06883 — Fairfield County, Connecticut Market Snapshot
Housing market data for zip code 06883 in Fairfield County, Connecticut. Updated monthly with median prices, days on market, and more.
Market Sales Data
20 sales in 2026 (year to date)
Median Sale Price
$1,415,456
Days to Sell
20
Homes Sold
20
Inventory
28
Sale-to-List
104.9%
New Listings
48
Price/SqFt
$411
Pending Sales
38
Jumbo Loan Likely Needed
The median home in 06883 at $1,415,456 exceeds the 2026 conforming loan limit of $832,750 by $582,706. 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 06883 are moving quickly at 20 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.
Sale-to-List Ratio
Homes in 06883 are selling 4.9% above asking price on average, signaling strong competition. Buyers should budget above list price.
Conforming Loan Feasibility
The median home in 06883 at $1,415,456 exceeds the 2026 conforming loan limit of $832,750 by $582,706. 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 06883 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 06883
To purchase the median home at $1,415,456 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $10,995.
Monthly Payment
$10,995
Income Required
$471,205
Principal & Interest
$8,722/mo
Down Payment (5%)
$70,773
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 06883.
Estimated Monthly Payment
$8,910
Jumbo loan required. Loan amount exceeds the $832,750 conforming limit for 06883.
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