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The market update · Aug 31 · 2 min read

Norwalk's Median Sale Price Is Still Running Well Above Last Year

In the twelve weeks ending August 30, 2026, Norwalk's median sale price stood well above where it was a year earlier, even as the number of homes sold there fell.

The single most interesting number out of Norwalk this period is not a shock at first glance. It only becomes one when you put it next to last year.

In the twelve weeks ending August 30, 2026, homes in Norwalk sold for a median of $2,500,000. A year earlier, over the same twelve-week stretch, Norwalk's median sale price was $1,912,500. Put plainly, this period's median in Norwalk ran about 31% above that year-ago level.

The data behind this

Twelve weeks ending August 30, 2026
For saleNorwalk, CT
8

For sale, Twelve weeks ending August 30, 2026.

Source: MLS sold data

That is a big move for a market to carry, and it did not come with more transactions. Norwalk saw 15 homes sold this period, down from 20 a year earlier. Fewer closings, a much higher median. Those two facts sitting together are the story: Norwalk did not see a wave of new demand pushing prices up. It saw fewer, pricier sales carry the median where it landed.

There is no second signal in Norwalk pulling against that read this period. The sample was too thin to validate the usual companions to a price story, how fast homes moved, how they priced against asking, how much room buyers had. What we can say with confidence is the level itself, and it agrees cleanly with the year-over-year comparison: both point the same direction, by a wide enough margin that it is not noise.

What that means depends on which side of the transaction you're on. If you're pricing a home in Norwalk today, the comparison that matters is not to some notion of a typical local sale price. It's to a year-over-year median that has moved up substantially, on a smaller set of closings than the year before. That combination argues for pricing off count and mix as much as off any single comparable.

If you bought in Norwalk a year ago, the read is a favorable one. A median 31% higher than where the market stood twelve months back is a meaningful gap to be sitting on the right side of.

What's worth watching next report is whether Norwalk's homes-sold count recovers. A median holding at an elevated level while sales volume stays down tells one story. A median that holds while volume comes back up would tell a very different one, and it's the count, more than the price, that will settle which one this is.

This data comes from MLS sold figures for Norwalk, covering the twelve weeks ending August 30, 2026.

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Merry Hampton
William Raveis · (203) 247-7622 · merry.hampton@raveis.com
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Merry Hampton is a full time Realtor licensed in the state of Connecticut. Market numbers come from MLS records and are believed accurate but not guaranteed. Nothing on this site is an appraisal or a promise of value. If your home is already listed with another broker, this is not a solicitation.
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