The story of this market
The typical home in ZIP 06877 sells for about $953,500, or $435 per square foot.
Prices are roughly flat from a year ago (+0.9%), a market in balance. Homes take about 59 days to sell. HUD's fair market rent for a two-bedroom is $2,026 a month.
ZIP 06877 — Ridgefield
The 06877 housing market is currently experiencing moderate activity with a median sale price of $953,500. Demand remains somewhat competitive, though inventory levels and days on market suggest a balanced environment for buyers and sellers. Market conditions are largely driven by the area's appeal as a suburban residential destination within Fairfield County.
This ZIP code is well-suited for family buyers seeking a suburban environment with access to highly-rated schools and a community-focused lifestyle.
Median prices moved up 0.9% year over year.
Homes spend a median of 59 days on market with 0.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.9% · poverty 3.5% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 06877, Fairfield County, CT
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The area is served by the Ridgefield Public Schools district, which is generally characterized by high-performing schools including Veterans Park Elementary, East Ridge Middle, and Ridgefield High School.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Connecticut) — Municipal Real Property Tax Assessment & Mill Rate Mechanics: Under C.G.S. § 12-62a, all taxable real property is assessed uniformly at a mandatory 70% assessment ratio of its fair market value (FMV). Real property tax is computed annually using the formula: Assessed Value = Fair Market Value × 0.
Ridgefield is a suburban community with residents typically commuting to employment hubs in the Bridgeport-Stamford-Danbury metropolitan area.
The area features local parks and green spaces, with access to regional shopping and dining districts within the town of Ridgefield.
The rental market in 06877 is characterized by a median asking rent of approximately $3,767 per month.
The local economy is integrated into the broader Bridgeport-Stamford-Danbury metropolitan statistical area, which features a diverse mix of corporate and service-sector employers.
The area relies primarily on highway access for regional connectivity within the Fairfield County corridor.
Data retrieved from Census ACS and DHC tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
The historic downtown area serves as the primary hub for local retail and dining.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.