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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
Balanced Market
February 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 February 2026. Source: Realtor.com.

The NORWALK, CT real estate market (06850) currently shows 41 active listings, with 25 pending sales. Homes are averaging 38 days on the market before going under contract.

Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.

Homes are selling faster, averaging 38 days on market compared to 59 days last year.

The median listing price has risen 14.1% year-over-year, from $633,000 to $722,000.

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
41
⇧ 20.6% vs 34 last year
Pending
25
61% pending ratio
Median Price
$722,000
⇧ 14.1% vs $633,000 last year
Average Price
$771,664
⇧ 4.9% vs $735,766 last year
Days on Market
38
⇩ 35.6% vs 59 days last year

Price Per Square Foot

Median $/sqft
$377
⇧ 0.3% vs $376/sqft last year
Median Home Size
1,873 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 41 this year vs 34 last year
  • Days on market: 38 now vs 59 last year

Median & Average Pricing

Year over Year
  • Median: $722,000 (+14.1% YoY)
  • Average: $771,664 (+4.9% 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 10.8 miles — 502 listings ($1,155,927,667 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
06850Norwalk, CT 068500.0 mi38$26,769,784$655,000$704,468
06854Norwalk, CT 068542.5 mi35$24,904,250$542,500$711,550
06840New Canaan, CT 068403.7 mi59$239,396,158$3,095,000$4,057,562
06853Norwalk, CT 068533.9 mi6$11,691,000$1,847,000$1,948,500
06880Westport, CT 068805.1 mi93$358,866,261$3,450,000$3,858,777
06897Wilton, CT 068975.6 mi30$50,170,830$1,599,000$1,672,361
06903Stamford, CT 069036.7 mi33$63,544,239$1,374,500$1,925,583
06902Stamford, CT 069027.1 mi83$55,121,794$474,500$664,118
06883Weston, CT 068838.0 mi19$35,072,993$1,495,000$1,845,947
06807Cos Cob, CT 068079.0 mi11$18,434,625$1,879,000$1,675,875
06824Fairfield, CT 068249.1 mi72$196,621,056$1,898,500$2,730,848
06878Riverside, CT 068789.8 mi9$30,529,287$3,497,000$3,392,143
10506Bedford, NY 1050610.8 mi14$44,805,390$2,295,000$3,200,385

Frequently Asked Questions

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

As of February 2026, there are 41 active listings in NORWALK, CT (zip code 06850), compared to 34 the prior year.

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

The median listing price in NORWALK, CT 06850 is $722,000 as of February 2026, a 14.1% increase from $633,000 the prior year.

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

Homes in NORWALK, CT 06850 spend an average of 38 days on the market before going under contract, compared to 59 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 February 2026, NORWALK, CT 06850 is currently a Balanced Market. Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice. Homes are selling faster, averaging 38 days on market compared to 59 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 $14,440 compared to a typical 5% commission on the median listing price of $722,000. 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.