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IA area data

Norwalk, IA

Norwalk, IA.

Population: 16,835 (Census ACS)

Home values & appreciation

Median home value
$345,562
1-year appreciation
+1.4%
3-year appreciation
+3.4%
5-year appreciation
+15.9%
10-year appreciation
+56.2%
All-time peak (2026-04)
$346,676
House Price Index
379.0 (+3.7% YoY)

Market activity

Median sale price
$349,995
Median list price
$374,945
Median days on market
101 days
Sale-to-list ratio
99.6%
Active listings
81
1-year forecast
+0.6%
Days to pending
59 days
New listings (monthly)
29

Rents

Typical rent
$1,233/mo
1BR fair-market rent
$1,090/mo
3BR fair-market rent
$1,770/mo

Affordability

Cost of living index (Low)
89.5 (100 = US avg)
Electricity rate (state-level)
13.7¢/kWh
Natural gas rate (state-level)
$10.60/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
5
Elementary schools
3
Middle schools
1
High schools
1

Natural hazards & flood risk

Overall hazard risk
Very Low
Top hazards
drought, lightning, strongWind, tornado
FEMA flood zone
X
Flood risk level
Minimal

Climate (30-year normals)

Average annual temperature
51.0°F
Average high
61.0°F
Average low
42.0°F
Annual precipitation
39.2 in
Annual snowfall
38.9 in

Walkability & transit

Walkability index
5.2 / 20
Transit service frequency
-99,999

Amenities

Nearest airport
Des Moines International Airport (DSM) (6 mi)
Nearest major airport
Des Moines International Airport (DSM) (6 mi)
Hospitals nearby (~15 mi)
3
Avg hospital rating
3.5 / 5
Solar radiation rating
Fair (4.0 kWh/m²/day)

Migration

Net migration
+302 tax filers

Housing stock

Median year housing built
2,000
Median annual property tax
$4,786
Mean commute to work
18 min
Households with broadband internet
79.5%

Employment & development

Total county employment
10,119
Average weekly wage
$941
Top industries (by employment)
Health Care, Construction, Accommodation & Food
Annual residential building permits (county)
429

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents