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NORWALK, CT 06854

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

Neighborhoods in ZIP 06854

Brookside · Golden Hill · Hospital Hill · Oak Hills · Rowayton · South Norwalk (SoNo) · Springwood · West Norwalk · Woodward

Market Analysis

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

The NORWALK, CT real estate market (06854) currently shows 44 active listings, with 23 pending sales. Homes are averaging 62 days on the market before going under contract.

Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 62 days on market compared to 19 days last year.

The median listing price has risen 8.3% year-over-year, from $480,725 to $520,625.

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

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

Market Overview

Active Listings
44
⇧ 10% vs 40 last year
Pending
23
52% pending ratio
Median Price
$520,625
⇧ 8.3% vs $480,725 last year
Average Price
$850,425
⇧ 58.2% vs $537,417 last year
Days on Market
62
⇧ 226.3% vs 19 days last year

Price Per Square Foot

Median $/sqft
$427
⇧ 16.7% vs $366/sqft last year
Median Home Size
1,136 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 44 this year vs 40 last year
  • Days on market: 62 now vs 19 last year

Median & Average Pricing

Year over Year
  • Median: $520,625 (+8.3% YoY)
  • Average: $850,425 (+58.2% 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 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 February 2026, there are 44 active listings in NORWALK, CT (zip code 06854), compared to 40 the prior year.

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

The median listing price in NORWALK, CT 06854 is $520,625 as of February 2026, a 8.3% increase from $480,725 the prior year.

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

Homes in NORWALK, CT 06854 spend an average of 62 days on the market before going under contract, compared to 19 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 February 2026, NORWALK, CT 06854 is currently a Buyer's Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 62 days on market compared to 19 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 $10,413 compared to a typical 5% commission on the median listing price of $520,625. 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.