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Featured local agent — Fenwick, CT
Sarah Mitchell
Compass Real Estate · Fenwick, CT
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Fenwick, CT Housing Market
The last median sale price Redfin published was $6.58M (through May 2026). With homes going under contract in about 19 days, Fenwick is a leaning buyer's. At today's 6.66% 30-year fixed rate, 20% down on a $6.58M home is about $33,802/mo in principal and interest.
Key numbers for Fenwick, CT
Median sale price
$6.58M
Last published period
Redfin, through May 2024
Days on market
19
Fast-moving
Redfin, through May 2024
30-yr fixed rate
6.66%
Freddie Mac weekly average
Freddie Mac via FRED, August 2026
Median household income
$166,750
Home costs 39.4x income
U.S. Census ACS, 2023
Sale-to-list ratio
93.9%
Selling below asking
Redfin, through May 2024
Zillow figures refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Fenwick a buyer's or seller's market?
Fenwick, CT is a leaning buyer's and homes selling in about 19 days. We classify markets from months of supply, sale-to-list ratio and days on market together — no single number decides it.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Fenwick housing market data show?
Every row below is Redfin's final published month for Fenwick, CT. Redfin, through May 2024
| Metric | Value |
|---|---|
| Median sale price | $6.58M |
| Median price per sq ft | $881/sq ft |
| Median days on market | 19 days |
| Sale-to-list price ratio | 93.9% |
| Homes sold (that month) | 1 |
| Market condition | Leaning buyer's |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Fenwick is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Fenwick is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Fenwick home prices moved?
Across the 7 months we hold for Fenwick, CT, the median sale price rose 46.1%, from $4.50M in August 2021 to $6.58M.
Redfin, through May 2024 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Fenwick?
Priced off the median sale price of $6.58M at the current 6.66% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $1.31M | $5.26M | $33,802/mo |
| 5% | $328,750 | $6.25M | $40,140/mo |
Redfin, through May 2024 for the price · Freddie Mac via FRED, August 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $33,802, that implies roughly $1.45M a year before you add taxes and insurance. The median household in Fenwick earns $166,750, about $1.28M short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the median sale price to fit the 28% rule. That puts the price-to-income ratio at 39.4x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Fenwick in the next 12 months?
Tell us your timeline. We send the Fenwick market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Fenwick?
Zillow does not publish a rent index (ZORI) for Fenwick, CT, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Fenwick?
Active listings in Fenwick, CT went from 2 in August 2021 to 2 in March 2023, a +0.0% change. Inventory has been roughly flat, which usually keeps prices moving with rates rather than with local supply.
| Month | Active listings |
|---|---|
| August 2021 | 2 |
| September 2021 | 1 |
| March 2023 | 2 |
Redfin, through March 2023
How does Fenwick compare to Connecticut and the U.S.?
Fenwick homes sell for $6.58M — 1220% above the Connecticut median of $498,000. Against the national median of $410,700, Fenwick runs 1501% higher.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Fenwick, CT | $6.58M | not published | 19 days |
| Connecticut statewide | $498,000 | +7.1% | 31 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2024 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Fenwick
What buyers should watch
- The gap between 5% and 20% down here is $6,338 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 6.66%, every full point of rate change moves the payment on a $6.58M home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Fenwick listing goes under contract in 19 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 93.9% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- Comparable ZIP-level pricing inside Fenwick varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Fenwick
Explore homes currently listed for sale in Fenwick, Connecticut across major real estate platforms.
How much do homes cost in Fenwick by property type?
How the Fenwick, CT market breaks down across single-family homes, condos and townhouses. Redfin, through May 2024
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $6.58M | $881/sq ft | 1 | 19 days |
Who lives in Fenwick?
American Community Survey estimates for Fenwick. U.S. Census ACS, 2023
Population
42
Households
23
Median income
$166,750/yr
Median age
68.5 years
Owner-occupied
95.7%
Median home value
$2.00M
Mean commute
40 min
95.7% of occupied homes in Fenwick are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market.
Which cities are near Fenwick, CT?
Ordered by distance from Fenwick, not by size. Compare Fenwick side by side with any of them.
Fenwick housing market FAQ
Is Fenwick a buyer's or seller's market?
Fenwick, CT is currently a leaning buyer's based on the supply, pace-of-sale and sale-to-list data we hold for this city. Redfin's public market tracker last published in May 2026, so this classification will not move until a new source fills that gap.
How much do homes cost in Fenwick?
The median sale price in the last month Redfin published was $6.58M, about $881 per square foot.
Is Fenwick cheaper than the rest of Connecticut?
Fenwick's median sale price of $6.58M is 1220% higher than the Connecticut statewide median of $498,000, and 1501% above the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Fenwick?
Homes in Fenwick, CT spent a median of 19 days on market before going under contract, versus 31 days statewide. Under three weeks means well-priced listings move before most buyers can schedule a second showing. (Redfin, through May 2026.)
What income do you need to buy a home in Fenwick?
At the current 30-year fixed rate of 6.66%, 20% down on a $6.58M home is about $33,802 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $1.45M a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $166,750.
Are home prices rising in Fenwick?
We do not hold a complete 12-month value series for Fenwick, CT yet, so we are not going to call a direction. The price chart above shows every period we do have.
What are the cheapest ZIP codes in Fenwick?
Fenwick ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Fenwick?
That depends on your timeline, not on a headline. What the data says today: Fenwick, CT is a leaning buyer's, the 30-year fixed rate is 6.66%. Properties Incorporated publishes the data; it does not give financial advice.
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One email: what homes are actually clearing at around $6.58M, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.