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Sarah Mitchell
Compass Real Estate · ZIP 06853
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06853 ZIP Code Housing Market
$2.50Mmedian sale price
What is the 06853 housing market like right now?
The median home sale price in ZIP code 06853 is $2.50M, up 38.1% year-over-year. Homes sell in an average of 10 days with 11 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of March 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is the 06853 ZIP code a buyer's or seller's market?
ZIP code 06853 is currently a seller's market and homes selling in about 10 days. How we determine this →
What are the latest 06853 housing market stats?
| Metric | Value |
|---|---|
| Median sale price | $2.50M |
| Median list price | $2.69M |
| Year-over-year price change | +38.1% |
| Average days on market | 10 days |
| Active inventory | 11 listings |
| Sale-to-list price ratio | 114.8% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
The 06853 zip code, located in Tokeneke, CT, is currently classified as a seller's market. The median sale price stands at $2.50M, representing a +38.1% change year over year. Homes in this area spend an average of 10 days on the market before going under contract. There are currently 11 active listings in the area, which influences how much negotiating power buyers and sellers have.
ZIP 06853 sits in the Tokeneke, CT area, roughly 1.5 miles from downtown Tokeneke. Because home prices are set street by street, this ZIP can move differently from Tokeneke's citywide averages. The figures below reflect 06853 specifically — drawn from Redfin transactions, U.S. Census data for its 3,171 residents, and Zillow value estimates.
Homes sold
10
Last 12 weeks
Days on market
10
Fast-moving
Active listings
11
Sale-to-list
114.8%
Above asking
What is driving the 06853 housing market?
The 06853 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a seller's market, homes are selling at approximately 114.8% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 06853 have increased +38.1% compared to last year, suggesting continued demand and potential for further appreciation. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.
The Zillow Home Value Index (ZHVI) for 06853 stands at $2.32M, which represents Zillow's estimate of the typical home value in the area. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.
Who lives in 06853?
Population
3,171
Median income
$250,001/yr
Median age
45.6 years
Owner-occupied
88.1%
College grads
88.7%
What is it like living in 06853?
Zip code 06853 is home to approximately 3,171 residents. The median household income is $250,001 per year, which shapes the types of homes and amenities available in the area. With a median age of 45.6 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 88.1% of housing units are owner-occupied, indicating a stable, ownership-oriented community where residents have a vested interest in maintaining property values and neighborhood quality.
About 88.7% of residents hold a bachelor's degree or higher, which often correlates with access to knowledge-economy jobs and higher earning potential in the area. These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 06853.
Which public schools serve ZIP 06853?
2 schools tracked · 888 students
The largest public schools serving ZIP code 06853 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.
Roton Middle School
Grades 6-8 · 453 students
Rowayton School
Grades K-5 · 435 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Frequently asked questions about 06853
What is the median home price in 06853?
The current median sale price in 06853 is $2.50M, based on recent Redfin transaction data. Prices have changed +38.1% compared to last year. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.
Is 06853 a buyer's or seller's market?
The 06853 zip code is currently classified as a seller's market. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.
What is the population of zip code 06853?
Zip code 06853 has a population of approximately 3,171 residents. The median household income is $250,001 per year. About 88.1% of homes are owner-occupied. This data is sourced from the U.S. Census Bureau and is updated annually.
How do I research neighborhoods in 06853?
Properties Incorporated provides comprehensive data for 06853 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.
How often is the data for 06853 updated?
Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually.
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