Market Intelligence · CT / Norwalk

Norwalk, CT 06850 Housing Market

Typical home values in Norwalk 06850 have climbed 5.5% over the past year, settling at $643,500 as of September 2026. The median list price stands at $634,000, with homes averaging 31 days on the market before sale.

Updated September 2026Median value$644K

The median home value in Norwalk, CT 06850 is $644K as of September 2026, up 5.5% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

Get a cash offer

Sell without the wait

Sell your Norwalk home for cash.

A competitive, no-obligation cash offer from our institutional network. No repairs, no showings, close on your timeline. Most sellers get their cash offer within 24 hours.

Typical 06850 range

$592K to $695K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

Not sure cash is the right move? Discuss your options with a licensed local pro, free.

Track my home's value

Asset monitoring

Track your home's value.

A free monthly briefing with your estimated value and 06850 market stats. Unsubscribe anytime.

See how a cash offer works citywide: Sell your house fast in Norwalk, CT.

12-month value trend

+5.5% over 12 months

Typical home value in 06850 over the last 12 months: $610K in Sep 2025 to $644K in Sep 2026 (+5.5%).

Sep 2025$610K

Sep 2026$644K

The numbers

What is the 06850 housing market like?

Typical home value

$644K

Up5.5%YoY

Median list price

$634K

Up2.3%MoM

Days on market

31

Up14.8%MoM

Homes for sale

23

Down11.5%MoM

Price cuts

0.0%

New listings

16

Down20.0%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

06850 housing market forecast 2027

+1.7%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 06850 to rise 1.7% by September 2027.

Over the 12 months through September 2026, typical home values in 06850 rose 5.5%, per the Zillow Home Value Index.

Will home prices drop in 06850?

Zillow's forecast does not call for a drop: it expects typical home values in 06850 to rise 1.7% by September 2027, after a 5.5% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

Free home value report

See what your 06850 home is worth.

See your estimated value and a real cash offer, side by side. No obligation, about a minute.

The comparison

How do 06850 home prices compare?

  • 06850$643,500
  • Norwalk$673,970
  • Connecticut$444,813
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Norwalk: 5 ZIPs; Connecticut: 258 ZIPs; United States: 26,262 ZIPs).

Context

September 2026 brought 16 new listings to 06850, bringing the total active inventory to 23 homes for sale. At a median of 31 days on market, homes are moving at a steady pace. The median list price of $634,000 aligns closely with the typical home value of $643,500, suggesting realistic pricing from sellers. Notably, no listings have carried a price reduction so far this season. For sellers, the combination of low inventory and price stability indicates a market where conditions favor those ready to list.

Monthly payment

Estimate your monthly payment.

20% · $128,700

Common questions

What people ask us.

What is the typical home value in Norwalk 06850?

The typical home value is $643,500 as of September 2026, up 5.5% over the past year.

How many homes are currently for sale in 06850?

There are 23 homes for sale as of September 2026, with 16 new listings added that month.

How long do homes typically stay on the market in 06850?

The median days on market is 31 as of September 2026.

Discover

Nearby ZIP markets.

Keep reading

Guides for sellers.