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July 2025 · Norwich
Norwich Housing Market Report for July 2025
18 residential properties closed in Norwich in July 2025. Average sold price of $763,481. 77.8% of homes sold below asking — buyers have negotiating leverage.
Avg Sold Price $763,481
Median Price $682,500
Sale / List 95.7%
Over Asking 5.6%
Avg DOM 91 days
Total Sold
18
all residential
Avg Sold Price
$763,481
all types
Median Price
$682,500
mid-point
Sale / List
95.7%
avg ratio
Over Asking
5.6%
of all sales
Avg DOM
91
days on market
Prices by Property Type
Norwich · July 2025
💰 Price Summary
Average Sold $763,481
Median Sold $682,500
Avg List Price $798,006
Lowest Sale $325,000
Highest Sale $2,000,000
Sale / List Ratio 95.7%
Luxury Sold
1
Avg Luxury
$2,000,000
Luxury Share
5.6%
📊 Competition
Sold over asking 5.6%
Sold at asking 16.7%
Sold under asking 77.8%
Avg Days on Market 91 days
Fast · 050Slow · 100+
🧊 Buyers market — 77.8% sold below asking. Avg 91 days on market.
💰 Price Summary
Average Sold $397,500
Median Sold $397,500
Avg List Price $404,400
Lowest Sale $350,500
Highest Sale $444,500
Sale / List Ratio 98.3%
📊 Competition
Sold over asking 0.0%
Sold at asking 0.0%
Sold under asking 100.0%
Avg Days on Market 42 days
Fast · 050Slow · 100+
🧊 Buyers market — 100% sold below asking. Avg 42 days on market.
💰 Price Summary
Average Sold $809,228
Median Sold $719,500
Avg List Price $847,206
Lowest Sale $325,000
Highest Sale $2,000,000
Sale / List Ratio 95.5%
Luxury Sold
1
Avg Luxury
$2,000,000
Luxury Share
6.3%
📊 Competition
Sold over asking 6.3%
Sold at asking 18.8%
Sold under asking 75.0%
Avg Days on Market 97 days
Fast · 050Slow · 100+
🧊 Buyers market — 75% sold below asking. Avg 97 days on market.
💰 Price Summary
Average Sold $397,500
Median Sold $397,500
Avg List Price $404,400
Lowest Sale $350,500
Highest Sale $444,500
Sale / List Ratio 98.3%
📊 Competition
Sold over asking 0.0%
Sold at asking 0.0%
Sold under asking 100.0%
Avg Days on Market 42 days
Fast · 050Slow · 100+
🧊 Buyers market — 100% sold below asking. Avg 42 days on market.
🏘
No multi-unit data for July 2025
There weren't enough multi-unit sales in
Norwich this month to generate a summary.
Nearby Cities · July 2025
Average sold price across all residential property types
| City | Avg Sold | Median | Sale / List | DOM | Conditions |
|---|---|---|---|---|---|
| Woodstock | $622,629 | $625,000 | 98.0% | 84d | 🧊 Buyers |
| Tillsonburg | $613,377 | $616,900 | 98.3% | 86d | 🧊 Buyers |
| South West Oxford | $720,814 | $755,000 | 98.0% | 119d | 🧊 Buyers |
| Norfolk | $692,917 | $617,500 | 97.3% | 88d | 🧊 Buyers |
Frequently Asked Questions
Norwich · July 2025
The average sold price across all residential types in Norwich was $763,481 in July 2025,
based on 18 closed transactions. The median was
$682,500.
Condos averaged $397,500, freehold averaged $809,228, and townhouses averaged $397,500.
The average Norwich home took 91 days to sell in July 2025.
Freehold properties averaged 97 days while condos averaged 42 days.
In July 2025, condos averaged $397,500 while freehold homes averaged $809,228 —
a gap of $411,728.
Norwich averaged $763,481 in July 2025. South West Oxford averaged $720,814. See the full July 2025 Ontario summary →
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Data note: Based on MLS® resale transaction data held in our system for Norwich, Ontario. Not official TRREB or CREA data. For general research only — consult a licensed real estate professional before making decisions.
