Why Live in Central Norwich
Sitting where the Shetucket and Yantic Rivers flow into the Thames River, Central Norwich encompasses the downtown and historic districts of Norwich, known as “The Rose of New England” for its natural beauty. “I like the historic charm,” says Kiki Sydnor, a Realtor with Re/Max One who’s sold homes in the area for nine years. “Even when I go to the municipal buildings, I'm always in awe of the architecture.” Many of Central Norwich’s homes and buildings were constructed in the 1800s and early 1900s, including Saint Patrick Cathedral, a Gothic Revival building whose bells can be heard throughout the day, and Norwich Free Academy, home to the Slater Memorial Museum. “They’re trying to do a lot of revitalization in Norwich,” Sydnor says. “They’re really trying to work with small businesses and bringing more of that into the town.” Homes are also being revitalized here, and Central Norwich is a popular place for employees of nearby casinos like Mohegan Sun and Foxwoods to rent or buy. Homes on the river’s north side were mostly built from the 1850s to the 1920s, and Queen Anne, Italianate, Greek Revival and American Foursquare houses can neighbor one another. Some sit far from the road
Home Trends in Central Norwich, CT
On average, homes in Central Norwich, Norwich sell after 51 days on the market compared to the national average of 51 days. The median sale price for homes in Central Norwich, Norwich over the last 12 months is $257,000, up 12% from the median home sale price over the previous 12 months.
Median Sale Price
$257,000
Median Single Family Sale Price
$269,000
Median Townhouse Sale Price
$247,000
Median 2 Bedroom Sale Price
$192,500
Median 1 Bedroom Sale Price
$137,500
Average Price Per Sq Ft
$190
Number of Homes for Sale
24
Last 12 months Home Sales
180
Median List Price
$250,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
12%