Is Norfolk, CT 06058 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Norfolk is a buyer’s market. With about 9.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply9.6Under 4 months = seller’s market
Sold above original list20%Share of sales, last 3 months
Median sale-to-list89.8%Sold price ÷ list price
Median days on market145Listing to accepted offer
Median price per sq ft$284▲ +4.5% vs. last year

The Norfolk housing market right now

In the three months ending August 31, 2026, 20% of homes in Norfolk, CT 06058 sold above their list price, the typical home went under contract in 145 days and there were 9.6 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 5 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold more slowly (29 days then) and the median sale price fell 31% to $616,733. Overall, Norfolk is less competitive than a year ago, which gives buyers more room.

Within Litchfield County, homes here sell more slowly than in 91% of the county’s ZIP codes, and sell less often over asking than in 80%.

Nearby, buyers who want less competition could look at Cornwall Bridge 06754 (0% sold over asking) or East Canaan 06024 (0% sold over asking), while Northfield 06778 (100% sold over asking) and Oakville 06779 (78% sold over asking) are even more competitive.

Nearby markets

Bantam 06750Buyer’s market $320 /sq ftBarkhamsted 06063Seller’s market $231 /sq ftBethlehem 06751Seller’s market $249 /sq ftBridgewater 06752Seller’s market $335 /sq ft Browse all markets →

Where Norfolk is

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Questions about Norfolk real estate

Is Norfolk a buyer’s or seller’s market?

A buyer’s market: there were 9.6 months of supply in Norfolk, CT 06058 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Norfolk?

The typical home went under contract in 145 days in the latest three months.

Do homes in Norfolk sell over asking?

20% of homes sold above their original list price, and the typical sale closed at 89.8% of the list price.

What is the median home price in Norfolk?

The median sale price was $616,733 in the three months ending August 31, 2026, about $284 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology