Published November 1, 2026 in Market Update

Westport, CT inventory is down 38%, and sellers still have the edge

By tara chlupsa

Real estate, Westport CT Market watch

Updated November 1, 2026. The numbers below cover the three months ending August 31, 2026, and come from the Real Estate Data Aggregator for ZIP code 06880, Westport, CT.

Here is the short version. Nationally, Realtor.com reported active inventory rose 8.0% year over year. In Westport, CT, the Real Estate Data Aggregator counted inventory down 38%. Those two facts tell very different stories, and if you own or want to own a home here, the local one is the one that matters.

What low inventory actually means in Westport, CT

Months of supply is how long it would take to sell every home currently on the market at the current pace of sales. Six months is considered a balanced market. Westport, CT sat at 1.4 months in the three months ending August 31, 2026, down a full month from the same period in 2025, according to the Real Estate Data Aggregator. That is a seller's market by any measure.

Nationally, the picture is different. Realtor.com reported that U.S. active inventory climbed 8.0% year over year in the week ending October 24, 2026. Westport, CT went the other way. Fewer homes came to market, and the ones that did sold quickly.

Prices in Westport, CT are up, and so is the pace

The Real Estate Data Aggregator put the median sale price in ZIP 06880 at $2,450,000 for the three months ending August 31, 2026. That is up 18.9% from the same three months in 2025. Homes sold in 33 days at the median, three days faster than a year ago.

New listings fell 20.2% year over year, to 71 homes, according to the Real Estate Data Aggregator. Fewer sellers came to market. The ones who did found buyers quickly. That combination pushed prices up.

More than half of homes sold above asking price

The Real Estate Data Aggregator counted 51.2% of homes in ZIP 06880 selling above list price in the three months ending August 31, 2026. That is just over half. The average sale price came in at 104.6% of list price, up 0.6 points from a year ago.

That does not mean every home drew multiple offers. It means well-priced, well-presented homes did. Pricing slightly below market value is still the move that tends to bring competing bids. Overpricing in a low-inventory market does not fix itself the way some sellers expect.

Nearly 3 in 10 homes went under contract within two weeks

The Real Estate Data Aggregator found that 28.1% of homes in ZIP 06880 went under contract within two weeks of listing, for the three months ending August 31, 2026. That share is up 6 points from the same period in 2025. The right home, priced right, does not sit.

What about mortgage rates right now?

Freddie Mac reported the 30-year fixed mortgage rate averaged 7.24% as of October 29, 2026. The 15-year fixed averaged 6.60%. Rates are not low. For buyers in Westport, CT, that adds real cost to an already high price point. It is worth running the numbers carefully before you make an offer.

Zillow noted in late October 2026 that waiting a year to buy would trim a monthly mortgage payment by $26, nationally. In Westport, CT, where prices are well above the national median, the math is different, and the local inventory picture makes waiting a real risk.

What this means if you are selling in Westport, CT

Low inventory works in your favor, but it is not a free pass. The Real Estate Data Aggregator shows 125 homes sold in the three months ending August 31, 2026, up 5% from a year ago. Buyers are active. They are also paying attention to condition and price. A home that needs work and is priced as if it does not will sit while the well-prepared ones go fast.

Location still matters within Westport, CT. A home near Compo Beach, the Saugatuck train station, or Greens Farms reads differently than one further north of the Merritt Parkway. Neighborhood context shapes the number.

What this means if you are buying in Westport, CT

With 57 homes for sale and 1.4 months of supply, there are not many choices. When the right home comes up, hesitation is expensive. The Real Estate Data Aggregator shows homes selling in a median of 33 days. Some go much faster. Get your financing in order before you start looking, not after.

FAQ: Westport, CT housing market