Market Intelligence · CT / Norwalk

Norwalk, CT 06853 Housing Market

Homes in Norwalk, CT 06853 are valued at a typical price of $2,331,198, up 16.2% over the past year. The median list price sits at $4,220,000, and homes spend a median of 49 days on market.

Updated September 2026Median value$2331K

The median home value in Norwalk, CT 06853 is $2.33M as of September 2026, up 16.2% 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 06853 range

$2.14M to $2.52M

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

+16.2% over 12 months

Typical home value in 06853 over the last 12 months: $2.01M in Sep 2025 to $2.33M in Sep 2026 (+16.2%).

Sep 2025$2.01M

Sep 2026$2.33M

The numbers

What is the 06853 housing market like?

Typical home value

$2.33M

Up16.2%YoY

Median list price

$4.22M

Down9.1%MoM

Days on market

49

Up16.7%MoM

Homes for sale

8

Up14.3%MoM

Price cuts

0.0%

New listings

0

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

The outlook

06853 housing market forecast 2027

+2.5%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 06853 to rise 2.5% by September 2027.

Over the 12 months through September 2026, typical home values in 06853 rose 16.2%, per the Zillow Home Value Index.

Will home prices drop in 06853?

Zillow's forecast does not call for a drop: it expects typical home values in 06853 to rise 2.5% by September 2027, after a 16.2% 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 06853 home prices compare?

  • 06853$2,331,198
  • 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

The 06853 ZIP shows a strong year-over-year appreciation of 16.2%, reflecting sustained demand in this Norwalk neighborhood. With 8 homes currently for sale and a median time on market of 49 days, the inventory remains tight. The median list price of $4,220,000 marks the top end of the market here. No listings have taken a price cut as of September 2026. For sellers, the data suggests confidence in current pricing, though the small inventory pool means timing and presentation remain important.

Monthly payment

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20% · $466,240

Common questions

What people ask us.

What is the typical home value in 06853?

The typical home value is $2,331,198, up 16.2% over the past year as of September 2026.

How many homes are for sale in Norwalk 06853 right now?

There are 8 homes for sale as of September 2026.

How long do homes typically stay on the market in 06853?

Homes spend a median of 49 days on market in this ZIP.

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