September 2025 Norwalk, CT Real Estate Market Report: Insights & Forecast

Hi Norwalk homeowners, I’m Judy Michaelis, your local Norwalk, Connecticut, real estate expert. Here’s a quick update on what’s been happening between July and September 2025 with one of your biggest investments: your home.

And remember, all real estate statistics are 30, 60, even 90 days behind. Numbers show where we’ve been, but they don’t always tell the full story.

Let’s dive into the numbers.

Inventory: 112 homes in September 2025, up from 88 in 2024 and 72 in 2023.

Median sales price: $765,000 in September 2025, flat compared to 2024, but up significantly from $650,000 in 2023.

Days on market: 27 days in both 2025 and 2024, down from 37 days in 2023.

Inventory is still low, which keeps us in a strong sellers’ market. If mortgage rates dip into the 5% range, we could see a new wave of buyers entering the market and also more sellers finally ready to move on from their low mortgage rates.

Adding inflation, tariffs, and a shifting labor market, and now falling interest rates, we could be moving into a very interesting time in the market.
By the way, if you want all the data, I publish a detailed monthly report. My opinion is always rooted in facts.

Head to my website or give me a call, and we’ll set up a time to chat about what this market means for you, your home’s value, and your goals.

And of course, feel free to call, text, or email me. I’m happy to tell you what the numbers can.

📲If you’ve been considering selling your home or know someone who could benefit from a strategy like this, feel free to call, text, or email me.


The same results could be achieved for you!

Judy Michaelis

203-247-5000
judy@judymichaelis.com