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Friday, April 4, 2025

Pricing for the median home in Norwalk decreased during February 2022

Webp re 6

The median sale price of a home sold in February 2022 in Norwalk fell by $161,750 while total sales decreased by 96.4%, according to BlockShopper.com.

In February 2022, there were two homes sold, with a median sale price of $458,750 - a 26.1% decrease over the $620,500 median sale price for the same period of the previous year. There were 56 homes sold in Norwalk in February 2021.

The following table compares Norwalk to other Los Angeles County cities with similar median sale prices in February 2022:

CityFeb. 2022 Home SalesFeb. 2021 Home Sales% change (Total Home Sales)Feb. 2022 Median Sales PriceFeb. 2021 Median Sales Price% change (Median Sales Price)
Diamond Bar150-98%$700,000$661,5005.8%
Pomona178-98.7%$635,000$614,5003.3%
Compton237-94.6%$612,500$540,00013.4%
Culver City133-97%$580,000$1,025,010-43.4%
La Mirada132-96.9%$580,000$682,500-15%
Castaic 119-94.7%$540,000$655,500-17.6%
Long Beach1243-99.6%$530,000$680,000-22.1%
Palmdale3112-97.3%$505,000$473,0006.8%
South Gate328-89.3%$460,000$752,000-38.8%
Norwalk256-96.4%$458,750$620,500-26.1%
Lancaster1121-99.2%$440,000$465,000-5.4%

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