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Market Intelligence · CT / Norwalk

Norwalk, CT 06855 Housing Market

The typical home in Norwalk, CT 06855 is worth $765,139, up 7.7% over the past year. The median list price sits at $1,275,000, with homes averaging 57 days on market as of September 2026.

Updated September 2026Median value$765K

The median home value in Norwalk, CT 06855 is $765K as of September 2026, up 7.7% 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 06855 range

$704K to $826K

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

Typical home value in 06855 over the last 12 months: $711K in Sep 2025 to $765K in Sep 2026 (+7.7%).

Sep 2025$711K

Sep 2026$765K

The numbers

What is the 06855 housing market like?

Typical home value

$765K

Up7.7%YoY

Median list price

$1.27M

Down25.5%MoM

Days on market

57

Down17.4%MoM

Homes for sale

19

Up18.8%MoM

Price cuts

27.6%

New listings

6

Down25.0%MoM

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

The outlook

06855 housing market forecast 2027

+1.8%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 06855 to rise 1.8% by September 2027.

Over the 12 months through September 2026, typical home values in 06855 rose 7.7%, per the Zillow Home Value Index.

Will home prices drop in 06855?

Zillow's forecast does not call for a drop: it expects typical home values in 06855 to rise 1.8% by September 2027, after a 7.7% 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 06855 home prices compare?

  • 06855$765,139
  • 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 06855 market shows modest inventory with 19 homes for sale and 6 new listings as of September 2026. Median days on market of 57 suggests homes are taking time to sell. The fact that 27.6% of listings have seen a price cut indicates some seller resistance to current pricing expectations. While the year-over-year gain in typical home value is solid at 7.7%, the pricing environment feels less certain than the growth rate alone would suggest. For sellers, this is a market where pricing right from the start matters more than it did a year ago.

Monthly payment

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20% · $153,028

Common questions

What people ask us.

What is a typical home worth in Norwalk, CT 06855?

The typical home value is $765,139 as of September 2026, reflecting a 7.7% increase over the past year.

How long do homes typically stay on the market in 06855?

Median days on market is 57 as of September 2026.

How many homes are currently for sale in this ZIP?

There are 19 homes for sale as of September 2026, with 6 new listings in that period.

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