|Apartment Size||May||vs Last Month|
|Studio for sale||$129,900||N/A|
|1 bed for sale||$113,380||+8.6%|
|2 bed for sale||$201,380||+8.5%|
|3 bed for sale||$225,764||-5.7%|
|4+ bed for sale||$292,829||-6%|
During May 2022, the average price for an apartment in/near Norwich, CT decreased by 2.4% to $246,521.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $113,380 with no changes this month. Asking price for 2-bed apartment remains the same, a place of this size will still cost you $201,380. Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $225,764. According to statistics, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $292,829 for a big-family home.
|Listing Type||May||vs Last Month|
|Townhouses for sale||$227,450||-45.3%|
|Houses for sale||$259,187||+7.6%|
|Condos for sale||$174,966||+4%|
|Lofts for sale||$284,933||N/A|
|Land for sale||$260,760||N/A|
According to statistics, average house is still $259,187 with no significant changes this month. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $174,966. The price statistics of lofts have not significantly changed, it now still goes for $284,933. Value of the townhouses didn’t change, the price still starts at $227,450.