Is Sherman, CT 06784 a buyer’s or seller’s market?
Sherman is a balanced market. With about 5.4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 47% of U.S. ZIP codes, and #197 of 197 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Sherman housing market right now
In the three months ending August 31, 2026, 31% of homes in Sherman, CT 06784 sold above their list price, the typical home went under contract in 49 days and there were 5.4 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 16 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 36%, homes sold more slowly (47 days then) and the median sale price rose 15% to $822,144. Overall, Sherman is less competitive than a year ago, which gives buyers more room.
Within Fairfield County, homes here sell more slowly than in 91% of the county’s ZIP codes, and sell less often over asking than in 98%. On our competition score, Sherman ranks #197 of 197 CT ZIP codes with enough sales (score 47 out of 100).
Nearby, buyers who want less competition could look at Bridgeport 06605 (25% sold over asking), while Wilton 06897 (83% sold over asking) and Stamford 06906 (78% sold over asking) are even more competitive.
Run the numbers for 06784
Nearby markets
Bethel 06801Seller’s market $296 /sq ftBridgeport 06604Balanced $210 /sq ftBridgeport 06605Seller’s market $277 /sq ftBridgeport 06606Seller’s market $271 /sq ft Browse all markets →Towns like Sherman nearby
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Questions about Sherman real estate
Is Sherman a buyer’s or seller’s market?
A balanced market: there were 5.4 months of supply in Sherman, CT 06784 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 Sherman?
The typical home went under contract in 49 days in the latest three months.
Do homes in Sherman sell over asking?
31% of homes sold above their original list price, and the typical sale closed at 98.9% of the list price.
What is the median home price in Sherman?
The median sale price was $822,144 in the three months ending August 31, 2026, about $336 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