Is Norwich, KS 67118 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Norwich is a seller’s market. With about 3.2 months of supply and 33% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply3.2Under 4 months = seller’s market
Sold above original list33.3%Share of sales, last 3 months
Median sale-to-list102.1%Sold price ÷ list price
Median days on market10Listing to accepted offer
Median price per sq ft$110▲ +98.3% vs. last year

The Norwich housing market right now

In the three months ending August 31, 2026, 33% of homes in Norwich, KS 67118 sold above their list price, the typical home went under contract in 10 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 3 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (42 days then) and the median sale price rose 47% to $139,939. Overall, Norwich is more competitive than a year ago, so tougher for buyers.

Nearby, buyers who want less competition could look at Nashville 67112 (0% sold over asking) or Kingman 67068 (0% sold over asking).

Nearby markets

Cunningham 67035 — /sq ftKingman 67068Seller’s market $120 /sq ftMurdock 67111 — /sq ftNashville 67112 $44 /sq ft Browse all markets →

Where Norwich is

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Questions about Norwich real estate

Is Norwich a buyer’s or seller’s market?

A seller’s market: there were 3.2 months of supply in Norwich, KS 67118 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Norwich?

The typical home went under contract in 10 days in the latest three months.

Do homes in Norwich sell over asking?

33% of homes sold above their original list price, and the typical sale closed at 102.1% of the list price.

What are property taxes in Norwich?

About 1.74% of a home’s value a year in Kingman County, or roughly $6,960 on a $400,000 home.

What is the median home price in Norwich?

The median sale price was $139,939 in the three months ending August 31, 2026, about $110 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology