New Listing
18
$385,000
29 Van Buren Ave Apt I7
Norwalk, CT 06850
2 bd2 ba1,142 sqft$337/ft²
Townhouse
William Pitt Sotheby's Int'l
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Norwalk, CT Housing Market
Strong seller's market+4.7% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The typical home in Norwalk, CT is worth $676,843, rose 4.7% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $760,000, +24.1% year over year (through May 2026). With 2.4 months of supply and homes going under contract in about 34 days, Norwalk is a strong seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $676,843 home is about $3,613/mo in principal and interest.
Key numbers for Norwalk, CT
Typical home value
$676,843
+4.7% in 12 months
Zillow, August 2026
Typical asking rent
$2,743/mo
Zillow Observed Rent Index
Zillow, August 2026
Median sale price
$760,000
+24.1% year over year
Redfin, through May 2026
Days on market
34
Average pace
Redfin, through May 2026
Active listings
153
2.4 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$105,301
Home costs 6.4x income
U.S. Census ACS, 2023
Sale-to-list ratio
106.6%
Selling above asking
Redfin, through May 2026
Zillow figures are as of August 2026 and 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 Norwalk a buyer's or seller's market?
Strong seller's market2.4 months of supply34 days on market106.6% of asking
Norwalk, CT is a strong seller's market, based on 2.4 months of supply and homes selling in about 34 days. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Norwalk housing market data show?
Every row below is Redfin's final published month for Norwalk, CT. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $760,000 |
| Median list price | $795,000 |
| Year-over-year price change | +24.1% |
| Median price per sq ft | $418/sq ft |
| Median days on market | 34 days |
| Active inventory | 153 listings |
| Months of supply | 2.4 months |
| Sale-to-list price ratio | 106.6% |
| Homes sold (that month) | 65 |
| New listings (that month) | 99 |
| Listings with a price cut | 13.1% |
| Market condition | Strong seller's market |
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 Norwalk is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Norwalk 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 Norwalk home prices moved?
Over the last three years the median sale price in Norwalk, CT rose 42.7%, from $532,500 to $760,000. The live Zillow value series has rose 4.7% in the last 12 months, which is the more current read now that Redfin's series has stopped. 13.1% of Norwalk listings cut their asking price in the final Redfin month — a modest share, which is what a market looks like when sellers are pricing close to where homes actually clear. For prices to fall meaningfully from here, supply would have to keep building past 2.4 months while the sale-to-list ratio slips below its current 106.6%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Norwalk?
Priced off the typical home value of $676,843 at the current 7.03% 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% | $135,369 | $541,475 | $3,613/mo |
| 5% | $33,842 | $643,001 | $4,291/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 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 $3,613, that implies roughly $154,858 a year before you add taxes and insurance. The median household in Norwalk earns $105,301, about $49,557 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 6.4x — 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 Norwalk in the next 12 months?
Tell us your timeline. We send the Norwalk 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 Norwalk?
Typical asking rent in Norwalk, CT is $2,743/mo, against a typical home value of $676,843. That is a price-to-rent ratio of 20.6x, which means renting tends to be the cheaper monthly option unless you stay long enough for appreciation to close the gap. Compared head to head, 20% down puts principal and interest at $3,613 a month — $870 more than renting before taxes and insurance, so the ownership case here rests on equity and appreciation rather than monthly cash flow.
Zillow, August 2026 for both value and rent
Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.
Is inventory rising or falling in Norwalk?
Active listings in Norwalk, CT went from 189 in May 2025 to 153 in May 2026, a -19.0% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.
| Month | Active listings | New listings |
|---|---|---|
| June 2025 | 198 | 109 |
| July 2025 | 174 | 71 |
| August 2025 | 181 | 91 |
| September 2025 | 182 | 109 |
| October 2025 | 176 | 93 |
| November 2025 | 156 | 51 |
| December 2025 | 113 | 32 |
| January 2026 | 110 | 62 |
| February 2026 | 102 | 54 |
| March 2026 | 117 | 78 |
| April 2026 | 163 | 120 |
| May 2026 | 153 | 99 |
Redfin, through May 2026
How does Norwalk compare to Connecticut and the U.S.?
Norwalk homes sell for $760,000 — 53% above the Connecticut median of $498,000. Against the national median of $410,700, Norwalk runs 85% higher. Year-over-year, Norwalk moved +24.1% against Connecticut's +7.1% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Norwalk, CT | $760,000 | +24.1% | 34 days |
| Connecticut statewide | $498,000 | +7.1% | 31 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Norwalk
What buyers should watch
- Months of supply, currently 2.4. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 13.1%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $678 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $676,843 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 Norwalk listing goes under contract in 34 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 106.6% of asking. Price at the number you want and let competition do the rest.
- In the last published month Norwalk added 99 new listings against 65 sales — more competition arriving than clearing, so early timing matters.
- Your equity moved +4.7% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Norwalk varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Norwalk
There are currently 153 homes listed for sale in Norwalk, Connecticut. The median listing price is $795K. Featured listings range from $385,000 to $2,895,000.
