
2018-04-01 0 days 1,646 sqft
2018-05-01 0 days 1,728 sqft
2018-06-01 0 days 1,715 sqft
2018-07-01 0 days 1,714 sqft
2018-08-01 0 days 1,757 sqft
2018-09-01 0 days 1,700 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 1,643 sqft
2019-04-01 0 days 1,642 sqft
2019-05-01 0 days 1,632 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 1,751 sqft
2019-10-01 0 days 1,764 sqft
2019-11-01 0 days 1,691 sqft
2019-12-01 0 days 1,662 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 1,679 sqft
2020-05-01 0 days 1,634 sqft
2020-06-01 0 days 1,660 sqft
2020-07-01 0 days 1,634 sqft
2020-08-01 0 days 1,773 sqft
2020-09-01 0 days 1,727 sqft
2020-10-01 0 days 1,698 sqft
2020-11-01 0 days 1,606 sqft
2020-12-01 0 days 1,576 sqft
2021-01-01 0 days 1,584 sqft
2021-02-01 0 days 1,472 sqft
2021-03-01 0 days 1,404 sqft
2021-04-01 0 days 1,570 sqft
2021-05-01 0 days 1,533 sqft
2021-06-01 0 days 1,563 sqft
2021-07-01 0 days 1,604 sqft
2021-08-01 0 days 1,606 sqft
2021-09-01 0 days 1,634 sqft
2021-10-01 0 days 1,700 sqft
2021-11-01 0 days 1,623 sqft
2021-12-01 0 days 1,595 sqft
2022-01-01 0 days 1,362 sqft
2022-02-01 0 days 1,375 sqft
2022-03-01 0 days 1,401 sqft
2022-04-01 0 days 1,471 sqft
2022-05-01 0 days 1,496 sqft
2022-06-01 0 days 1,541 sqft
2022-07-01 0 days 1,644 sqft
2022-08-01 0 days 1,747 sqft
2022-09-01 0 days 1,590 sqft
2022-10-01 0 days 1,522 sqft
2022-11-01 0 days 1,499 sqft
2022-12-01 0 days 1,456 sqft
2023-01-01 0 days 1,570 sqft
2023-02-01 0 days 1,615 sqft
2023-03-01 0 days 1,669 sqft
2023-04-01 0 days 1,576 sqft
2023-05-01 0 days 1,564 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
Norwalk's median listing age (time on market) for 2023-10-01 was 0 days.

Norwalk's median square footage for active listings during the 2023-10-01 period was 1,586 sqft. One year prior, the average listing was 1,522 sqft.

Norwalk, OH Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 558 $87,800,000 $157,348
Cash Out Refi 199 $35,025,000 $176,005
Refi 197 $23,495,000 $119,264
Other 137 $11,285,000 $82,372
Home Improvement 92 $6,610,000 $71,848

Norwalk's most frequently cited loan purpose was Home Purchase, with 558 originations. The 2nd most popular reason was Cash Out Refi, with 199 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
5-6% 297 $41,095,000 $138,367
3-4% 266 $35,700,000 $134,211
4-5% 247 $41,885,000 $169,575
6-7% 151 $20,165,000 $133,543
2.5-3% 102 $13,680,000 $134,118
7-8% 45 $4,865,000 $108,111
Over 8% 23 $1,015,000 $44,130
<2.5% 23 $2,745,000 $119,348

During 2022, Norwalk's most frequently originated rate bucket was 5-6%, with 297 originations.

Loan Sizing (Norwalk, OH MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 548 $76,490,000 $139,580
$100,000 or less 446 $27,290,000 $61,188
$200k-400k 166 $42,990,000 $258,976
$400k-600k 20 $9,370,000 $468,500
$600k-1000k 2 $1,650,000 $825,000
$Over $1MM 1 $6,425,000 $6,425,000

Norwalk's loan sizing saw the bucket of loans from $100k-200k with 548 originations, totaling $76,490,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 489 $81,895,000 $167,474
60-80% 288 $47,630,000 $165,382
20-40% 130 $8,860,000 $68,154
40-60% 129 $14,965,000 $116,008
Under 20% 101 $3,615,000 $35,792
Over 100% 11 $2,565,000 $233,182

Norwalk's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 489 originations, totaling $81,895,000 in origination value.