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Cranbury Norwalk Center Spring Hill Strawberry Hill The Green West Main West Rocks Wolfpit Woods Pond

NORWALK, CT 06851

Real Estate Market Report
Buyer's Market
September 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 06851

Cranbury · Norwalk Center · Spring Hill · Strawberry Hill · The Green · West Main · West Rocks · Wolfpit · Woods Pond

Market Analysis

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

The NORWALK, CT real estate market (06851) currently shows 80 active listings, with 45 pending sales. Homes are averaging 36 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 36 days on market compared to 20 days last year.

The median listing price has fallen 1.1% year-over-year, from $715,475 to $707,500.

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Market Context

Market Context

Population: 28,217  ·  Density: 1,417.4/mi²  ·  Median household income: $103,156

Typical home value: $522,110  ·  Homeownership: 58.7%

Market Overview

Active Listings
80
⇧ 1.3% vs 79 last year
Pending
45
56% pending ratio
Median Price
$707,500
⇩ 1.1% vs $715,475 last year
Average Price
$686,247
⇩ 2.1% vs $700,855 last year
Days on Market
36
⇧ 80% vs 20 days last year

Price Per Square Foot

Median $/sqft
$374
⇧ 0.8% vs $371/sqft last year
Median Home Size
1,759 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 80 this year vs 79 last year
  • Days on market: 36 now vs 20 last year

Median & Average Pricing

Year over Year
  • Median: $707,500 (-1.1% YoY)
  • Average: $686,247 (-2.1% 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 11.2 miles — 479 listings ($992,874,567 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
06851Norwalk, CT 068510.0 mi42$28,263,438$622,450$672,939
06880Westport, CT 068803.0 mi99$376,634,907$3,225,000$3,804,393
06854Norwalk, CT 068543.6 mi44$38,242,424$550,000$869,146
06853Norwalk, CT 068535.1 mi10$29,050,830$2,661,000$2,905,083
06820Darien, CT 068205.8 mi26$125,791,250$3,447,250$4,838,125
06883Weston, CT 068836.4 mi19$36,691,983$1,537,250$1,931,157
06824Fairfield, CT 068246.9 mi81$214,391,772$1,811,750$2,646,812
06905Stamford, CT 069058.1 mi37$29,403,160$575,750$794,680
06901Stamford, CT 069019.2 mi14$5,652,822$403,500$403,773
06902Stamford, CT 069029.3 mi78$49,942,464$392,500$640,288
10576Pound Ridge, NY 1057610.2 mi10$25,719,780$2,612,500$2,571,978
10590South Salem, NY 1059010.5 mi9$16,261,407$1,650,000$1,806,823
06807Cos Cob, CT 0680711.2 mi10$16,828,330$1,861,000$1,682,833

Frequently Asked Questions

How many homes are for sale in NORWALK, CT 06851?

As of September 2026, there are 80 active listings in NORWALK, CT (zip code 06851), compared to 79 the prior year.

What is the median home price in NORWALK, CT 06851?

The median listing price in NORWALK, CT 06851 is $707,500 as of September 2026, a 1.1% decrease from $715,475 the prior year.

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

Homes in NORWALK, CT 06851 spend an average of 36 days on the market before going under contract, compared to 20 days the prior year.

Is it a seller's or buyer's market in NORWALK, CT 06851?

Based on current inventory and days-on-market data as of September 2026, NORWALK, CT 06851 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 36 days on market compared to 20 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 06851 save an estimated $14,150 compared to a typical 5% commission on the median listing price of $707,500. 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.