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Norwalk Real Estate Market Conditions
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Demographics near Norwalk, CA
Norwalk Homes for SaleNorwalk, California, is a small suburban city with almost 105,549 inhabitants. It is situated 12 miles away from Garden Cove and 17 miles away from downtown L.A. The city is included in the Council of Governments of Gateway Cities and it is run by a City Council. The sister cities of Norwalk are Sonora, Morelia, Hermosillo and Michoacan in Mexico. The city is bordered by Santa Fe Springs, Artesia, Cerritos, Bellflower and Downey. Norwalk is served by 4 schools districts: Little Lake School District, Whitter Union School District, ABC Unified School District and Norwalk-La Miranda School District.Norwalk Homes for Sale and Real EstateNorwalk became the 66th city in Los Angeles County in 1957, when it was incorporated. Since then, the city has developed and evolved a lot. Its population grew and so did the real estate market. Right now, Norwalk features almost 27,130 households and 28,083 housing units. The average density of residences is 2, 88/sq mile. Out of the total number of housing units, 9,459 were rentals and 17,671 were occupied by owners. Norwalk features a 3.8% rate of rental vacancy and 1.4% rate of homeowner vacancy. Rental housing units are inhabited by 33,754 individuals and owner-occupied units are inhabited by 70,180 people. The median house value is $333,300 and the median rent is $1,330 per month. Moreover, Norwalk offers a large selection of housing units including mobile homes, detached houses, 5-unit structures, townhouses, 3 or 4 unit structures, attached units and 2-unit structures.Norwalk CommunitiesNorwalk includes communities like:
Norwalk Employment OpportunitiesThe unemployment rate in Norwalk is 11.8%, which is higher than the average rate of 10.4% reported in the state of California. Most residents are employed in industries like maintenance and repair, construction, transportation equipment, waste management, support and administrative services, educational services, food and accommodation services and metal products. In addition, the most common occupations are mobile equipment and vehicle repairers, installers and mechanics, supervisors, truck drivers, sales workers, plastic workers, metal workers, material distributing, dispatching, scheduling and recording workers. The main companies with branches and businesses in Norwalk are:
Norwalk Attractions and Places of InterestNorwalk is a friendly community with hospitable residents and a lot of things to do in and around the city. Even though it’s quite small, it does feature a wide array of attractions for tourists and visitors. One of the main attractions in Norwalk is the Cerritos Center for the Performing Arts. It is located near the city center and it’s one of the finest conference and performing arts facility. It offers great shows with theater, dance and music and over the years it hosted performances held by names like Whitney Houston, Frank Sinatra and Royal Shakespeare Company. Another interesting attraction in Norwalk is the Knott’s Soak City, a water adventure park that offers activities for people of all ages. Near the park, there is the Knott’s Berry Farm that produces and preserves delicious jams. Those who are interested in history are welcomed at the Rancho Los Cerritos Historic, a place where people can discover Southern California’s tumultuous past. Finally, there is the Walter Pyramid, a multipurpose stadium that hosts various events. Other interesting Norwalk attractions are:
Norwalk Transportation and CommutingNorwalk’s main feature is its location. The city is crossed by a large regional transportation network and offers instant access to the Orange and Los Angeles Counties. There are 4 freeways that serve the Norwalk community. These are Interstate 105, Interstate 5 Freeway, 605 Freeway and 91 Freeway. The closest airport is the Los Angeles International Airport. The city is also served by 2 commuter rail lines: MetroLink system and Metro Green Line. These 2 lines provide connections with San Diego, Riverside, Ventura, San Bernardino and Orange counties and with LAX and downtown Los Angeles.More Information on Homes for Sale in NorwalkNorwalk WeatherThe average high temperature in July is 84.06 degrees, with an average low temperature in January of 46.37 degrees. The average rainfall is approximately 15.07 inches per year, with inches of snow per year. No weather information available. Homes for Sale in NorwalkNorwalk MapNorwalk real estate officesSort by:
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