What is a typical home worth in 06854?

A typical home in this ZIP is valued at $586,328, reflecting a 7.3% increase over the past year.

How long do homes stay on the market here?

The median time on market is 38 days, indicating a moderate selling pace.

What is the current median list price?

The median list price is $539,000 as of early August 2026.

Market Intelligence · CT / Norwalk

Norwalk, CT 06854 Housing Market

A typical home in Norwalk's 06854 ZIP code is worth $586,328, up 7.3% over the past year. Homes currently listed sit at a median price of $539,000, with a median time on market of 38 days.

Updated August 2026Median value$584K

The median home value in Norwalk, CT 06854 is $584K as of August 2026, up 7.7% 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 06854 range

$538K to $631K

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

+7.7% over 12 months

Aug 2025$543K

Low $543KHigh $584K

Aug 2026$584K

The numbers

What is the 06854 housing market like?

As of August 2026

Typical home value

$584K

7.7%YoY

Median list price

$539K

17.1%MoM

Days on market

11.6%MoM

Homes for sale

6.3%MoM

Price cuts

4.8%

36.5%MoM

New listings

20.0%MoM

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

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The comparison

How do 06854 home prices compare?

06854$584,485
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

There are 34 homes for sale in this ZIP as of early August 2026, with 16 new listings entering the market recently. The median time homes spend listed is 38 days, suggesting a moderate pace of activity. Only 4.8% of listings carry a price cut, which is relatively low given the year-over-year appreciation. For sellers, the steady value gains and minimal repricing pressure indicate a market that remains fairly stable, though inventory remains limited.

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Down payment20% · $116,897

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