Market Intelligence · CT / Norwalk

Norwalk, CT 06851 Housing Market

The typical home value in Norwalk, CT 06851 is $673,970, up 4.9% over the past year. The median list price stands at $707,500, with homes taking 36 days on average to sell.

Updated September 2026Median value$674K

The median home value in Norwalk, CT 06851 is $674K as of September 2026, up 4.9% 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.

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Typical 06851 range

$620K to $728K

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

+4.9% over 12 months

Sep 2025$642K

Low $642KHigh $674K

Sep 2026$674K

The numbers

What is the 06851 housing market like?

As of September 2026

Typical home value

$674K

4.9%YoY

Median list price

$708K

2.4%MoM

Days on market

12.5%MoM

Homes for sale

2.7%MoM

Price cuts

5.5%

64.4%MoM

New listings

50.0%MoM

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

The outlook

06851 housing market forecast 2027

+1.8%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 06851 to rise 1.8% by September 2027.

Over the 12 months through September 2026, typical home values in 06851 rose 4.9%, per the Zillow Home Value Index.

Will home prices drop in 06851?

Zillow's forecast does not call for a drop: it expects typical home values in 06851 to rise 1.8% by September 2027, after a 4.9% 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.

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The comparison

How do 06851 home prices compare?

06851$673,970
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 shows 36 homes for sale in the 06851 ZIP, matching the 36 new listings that entered the market. The median days on market of 36 reflects a balanced pace for this area. With a price-cut share of 5.5%, most listings are holding their asking prices. The year-over-year appreciation of 4.9% suggests steady underlying demand, though the current inventory level means sellers should price competitively and be prepared for realistic negotiations.

Monthly payment

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Home price

Down payment20% · $134,794

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Rate (%)

Common questions

What people ask us.

What is the typical home value in 06851?

The typical home value is $673,970, up 4.9% over the past year as of September 2026.

How many homes are currently for sale in Norwalk 06851?

There are 36 homes for sale as of September 2026, with 36 new listings having entered the market.

How long do homes typically stay on the market here?

The median days on market is 36 as of September 2026.

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Nearby ZIP markets.

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