06840 — Fairfield County, Connecticut Market Snapshot
Housing market data for zip code 06840 in Fairfield County, Connecticut. Updated monthly with median prices, days on market, and more.
Market Sales Data
64 sales in 2026 (year to date)
Median Sale Price
$2,656,835
Days to Sell
34
Homes Sold
64
Inventory
49
Sale-to-List
103.1%
New Listings
101
Price/SqFt
$611
Pending Sales
96
Jumbo Loan Likely Needed
The median home in 06840 at $2,656,835 exceeds the 2026 conforming loan limit of $832,750 by $1,824,085. 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
06840's market is balanced with homes taking an average of 34 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
Homes in 06840 are selling 3.1% above asking price on average, signaling strong competition. Buyers should budget above list price.
Conforming Loan Feasibility
The median home in 06840 at $2,656,835 exceeds the 2026 conforming loan limit of $832,750 by $1,824,085. 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 06840 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 06840
To purchase the median home at $2,656,835 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $20,506.
Monthly Payment
$20,506
Income Required
$878,821
Principal & Interest
$16,371/mo
Down Payment (5%)
$132,842
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 06840.
Estimated Monthly Payment
$16,593
Jumbo loan required. Loan amount exceeds the $832,750 conforming limit for 06840.
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