Norwalk, OH home prices
Typical home $195,473 · +4.6% in a year · income needed $56,600
The Norwalk, OH metro area ranks 657 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +4.6% in a year and +28.0% over five years. With 20% down at 7.11%, the typical home costs about $1,322 a month including 1.05% property tax (Huron County rate).
Mortgage on the typical Norwalk home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $39,095 | $156,379 | $1,052 | $0 | $270 | $1,322 | $56,600 |
| 10% down | $19,547 | $175,926 | $1,183 | $73 | $270 | $1,526 | $65,400 |
| 5% down | $9,774 | $185,700 | $1,249 | $77 | $270 | $1,596 | $68,400 |
| 3.5% down (FHA) | $6,842 | $191,933 | $1,291 | $86 | $270 | $1,647 | $70,600 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.05% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Norwalk area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Huron County, OH | $195,481 | +4.6% | 1.05% |
What can you afford in Ohio on your salary? · Ohio home prices · Salaries in Ohio
Frequently asked questions
How much is a house in Norwalk?
The typical home in the Norwalk, OH metro area is worth $195,473 (Zillow, September 2026).
What salary do you need to buy a house in Norwalk?
About $56,600 a year for the typical home with 20% down at 7.11%.