New Listing
14
$450,000
115 Keeler Ave
Norwalk, CT 06854
1 bd1 ba910 sqft$495/ft²
House27,878 sqft lot
Coldwell Banker Realty
View photos & details
New Listing
40
$549,000
6 Wildmere Ln
Norwalk, CT 06851
3 bd3 ba1,344 sqft$408/ft²
House4,792 sqft lot
William Raveis Real Estate
View photos & details
New Listing
30
$669,000
19 Ledgebrook Dr Unit 19
Norwalk, CT 06854
3 bd2 ba1,806 sqft$370/ft²
Townhouse
Houlihan Lawrence
View photos & details
New Listing
16
$699,000
23 Sachem St
Norwalk, CT 06850
3 bd2 ba2,508 sqft$279/ft²
House8,712 sqft lot
Coldwell Banker Realty
View photos & details
New Listing
20
$780,000
47 Creeping Hemlock Dr
Norwalk, CT 06851
3 bd3 ba2,873 sqft$271/ft²
House16,988 sqft lot
OwnerEntry.com
View photos & details
New Listing
2
$794,500
19 Cricklewood Ln
Norwalk, CT 06851
3 bd3 ba3,038 sqft$262/ft²
House1.05 acres
RE/MAX Heritage
View photos & details
New Listing
39
$899,000
199 Gregory Blvd Apt C2
Norwalk, CT 06855
3 bd3 ba1,652 sqft$544/ft²
Townhouse
William Pitt Sotheby's Int'l
View photos & details
New Listing
40
$949,000
10 Maurice St
Norwalk, CT 06851
4 bd3 ba2,686 sqft$353/ft²
House15,682 sqft lot
William Raveis Real Estate
View photos & details
New Listing
21
$961,515
Address unavailable
Norwalk, CT 06850
4 bd3 ba1,760 sqft$546/ft²
House21,780 sqft lot
DBA Options Real Estate
View photos & details
New Listing
39
$2,199,000
108 Gregory Blvd
Norwalk, CT 06855
4 bd4 ba3,030 sqft$726/ft²
House6,534 sqft lot
Berkshire Hathaway NE Prop.
View photos & details
New Listing
40
$2,895,000
13 Pond St
Norwalk, CT 06853
4 bd4 ba3,188 sqft$908/ft²
House13,939 sqft lot
Compass Connecticut, LLC
View photos & details
Looking to buy in Norwalk?
Get connected with a local real estate expert — free, no obligation.
Active listings
153
Homes on market
Median list price
$795K
Avg. days on market
34
Days until sale
New this week
99
Newly listed
Price drops:13.1%of listings
Sale-to-list:106.6%
How much do homes cost in Norwalk by property type?
How the Norwalk, CT market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $915,000 | $447/sq ft | 39 | 25 days |
| Condo / co-op | $435,000 | $397/sq ft | 23 | 41 days |
Who lives in Norwalk?
American Community Survey estimates for Norwalk. U.S. Census ACS, 2023
Population
91,375
Households
35,476
Median income
$105,301/yr
Median age
40.2 years
Owner-occupied
55.1%
Median home value
$535,000
Median gross rent
$2,010/mo
Mean commute
26.9 min
55.1% of occupied homes in Norwalk 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. The Census self-reported median home value is $535,000 against Zillow's $676,843 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $2,010/mo, below Zillow's $2,743/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.
Which public schools serve Norwalk?
23 schools tracked · 11,640 students
The largest public schools serving Norwalk, CT by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Brien McMahon High School
Grades 9-12 · 1,766 students
Norwalk High School
Grades 9-12 · 1,547 students
West Rocks Middle School
Grades 6-8 · 701 students
Ponus Ridge STEAM Academy
Grades 6-8 · 622 students
Nathan Hale Middle School
Grades 6-8 · 524 students
Jefferson Marine Science Elementary School
Grades PK-5 · 465 students
Tracey Magnet School
Grades PK-5 · 464 students
Roton Middle School
Grades 6-8 · 453 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Norwalk, CT?
Ordered by distance from Norwalk, not by size. Compare Norwalk side by side with any of them.
Which ZIP codes are in Norwalk?
These are the ZIP codes we see on active Norwalk listings. Redfin did not publish a matching ZIP-level sale row for the same period, so we are not ranking them by price here — each ZIP page shows exactly what we hold for it.
Norwalk housing market FAQ
Is Norwalk a buyer's or seller's market?
Norwalk, CT is currently a strong seller's market. That read comes from 2.4 months of supply, homes going under contract in about 34 days, and sellers getting 106.6% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Norwalk?
The typical home in Norwalk, CT is worth $676,843 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $760,000, about $418 per square foot.
Is Norwalk cheaper than the rest of Connecticut?
Norwalk's median sale price of $760,000 is 53% higher than the Connecticut statewide median of $498,000, and 85% above the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Norwalk?
Homes in Norwalk, CT spent a median of 34 days on market before going under contract, versus 31 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)
What income do you need to buy a home in Norwalk?
At the current 30-year fixed rate of 7.03%, 20% down on a $676,843 home is about $3,613 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $154,858 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $105,301.
Are home prices rising in Norwalk?
The typical home value in Norwalk, CT rose 4.7% over the last 12 months, from $646,638 to $676,843 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Norwalk?
Norwalk 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 Norwalk?
That depends on your timeline, not on a headline. What the data says today: Norwalk, CT is a strong seller's market with 2.4 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 20.6x means renting tends to be the cheaper monthly option unless you stay long enough for appreciation to close the gap. Properties Incorporated publishes the data; it does not give financial advice.
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