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South Norwalk

NORWALK, CT 06854

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

Market Overview

Active Listings
35
⇧ 6.1% vs 33 last year
Pending
14
40% pending ratio
Median Price
$542,500
⇩ 13.4% vs $626,450 last year
Average Price
$711,550
⇧ 13.6% vs $626,238 last year
Days on Market
65
⇧ 51.2% vs 43 days last year

Market Context

Population: 32,228  ·  Density: 2,587.5/mi²  ·  Median household income: $80,398

Typical home value: $429,417  ·  Homeownership: 46.4%

Market Analysis

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

The NORWALK, CT real estate market (06854) currently shows 35 active listings, with 14 pending sales. Homes are averaging 65 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 65 days on market compared to 43 days last year.

The median listing price has fallen 13.4% year-over-year, from $626,450 to $542,500.

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: 35 this year vs 33 last year
  • Days on market: 65 now vs 43 last year

Median & Average Pricing

Year over Year
  • Median: $542,500 (-13.4% YoY)
  • Average: $711,550 (+13.6% 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 12.0 miles — 417 listings ($1,441,263,634 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
06854Norwalk, CT 068540.0 mi35$24,904,250$542,500$711,550
06855Norwalk, CT 068551.8 mi10$11,030,560$775,000$1,103,056
06820Darien, CT 068202.9 mi20$96,067,280$3,195,000$4,803,364
06907Stamford, CT 069074.8 mi11$6,340,895$524,000$576,445
06880Westport, CT 068805.6 mi93$358,866,261$3,450,000$3,858,777
06905Stamford, CT 069055.9 mi33$29,707,425$655,000$900,225
06904Stamford, CT 069046.4 mi2$5,990,000$2,995,000$2,995,000
06897Wilton, CT 068978.0 mi30$50,170,830$1,599,000$1,672,361
06890Southport, CT 068908.2 mi7$33,972,169$1,925,000$4,853,167
06807Cos Cob, CT 068078.7 mi11$18,434,625$1,879,000$1,675,875
06824Fairfield, CT 068249.7 mi72$196,621,056$1,898,500$2,730,848
06830Greenwich, CT 0683010.6 mi55$355,411,155$2,850,000$6,462,021
06831Greenwich, CT 0683112.0 mi38$253,747,128$4,750,000$6,677,556

Frequently Asked Questions

How many homes are for sale in NORWALK, CT 06854?

As of January 2026, there are 35 active listings in NORWALK, CT (zip code 06854), compared to 33 the prior year.

What is the median home price in NORWALK, CT 06854?

The median listing price in NORWALK, CT 06854 is $542,500 as of January 2026, a 13.4% decrease from $626,450 the prior year.

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

Homes in NORWALK, CT 06854 spend an average of 65 days on the market before going under contract, compared to 43 days the prior year.

Is it a seller's or buyer's market in NORWALK, CT 06854?

Based on current inventory and days-on-market data as of January 2026, NORWALK, CT 06854 is currently a Buyer's Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 65 days on market compared to 43 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 06854 save an estimated $10,850 compared to a typical 5% commission on the median listing price of $542,500. 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.