Fairfield, CT sellers still have the edge, even with 7% mortgage rates
Updated November 1, 2026. Freddie Mac put the 30-year fixed mortgage rate at 7.24% as of October 29, 2026. Nationally, that has slowed things down. In Fairfield, CT, it has not slowed them enough to hand buyers the upper hand.
The Real Estate Data Aggregator tracked the three months ending August 31, 2026 across three ZIP codes in Fairfield, CT: 06824, 06825, and Southport, CT (06890). Every one of them sits below two months of supply. That is a seller's market by any measure.
What the Fairfield, CT numbers say right now
| 06824 Fairfield | 06825 Fairfield | 06890 Southport | |
|---|---|---|---|
| Median sale price | $1,350,000 | $750,000 | $1,700,000 |
| Months of supply | 1.3 | 1.6 | 1.0 |
| Median days on market | 28 | 39 | 35 |
| Sale price vs. list price | 105.9% | 104.2% | 105.1% |
| Sold above list price | 63.2% | 56.5% | 64% |
Fairfield, CT (06824): the tightest part of the market
In ZIP 06824, the Real Estate Data Aggregator counted 136 homes sold in the three months ending August 31, 2026. That is down 8.1% from the same period in 2025. Fewer sales, but not because demand fell. Inventory fell harder.
Homes for sale in 06824 dropped nearly 30% year over year, according to the Real Estate Data Aggregator. With only 59 active listings and 1.3 months of supply, there is not much to choose from. Sellers who price right are seeing it.
Nearly half of homes in 06824 went under contract within two weeks. That figure is up 11.7 points from the same period in 2025, per the Real Estate Data Aggregator. The median sale price in 06824 was $1,350,000, up 0.9% from a year earlier.
Fairfield, CT (06825): more listings, still competitive
ZIP 06825 tells a different story. The Real Estate Data Aggregator counted 92 homes sold in the three months ending August 31, 2026, up 50.8% from 2025. Inventory rose too: 47 homes for sale, up 46.9% year over year. Supply and demand both moved up together.
Even with more inventory, 06825 is not a buyer's market. The sale-to-list ratio was 104.2%, up 1.4 points from 2025. More than half of homes, 56.5%, sold above asking. Months of supply held at 1.6, the same as a year ago. The Real Estate Data Aggregator shows 35.6% of homes went under contract within two weeks.
Southport, CT (06890): the least inventory in Fairfield County
Southport, CT had just 8 homes for sale in the three months ending August 31, 2026, according to the Real Estate Data Aggregator. That is unchanged from a year ago. But sales nearly doubled: 25 homes sold, up 92.3% from 2025.
One month of supply means the current inventory would be gone in about 30 days at the pace homes are selling. The median sale price in Southport, CT was $1,700,000, down 5.6% from a year ago. That dip is worth noting. It does not mean the market softened overall. It likely reflects which homes happened to sell. The sale-to-list ratio was still 105.1%, and 64% of homes sold above asking.
What 7% rates are doing nationally , and why Fairfield, CT is different
Freddie Mac put the 30-year fixed rate at 7.24% as of October 29, 2026. Nationally, that is creating a real slowdown. Nationally, newly pending sales fell 8.5% year over year in September, according to Zillow. Realtor.com reported a national median days on market of 64 days for the week ending October 24, 2026.
Fairfield, CT is not that market. The Real Estate Data Aggregator shows median days on market of 28 days in 06824 and 35 days in Southport, CT. That is less than half the national figure Realtor.com reported. Rates matter. But so does how little is for sale here.
What this means if you are selling in Fairfield, CT
Sellers still have the edge. But pricing matters more than it did two years ago. Homes that are priced right and show well are still getting multiple offers. The Real Estate Data Aggregator shows 63.2% of homes in 06824 and 64% in Southport, CT sold above asking. That does not happen by accident.
Homes that are priced too high are sitting. Buyers at 7.24% are doing the math carefully. They are not going to stretch for a home that is overpriced. Price it slightly below market value, present it well, and the offers follow.
What this means if you are buying in Fairfield, CT
You are competing. Nearly half of homes in 06824 went under contract within two weeks, per the Real Estate Data Aggregator. In Southport, CT, there were only 8 homes for sale in the entire three-month period. Waiting for rates to drop may not help as much as you hope. Zillow noted that waiting a year to buy would trim a monthly mortgage payment by just $26.
- Fairfield, CT has 1.0 to 1.6 months of supply depending on the ZIP code.
- Homes are selling above asking at rates above 56% across all three areas.
- Freddie Mac's 7.24% rate is real, but it has not loosened this market.
- Condition, price, and presentation are what separate a fast sale from a long one.
Frequently asked questions: Fairfield, CT housing market
- Are home prices going up in Fairfield, CT? In 06824, the median sale price was $1,350,000, up 0.9% from 2025. In 06825, it was $750,000, up 3.4%. In Southport, CT, the median dipped 5.6% to $1,700,000, though the sale-to-list ratio stayed above 105%. Source: Real Estate Data Aggregator.
- Do homes sell over asking in Fairfield, CT? Yes. The Real Estate Data Aggregator counted 63.2% of homes in 06824, 56.5% in 06825, and 64% in Southport, CT selling above list price in the three months ending August 31, 2026.
- How long does it take to sell a house in Fairfield, CT? The Real Estate Data Aggregator put the median at 28 days in 06824, 39 days in 06825, and 35 days in Southport, CT , all well below the 64-day national median Realtor.com reported.
- How many homes are for sale in Fairfield, CT right now? The Real Estate Data Aggregator counted 59 active listings in 06824, 47 in 06825, and just 8 in Southport, CT during the three months ending August 31, 2026.
- Does a 7% mortgage rate change things in Fairfield, CT? Freddie Mac put the 30-year rate at 7.24% as of October 29, 2026. Nationally, pending sales are down. In Fairfield, CT, inventory is so low that competition has not eased much. Months of supply is 1.3 or less in two of the three ZIP codes.
Your next step
(203) 829-8418Text me your address and I will send back what your Fairfield, CT home is worth against what homes near you actually sold for in the three months ending August 31, 2026. Takes a day, costs nothing.
Text me- Real Estate Data Aggregator numbers for ZIPs 06824, 06825 and 06890, the three months ending August 31, 2026, compared with the same months of 2025. Real Estate Data Aggregator last updated them on Oct 7, 2026.
- Freddie Mac: Mortgage Rates, read Nov 1, 2026
- Zillow: Mortgage Rates Drift Lower, but Not Enough to Make Waiting Worthwhile, Oct 28, 2026
- Redfin: U.S. Home-Sale Prices Just Fell for the First Time in 3 Years, Oct 29, 2026
- Redfin: The Holiday Season Is the Best Time For Homebuyers to Score a Deal in These 7 U.S. Metros, Oct 27, 2026
- Realtor.com: Weekly Housing Trends: U.S. Market Update (Week Ending Oct. 24, 2026), Oct 29, 2026
- No Real Estate Data Aggregator numbers for 06828, so this part is from websites alone.