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Broad River Hospital Hill Norwalk Center Oak Hills Silvermine Spring Hill West Norwalk West Rocks

NORWALK, CT 06850

Real Estate Market Report  ·  Western Connecticut Planning Region County
Balanced Market
April 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 06850

Broad River · Hospital Hill · Norwalk Center · Oak Hills · Silvermine · Spring Hill · West Norwalk · West Rocks

Market Analysis

Data as of April 2026. Source: Realtor.com.

The NORWALK, CT real estate market (06850) currently shows 42 active listings, with 25 pending sales. Homes are averaging 24 days on the market before going under contract.

Inventory has tightened compared to last year, with 12 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 24 days on market compared to 23 days last year.

The median listing price has risen 5.7% year-over-year, from $596,000 to $629,950.

Whether you are buying or selling in NORWALK, CT, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 19,286  ·  Density: 1,098.1/mi²  ·  Median household income: $115,958

Typical home value: $532,531  ·  Homeownership: 57.5%

Market Overview

Active Listings
42
⇩ 22.2% vs 54 last year
Pending
25
60% pending ratio
Median Price
$629,950
⇧ 5.7% vs $596,000 last year
Average Price
$689,795
⇩ 17% vs $830,942 last year
Days on Market
24
⇧ 4.3% vs 23 days last year

Price Per Square Foot

Median $/sqft
$414
⇧ 7.5% vs $385/sqft last year
Median Home Size
1,285 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 42 this year vs 54 last year
  • Days on market: 24 now vs 23 last year

Median & Average Pricing

Year over Year
  • Median: $629,950 (+5.7% YoY)
  • Average: $689,795 (-17% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 10.9 miles — 506 listings ($1,411,024,350 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
06850Norwalk, CT 068500.0 mi41$27,107,519$605,000$661,159
06854Norwalk, CT 068542.5 mi44$38,242,424$550,000$869,146
06840New Canaan, CT 068403.7 mi64$255,090,560$3,014,375$3,985,790
06853Norwalk, CT 068533.9 mi10$29,050,830$2,661,000$2,905,083
06880Westport, CT 068805.1 mi99$376,634,907$3,225,000$3,804,393
06897Wilton, CT 068975.6 mi40$54,605,960$1,172,750$1,365,149
06903Stamford, CT 069036.7 mi33$66,431,640$1,722,500$2,013,080
06902Stamford, CT 069027.1 mi78$49,942,464$392,500$640,288
06890Southport, CT 068908.1 mi11$38,834,719$1,900,000$3,530,429
10576Pound Ridge, NY 105769.0 mi10$25,719,780$2,612,500$2,571,978
06870Old Greenwich, CT 068709.4 mi8$18,364,000$2,143,500$2,295,500
10590South Salem, NY 1059010.1 mi9$16,261,407$1,650,000$1,806,823
06830Greenwich, CT 0683010.9 mi59$414,738,140$3,874,500$7,029,460

Frequently Asked Questions

How many homes are for sale in NORWALK, CT 06850?

As of April 2026, there are 42 active listings in NORWALK, CT (zip code 06850), compared to 54 the prior year.

What is the median home price in NORWALK, CT 06850?

The median listing price in NORWALK, CT 06850 is $629,950 as of April 2026, a 5.7% increase from $596,000 the prior year.

How long do homes stay on the market in NORWALK, CT?

Homes in NORWALK, CT 06850 spend an average of 24 days on the market before going under contract, compared to 23 days the prior year.

Is it a seller's or buyer's market in NORWALK, CT 06850?

Based on current inventory and days-on-market data as of April 2026, NORWALK, CT 06850 is currently a Balanced Market. Inventory has tightened compared to last year, with 12 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 24 days on market compared to 23 days last year.

How much can I save on real estate commission in NORWALK, CT?

With SELL123.com's maximum 3% commission, sellers in NORWALK, CT 06850 save an estimated $12,599 compared to a typical 5% commission on the median listing price of $629,950. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.