Published October 25, 2026 in Market Update

Stamford, CT still moves fast even with mortgage rates above 7%

By tara chlupsa

Real estate, Stamford CT Market Watch

Updated October 25, 2026. Freddie Mac put the 30-year fixed rate at 7.32% on October 22, 2026. That is real money on a monthly payment. But here is what the Real Estate Data Aggregator shows for Stamford, CT in the three months ending August 31, 2026: 335 homes pending, 248 for sale, and 366 sold. Buyers have not left. Supply is still the story.

More listings came to market, which is why inventory ticked up. But there are still 335 pending sales against only 248 homes for sale. That gap tells you buyers are absorbing supply as fast as it arrives. Months of supply is how long it would take to sell every home on the market at the current pace. No ZIP code in Stamford, CT is above 2.7 months. That is a tight market by any measure.

Stamford, CT is not one market. Here is what each neighborhood is doing.

The Real Estate Data Aggregator breaks Stamford, CT into six ZIP codes. The numbers are different enough that your street matters more than the city average. North Stamford, Downtown, Shippan, Springdale, Glenbrook. Each one reads differently.

The rate picture: what 7.32% actually means for Stamford, CT sellers

Freddie Mac put the 30-year fixed rate at 7.32% on October 22, 2026. Realtor.com showed the average mortgage rate on the market at 7.40% that same week. Rates surged above 7% for the first time since January 2025, according to Realtor.com, rising nearly 40 basis points over the four weeks before that.

Higher rates do slow some buyers. Realtor.com reported September pending home sales down 11.3% year over year nationally. The Real Estate Data Aggregator shows Stamford, CT pending sales down 9.2% from the same period last year. That is a real dip. But 335 homes still went under contract. The market slowed a little. It did not stop.

Which ZIP codes are moving fastest in Stamford, CT?

ZIP 06907, which covers Springdale, had the shortest median time on market: 29 days, according to the Real Estate Data Aggregator. That is one day faster than the same period last year. ZIP 06901, which covers Downtown and Harbor Point, took a median 36 days, three days longer than last year. Urban condos and rentals in Downtown Stamford, CT are a different market than the residential neighborhoods. Never read one number as the whole city.

Where are homes selling over asking in Stamford, CT?

ZIP 06906, which covers Glenbrook, had the highest share: 78.1% of homes sold above list price, according to the Real Estate Data Aggregator. That is up 14.5 points from the same period last year. The median sale price there rose 9.5% year over year to $660,000. Glenbrook is moving, and it is moving up.

ZIP 06903, which covers North Stamford, CT, had the highest median sale price at $1,250,000, up 4% from last year. The Real Estate Data Aggregator shows homes there selling at 106.5% of list price on average. Nearly two-thirds of North Stamford homes, 63.9%, sold above asking. Fewer homes sold than last year, down 27.4%, but the ones that did sell went for more.

How quickly are homes going under contract in Stamford, CT?

ZIP 06901 had the biggest jump: 42.9% of homes went under contract within two weeks of listing, up 20.7 points from last year, per the Real Estate Data Aggregator. ZIP 06907 was up 18 points to 44.7%. Serious buyers are moving quickly when the right home comes up. That is the clearest sign that demand is real, even with rates at 7.32%.

What about the national picture?

Nationally, the National Association of Realtors reported existing-home sales of 3.99 million units in September 2026. Realtor.com reported the national median days on market at 62 days. Stamford, CT ZIP codes ranged from 29 to 36 days in the three months ending August 31, 2026. This market is moving faster than the national pace.

FAQ: Stamford, CT housing market, October 2026