Is Fairfield, CT 06824 a buyer’s or seller’s market?
Fairfield is a seller’s market. With about 1.4 months of supply and 63% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 96% of U.S. ZIP codes, and #48 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 Fairfield housing market right now
In the three months ending August 31, 2026, 63% of homes in Fairfield, CT 06824 sold above their list price, the typical home went under contract in 28 days and there were 1.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 140 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 59%, homes sold faster (39 days then) and the median sale price held steady to $1,349,416. Overall, Fairfield is more competitive than a year ago, so tougher for buyers.
Within Fairfield County, homes here sell faster than in 82% of the county’s ZIP codes, and sell more often over asking than in 67%. On our competition score, Fairfield ranks #48 of 197 CT ZIP codes with enough sales (score 91 out of 100).
Nearby, buyers who want less competition could look at Bridgeport 06605 (25% sold over asking) or Sherman 06784 (31% 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 06824
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 Fairfield nearby
Find towns like Fairfield in other states →Where Fairfield is
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Questions about Fairfield real estate
Is Fairfield a buyer’s or seller’s market?
A seller’s market: there were 1.4 months of supply in Fairfield, CT 06824 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 Fairfield?
The typical home went under contract in 28 days in the latest three months.
Do homes in Fairfield sell over asking?
63% of homes sold above their original list price, and the typical sale closed at 105.9% of the list price.
What is the median home price in Fairfield?
The median sale price was $1,349,416 in the three months ending August 31, 2026, about $526 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