January 2026 Connecticut Real Estate Market Update

January in Connecticut: Cold Weather, Active Market

January in Connecticut has officially arrived. The mornings are icy, the coffee is stronger than usual, and we’re all pretending winter driving doesn’t stress us out. While the season may feel quiet, the Connecticut real estate market is anything but.

Across Milford, Norwalk, and New Haven, inventory remains tight, buyers are active, and homes are continuing to move—even at the start of the year. Let’s break down what’s happening locally and what it means if you’re thinking about buying or selling in 2026.

Milford, CT Real Estate Market – January 2026

Milford continues to show strong demand, driven by its coastal lifestyle, vibrant downtown, and convenient access to I-95 and Metro-North.

Key Milford Market Stats:

• Months of Inventory: 1.26
  (Down 44% month-over-month and 42% year-over-year)

• Median Sold Price: $490,000 (down 7% MoM)

• Sold-to-List Price Ratio: 98.98%

• Median Days on Market: 34 (21% faster than last month)

• Market Snapshot:
  • 36 new listings
  • 78 active listings
  • 94 pending listings

What This Means:

Milford is firmly in seller’s market territory. Inventory is extremely limited, and more homes are going under contract than coming onto the market. Even with a slight dip in median sold price, sellers are still receiving offers close to asking, and well-priced homes are moving quickly.

For buyers, preparation is key. Strong pre-approval and a clear strategy matter more than ever in this competitive environment.

Norwalk, CT Real Estate Market – January 2026

Norwalk remains one of Fairfield County’s most competitive markets, thanks to its proximity to NYC, the SoNo district, coastal access, and attractions like the Maritime Aquarium.

Key Norwalk Market Stats:

• Months of Inventory: 0.93
  (Down 48% MoM and 34% YoY)

• Median Sold Price: $570,000 (down 6% MoM)

• Sold-to-List Price Ratio: 102.42%

• Median Days on Market: 32 (11% faster than last month)

• Market Snapshot:
  • 33 new listings
  • 78 active listings
  • 100 pending listings

What This Means:

Norwalk’s inventory is extremely tight, with fewer than one month of supply. Despite a slight month-over-month price dip, homes are still selling above asking price on average, signaling strong buyer competition.

For sellers, January presents a quiet but powerful opportunity. For buyers, timing, speed, and expert guidance are essential—this is not a market to hesitate in.

New Haven, CT Real Estate Market – January 2026

New Haven continues to benefit from its unique blend of history, culture, and economic drivers like Yale University and its thriving arts scene.

Key New Haven Market Stats:

• Months of Inventory: 1.56
  (Down 37% MoM and 10% YoY)

• Median Sold Price: $310,000 (up 6% MoM)

• Sold-to-List Price Ratio: 100.43% (up 3% MoM)

• Median Days on Market: 64 (up 25% MoM)

• Market Snapshot:
  • 27 new listings
  • 74 active listings
  • 69 pending listings

What This Means:

New Haven presents a slightly different pace. While inventory remains low and prices are rising, homes are spending a bit more time on the market. This gives buyers more breathing room compared to Milford and Norwalk, while sellers need to be thoughtful with pricing and presentation.

It’s a market that rewards strategy over speed.

What Buyers and Sellers Should Know This January

Across all three towns, one theme stands out:
low inventory + active buyers = opportunity with the right plan.

For Sellers:

• Serious buyers are active year-round

• Winter listings face less competition

• Pricing correctly is more important than ever

For Buyers:

• Inventory is limited, especially in Milford and Norwalk

• Pre-approval and readiness are essential

• Town-specific strategy can make a major difference

Real estate doesn’t slow down just because it’s winter—and January often sets the tone for the entire year ahead.

Looking Ahead to 2026

As we begin the new year, the Connecticut housing market remains resilient, competitive, and full of opportunity. Whether you’re planning to buy, sell, invest, or simply stay informed, early preparation can give you a strong advantage before the spring market ramps up.

If 2026 is the year you’re considering a move, now is the perfect time to start the conversation.

Thinking About Buying or Selling in Connecticut?

I help buyers and sellers navigate the Milford, Norwalk, and New Haven markets with clarity, strategy, and a lot less stress. Reach out anytime if you’d like personalized insight for your town.