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NORWALK, CT 06851

Real Estate Market Report  ·  Western Connecticut Planning Region County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
50
⇧ 19% vs 42 last year
Pending
28
56% pending ratio
Median Price
$658,500
⇩ 5.9% vs $700,000 last year
Average Price
$650,875
⇩ 14.4% vs $760,333 last year
Days on Market
76
⇧ 10.1% vs 69 days last year

Market Context

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

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

Market Analysis

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

The NORWALK, CT real estate market (06851) currently shows 50 active listings, with 28 pending sales. Homes are averaging 76 days on the market before going under contract.

Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 76 days on market compared to 69 days last year.

The median listing price has fallen 5.9% year-over-year, from $700,000 to $658,500.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 50 this year vs 42 last year
  • Days on market: 76 now vs 69 last year

Median & Average Pricing

Year over Year
  • Median: $658,500 (-5.9% YoY)
  • Average: $650,875 (-14.4% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 10.9 miles — 488 listings ($885,416,039 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
06851Norwalk, CT 068510.0 mi50$32,543,750$658,500$650,875
06880Westport, CT 068803.0 mi93$358,866,261$3,450,000$3,858,777
06854Norwalk, CT 068543.6 mi35$24,904,250$542,500$711,550
06853Norwalk, CT 068535.1 mi6$11,691,000$1,847,000$1,948,500
06820Darien, CT 068205.8 mi20$96,067,280$3,195,000$4,803,364
06883Weston, CT 068836.4 mi19$35,072,993$1,495,000$1,845,947
06824Fairfield, CT 068246.9 mi72$196,621,056$1,898,500$2,730,848
06905Stamford, CT 069058.1 mi33$29,707,425$655,000$900,225
06901Stamford, CT 069019.2 mi12$4,911,000$395,000$409,250
06902Stamford, CT 069029.3 mi83$55,121,794$474,500$664,118
06605Bridgeport, CT 066059.8 mi19$7,130,244$337,000$375,276
06612Easton, CT 0661210.2 mi16$24,488,576$1,079,000$1,530,536
06604Bridgeport, CT 0660410.9 mi30$8,290,410$225,000$276,347

Frequently Asked Questions

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

As of January 2026, there are 50 active listings in NORWALK, CT (zip code 06851), compared to 42 the prior year.

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

The median listing price in NORWALK, CT 06851 is $658,500 as of January 2026, a 5.9% decrease from $700,000 the prior year.

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

Homes in NORWALK, CT 06851 spend an average of 76 days on the market before going under contract, compared to 69 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 January 2026, NORWALK, CT 06851 is currently a Buyer's Market. Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 76 days on market compared to 69 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 $13,170 compared to a typical 5% commission on the median listing price of $658,500. 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.