Real Estate Market Update for 90650 (Norwalk, CA)
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Welcome to May's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of May. The number of active listings was down 61% from one year earlier, and down 36% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just over 370-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 11%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 360-thousand dollars. The number of units sold decreased 20% year-over-year, and decreased 18% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for 90650 (Norwalk, CA)
Area Information for 90650 (Norwalk, CA)
  • Population: 106,652
  • Median Age: 32.28 yr
  • Median Commute Time: 23.37 mins
  • Educational Climate*: 3
  • Sales Tax: 9%
  • Population Density: 10,874/sq mi
  • Population Change Since 2000: 2.69%
  • Closest Airport: Long Beach /daugherty Field/
  • Closest College: Fremont College
  • Closest Jr. College: Cerritos College
  • Median Household Income: $60,800
  • Annual Residential Turnover: 16.33%
  • Median Years in Residence: 4.38 yr
  • Median Home Sales Price: $260,000
  • Closest Major Sports Team: Cd Chivas Usa
  • Change Avg. Household Income Since 2000: 32%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 90650 (Norwalk, CA)
Median Age: 32.28 Married: 27% Number of Households: 27,399 Households with Children: 13,509
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 90650 (Norwalk, CA)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      St. John Of God Elementary School 0.1 mi Catholic PRESCHOOL-8 0 4
      Liberty Baptist Academy 0.3 mi Private K-12 0 0
      Julia B. Morrison Elementary School 0.3 mi Public K-5 3-5 4
      Cesar Chavez Elementary School 0.5 mi Public K-6 2 3
      Norwalk High School 0.5 mi Public 9-12 2-5 3
      Joyland Preschool 0.6 mi Private PRESCHOOL-1 0 4
      Nettie L. Waite Middle School 0.7 mi Public 6-8 1 2
      D. D. Johnston Elementary School 0.8 mi Public K-5 3 3
      Los Alisos Middle School 0.8 mi Public 6-8 3 4
      John H. Nuffer Elementary School 0.8 mi Public K-5 1 3
      New Harvest Christian School 0.9 mi Private PRESCHOOL-12 0 4
      Corvallis Middle School 0.9 mi Public 6-8 2 4
      Norwalk Christian Academy 0.9 mi Private K-6 0 4
      Brethren Elementary School 0.9 mi Private PRESCHOOL-6 0 0
      Thomas B. Moffitt Elementary School 0.9 mi Public K-5 1 2
      Earl E. Edmondson Elementary School 1.0 mi Public K-5 2-5 3
      Paddison Elementary School 1.0 mi Public K-5 4 3
      William W. Orr Elementary School 1.0 mi Public K-5 3 4
      Loretta Lampton Elementary School 1.0 mi Public K-5 3-5 4
      New River Elementary School 1.2 mi Public PRESCHOOL-5 2-5 4
      Three In One Christian Academy 1.2 mi Private PRESCHOOL-10 0 0
      Trouble Free Educational School 1.2 mi Private 5-12 0 5
      Pioneer Baptist School 1.3 mi Private PRESCHOOL-8 0 4
      John Dolland Elementary School 1.4 mi Public K-5 3 0
      Anna M. Glazier Elementary School 1.4 mi Public PRESCHOOL-5 2-5 4
      St. Linus Elementary School 1.5 mi Catholic PRESCHOOL-8 0 4
      John H. Glenn High School 1.5 mi Public 9-12 2-5 3
      Cresson Elementary School 1.6 mi Public K-5 3 3
      Arturo Sanchez Elementary School 1.6 mi Public K-5 2 4
      Lakeland Elementary School 1.6 mi Public K-5 3-5 3
      Norwalk Christian School 1.6 mi Private PRESCHOOL-8 0 4
      Studebaker Elementary School 1.7 mi Public K-5 4 5
      Lakeside Middle School 1.8 mi Public 6-8 3 4
      Trinity Christian School 1.8 mi Private PRESCHOOL-8 0 5
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2014
      Local Weather for 90650 (Norwalk, CA)
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.