|Apartment Size||Jul||vs Last Month|
|Studio for sale||$49,900||-82.3%|
|1 bed for sale||$124,450||N/A|
|2 bed for sale||$161,406||-14.7%|
|3 bed for sale||$226,000||-2.5%|
|4+ bed for sale||$282,462||+29.4%|
During Jul 2022, the average price for an apartment in/near Norwich, CT decreased by 7.1% to $204,644.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $124,450 with no changes this month. Asking price for 2-bed apartment also decreased by 14.7% and a place of this size will now cost you $161,406. A 3-bed apartment goes for $226,000, it decreased by 2.5% lately. We discerned the rise of 4- and more bed apartment price. It increased by 29.4% and made it up to $282,462.
|Listing Type||Jul||vs Last Month|
|Apartments for sale||$49,900||+43%|
|Townhouses for sale||$316,224||+12.3%|
|Houses for sale||$204,106||-12.1%|
|Condos for sale||$165,528||-22.5%|
|Land for sale||$108,412||N/A|
The average cost of an apartment in Norwich, CT rised by 43% to $49,900. Price reports demonstrate that house price decreased by 12.1% this month making it up to $204,106. Condos faced an upward trend these days. The median price for a condo decreased by 22.5%, it’s now available for $165,528. The property value of townhouses increased by 12.3%, you’ll have to spend around $316,224 to get one.