Market Intelligence · CT / Norwalk

Norwalk, CT 06851 Housing Market

In Norwalk's 06851, the typical home value is $683,169, up 4.6% over the past year. The median list price is $725,000, and homes spend a median of 32 days on market. There are 37 homes for sale, with 24 new listings.

Updated August 2026Median value$683K

The median home value in Norwalk, CT 06851 is $683K as of August 2026, up 4.6% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 06851 range

$629K to $738K

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.

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12-month value trend

+4.6% over 12 months

Typical home value in 06851 over the last 12 months: $653K in Aug 2025 to $683K in Aug 2026 (+4.6%).

Aug 2025$653K

Aug 2026$683K

The numbers

What is the 06851 housing market like?

Typical home value

$683K

Up4.6%YoY

Median list price

$725K

Down2.2%MoM

Days on market

32

Up14.3%MoM

Homes for sale

37

Up2.8%MoM

Price cuts

15.6%

Up101.6%MoM

New listings

24

Down14.3%MoM

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

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The comparison

How do 06851 home prices compare?

  • 06851$683,169
  • Norwalk$683,169
  • Connecticut$446,227
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Norwalk: 5 ZIPs; Connecticut: 258 ZIPs; United States: 26,265 ZIPs).

Context

The market in 06851 is not frozen, but it is selective. A median of 32 days on market gives buyers some time to compare homes, while 24 new listings keep choices fresh against 37 homes for sale. The typical value of $683,169 is up 4.6% over the past year, yet the median list price is $725,000, so pricing above the typical value needs support. With 15.6% of listings showing a price cut, some sellers are adjusting after the first impression. The honest takeaway is that a well priced home can still move, while an ambitious price can sit.

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