Current Price

$271,154

1 Month Forecast

â–² $293,310

1-Year Forecast *

â–² $306,515

5-Year Forecast *

â–² $372,450

"Is it a good time to buy homes in Norwich?" "Does investing in real estate in Norwich (Connecticut State, New London County) worth it?" According to our live Forecast System, buying a house in Norwich is a good short-term (1-year) investment*. The Norwich average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Norwich" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Norwich in Connecticut State, New London County. If you are looking for homes for sale with good flipping profit, Norwich can be a profitable property investment option. The median price of an average house in Norwich was 271,154 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Norwich" area is 372,450 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +37.36% meaning that investing 100000 USD today may yield a profit of 37,357 USD by 2031.

Current Median Listing Price: 271,154 USD Median Listing Price Per Square Foot: 151 USD

Norwich Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Norwich (Connecticut State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Norwich Price Target

Norwich median home price target in 12 months: $306,515* (upside of 13.0%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $279,389 $291,905 $279,389 $291,905
2024 $248,229 $271,154 $248,229 $271,154
2023 $225,030 $247,259 $225,030 $247,259
2022 $204,243 $224,666 $204,243 $224,666
2021 $178,339 $201,424 $178,339 $201,424
2020 $157,446 $174,577 $157,446 $174,577
2019 $151,797 $156,202 $151,797 $156,202
2018 $149,018 $151,245 $149,018 $151,245
2017 $140,917 $148,261 $140,917 $148,261
2016 $138,145 $140,271 $137,192 $140,271
2015 $137,117 $138,331 $134,654 $138,331
2014 $143,892 $138,868 $138,868 $143,913
2013 $139,387 $143,887 $138,939 $143,887
2012 $142,249 $139,906 $139,906 $142,645

Questions & Answers about the Norwich Housing Market Forecast

How much does an average home cost in Norwich today?

The value of an average home (the listing price) in Norwich is $271,154 USD.

What is the average price per square foot in Norwich?

According to Walletinvestor the median price per square foot in Norwich is 151 USD.

Will the median listing price of homes in Norwich grow / rise / go up?

Yes. The Norwich home prices may rise from 271,154 USD to 306,515 USD in one year.

Is it profitable to invest in Norwich homes?

Yes. The long-term profit potential is +13.04% in one year.

Will Norwich house prices fall / drop?

No. See above.

What is the predicted price of a Norwich home in 2030?

The predicted home sales price of a Norwich home in 2030 in Norwich is 355,202 USD.

What is the predicted price of a Norwich home in 2035?

The predicted home sales price of a Norwich home in 2035 in Norwich is 456,560 USD.

Will real estate prices decrease in Norwich?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Norwich is the 1529. largest city in the United States, located in Connecticut State.

During the last 12 months the real estate prices in New London, Norwich decreased, looking at the past 12 months.

According to Walletinvestor's Norwich real estate market research, home values will increase in the next 12 months.

Median home values decreased by 5.240% to 271,154 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 11.721% in 2021
  • 13.721% in 2022
  • 14.791% in 2023
  • 11.311% in 2024
  • 13.251% in 2025
  • 13.691% in 2026

Based on our Norwich real estate market research and report the predicted sales prices will increase by 240.687% in the next 10 years.

Over the last 12 months, the value of homes in Norwich fluctuated: increasing 4 times .

Norwich (Connecticut) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Norwich Housing Market Forecast with Real Estate Prices for 2025
August 2025 293310 271312 315309
September 2025 294722 273502 315942
October 2025 296141 273930 318351
November 2025 297566 281795 313337
December 2025 298998 269696 328300
Norwich Housing Market Forecast with Real Estate Prices for 2026
January 2026 299717 270645 328790
February 2026 299969 272972 326966
March 2026 300684 284447 316921
April 2026 302132 280680 323583
May 2026 303586 283246 323926
June 2026 305047 280338 329756
July 2026 306515 278622 334408
August 2026 307991 283043 332938
September 2026 309473 288119 330827
October 2026 310963 287951 333974
November 2026 312459 284963 339956
December 2026 313180 292197 334163
Norwich Housing Market Forecast with Real Estate Prices for 2027
January 2027 313057 294900 331214
February 2027 312973 294820 331125
March 2027 313619 290098 337141
April 2027 314254 286600 341909
May 2027 314764 286435 343092
June 2027 315543 292193 338894
July 2027 317025 287542 346509
August 2027 318551 300394 336709
September 2027 320085 288396 351773
October 2027 321625 297825 345425
November 2027 323173 305076 341271
December 2027 324729 295503 353954
Norwich Housing Market Forecast with Real Estate Prices for 2028
January 2028 326292 306062 346522
February 2028 327862 308191 347534
March 2028 329440 302097 356784
April 2028 330811 305669 355952
May 2028 332108 313510 350707
June 2028 333707 307344 360070
July 2028 335313 316536 354091
August 2028 336927 305256 368598
September 2028 338549 315866 361232
October 2028 340178 313644 366712
November 2028 341816 321307 362325
December 2028 343461 318045 368877
Norwich Housing Market Forecast with Real Estate Prices for 2029
January 2029 345114 321301 368927
February 2029 346775 314872 378679
March 2029 348444 314994 381895
April 2029 350122 328064 372179
May 2029 351807 321551 382062
June 2029 353500 318504 388497
July 2029 355202 325720 384683
August 2029 356911 324789 389033
September 2029 358373 335079 381667
October 2029 359844 324219 395468
November 2029 361576 331927 391225
December 2029 363316 328438 398194
Norwich Housing Market Forecast with Real Estate Prices for 2030
January 2030 365065 345716 384413
February 2030 366822 347747 385897
March 2030 368588 340944 396232
April 2030 370362 350362 390361
May 2030 371252 345265 397240
June 2030 371564 349641 393486
July 2030 372450 349731 395170
August 2030 374243 354782 393704
September 2030 376044 356114 395975
October 2030 377854 350649 405060
November 2030 379673 351197 408148
December 2030 381500 353269 409731
Norwich Housing Market Forecast with Real Estate Prices for 2031
January 2031 383337 359186 407487
February 2031 385182 353597 416767
March 2031 387036 353364 420708
April 2031 387929 361937 413920
May 2031 387776 360632 414920
June 2031 387672 353944 421399
July 2031 388472 364387 412558
August 2031 389259 353836 424681
September 2031 389890 362597 417182
October 2031 390856 351770 429941
November 2031 392691 372664 412719
December 2031 394581 365382 423780
Norwich Housing Market Forecast with Real Estate Prices for 2032
January 2032 396481 376657 416305
February 2032 398389 361737 435041
March 2032 400307 378290 422323
April 2032 402233 379306 425161
May 2032 404169 379919 428420
June 2032 406115 372001 440228
July 2032 408069 372567 443572

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.