The story of this market
The typical home in ZIP 06883 sells for about $1,450,000, or $385 per square foot.
Prices are up +4.2% from a year ago, so sellers still have some momentum. Homes take about 58 days to sell. HUD's fair market rent for a two-bedroom is $3,501 a month.
ZIP 06883 — Weston
The Weston housing market remains highly competitive, characterized by low inventory and high demand for luxury single-family homes. Prices continue to see steady year-over-year growth, driven by the town's reputation for top-tier schools and a high quality of life. The market is currently favoring sellers, with properties spending relatively little time on the market despite the high price point.
This ZIP is ideal for affluent families seeking privacy, top-tier schools, and a rural-suburban lifestyle, as well as downsizers looking for high-end properties in a quiet, safe environment.
Median prices moved up 4.2% year over year.
Homes spend a median of 58 days on market with 5.9 months of supply — a balanced-paced market.
18% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.2% · poverty 1.8% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 06883, 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.
Weston consistently ranks as one of the safest communities in Connecticut, with reported crime rates significantly lower than both state and national averages.
The Weston Public School district is highly regarded, consistently ranking among the top-performing districts in Connecticut with excellent college readiness metrics.
The area faces moderate risks from severe storms and wind events common to coastal Connecticut, with localized flood risks near the Aspetuck River and various wetlands.
Development is strictly limited by zoning laws that prioritize low-density residential character, resulting in very little commercial or high-density infrastructure growth.
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.
Commuters typically drive to nearby Metro-North train stations in Westport or Wilton for service to Grand Central Terminal, as there is no direct rail access in town.
The area features extensive natural amenities including the Devil's Den Nature Preserve, numerous hiking trails, and private community associations like Stonybrook that offer swimming and tennis.
The rental market is extremely limited and primarily consists of single-family homes, with very low vacancy pressure and high demand for luxury long-term leases.
The local economy is primarily residential, with residents largely employed in professional services, finance, and technology sectors in nearby Stamford, Westport, and New York City.
Transportation is heavily reliant on private vehicles, with access to the Merritt Parkway (Route 15) serving as the primary corridor for regional travel.
Development is highly restricted by local zoning, with no major high-density projects currently approved or under construction.
The area is served by the Weston Public School District and local municipal utility districts for water and waste management.
Property insurance premiums are rising due to regional exposure to severe weather, though the area's inland location provides some mitigation compared to immediate coastal zones.
Data retrieved from data.census.gov ZCTA 06883 profile.
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.
A large nature preserve managed by The Nature Conservancy with extensive hiking trails.
A private neighborhood enclave offering swimming, tennis, and recreational facilities.
Provides scenic views and recreational frontage for various residential properties.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.