Market Intelligence · CT / Norwalk

Norwalk, CT 06854 Housing Market

Typical home value in Norwalk, CT 06854 reached $576,318 as of September 2026, up 7.8% over the past year. The median list price stands at $574,500, with homes spending a median of 43 days on market.

Updated September 2026Median value$576K

The median home value in Norwalk, CT 06854 is $576K as of September 2026, up 7.8% 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 06854 range

$530K to $622K

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

+7.8% over 12 months

Sep 2025$535K

Low $535KHigh $576K

Sep 2026$576K

The numbers

What is the 06854 housing market like?

As of September 2026

Typical home value

$576K

7.8%YoY

Median list price

$575K

6.6%MoM

Days on market

13.2%MoM

Homes for sale

26.5%MoM

Price cuts

16.6%

248.1%MoM

New listings

12.5%MoM

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

The outlook

06854 housing market forecast 2027

+1.6%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 06854 to rise 1.6% by September 2027.

Over the 12 months through September 2026, typical home values in 06854 rose 7.8%, per the Zillow Home Value Index.

Will home prices drop in 06854?

Zillow's forecast does not call for a drop: it expects typical home values in 06854 to rise 1.6% by September 2027, after a 7.8% 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 06854 home prices compare?

06854$576,318
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 neighborhood has 43 homes for sale as of September 2026, with 18 new listings added recently. The median days on market of 43 suggests a balanced pace of sales activity. A notable indicator is that 16.6% of listings have seen price reductions, suggesting some sellers are adjusting expectations. Despite the year-over-year appreciation of 7.8%, the presence of price cuts indicates that the market is cooling from recent momentum. Sellers should be realistic about timing and pricing in this environment.

Monthly payment

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Home price

Down payment20% · $115,264

Term

Rate (%)

Common questions

What people ask us.

What is a typical home value in Norwalk, CT 06854?

As of September 2026, the typical home value is $576,318, which has increased 7.8% over the past year.

How long do homes stay on the market in this ZIP?

The median days on market is 43 days as of September 2026.

How many homes are currently for sale in 06854?

There are 43 homes for sale as of September 2026, with 18 new listings recently added.

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