06824 — Fairfield County, Connecticut Market Snapshot
Housing market data for zip code 06824 in Fairfield County, Connecticut. Updated monthly with median prices, days on market, and more.
Market Sales Data
82 sales in 2026 (year to date)
Median Sale Price
$1,287,500
Days to Sell
29
Homes Sold
82
Inventory
77
Sale-to-List
105.5%
New Listings
134
Price/SqFt
$527
Pending Sales
108
Jumbo Loan Likely Needed
The median home in 06824 at $1,287,500 exceeds the 2026 conforming loan limit of $832,750 by $454,750. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.
Market Insights
Market Temperature
Homes in 06824 are moving quickly at 29 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.
Sale-to-List Ratio
Homes in 06824 are selling 5.5% above asking price on average, signaling strong competition. Buyers should budget above list price.
Conforming Loan Feasibility
The median home in 06824 at $1,287,500 exceeds the 2026 conforming loan limit of $832,750 by $454,750. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.
Loan limits in 06824 are set at the county level.
2026 Loan Limits — Fairfield County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 06824
To purchase the median home at $1,287,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $10,014.
Monthly Payment
$10,014
Income Required
$429,189
Principal & Interest
$7,933/mo
Down Payment (5%)
$64,375
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 06824.
Estimated Monthly Payment
$8,118
Jumbo loan required. Loan amount exceeds the $832,750 conforming limit for 06824.
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