The story of this market
The typical home in ZIP 06897 sells for about $1,294,991, or $367 per square foot.
Prices are up +7.5% from a year ago, so sellers still have some momentum. Homes take about 24 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,819 a month.
ZIP 06897 — Wilton
The Wilton housing market remains robust, characterized by high median home values and strong demand for single-family residences. While prices have appreciated steadily, the market is currently balanced with moderate inventory levels and consistent sales activity driven by the area's reputation for excellent schools and quality of life.
This ZIP is ideal for affluent families seeking top-tier public schools and a quiet, suburban lifestyle, as well as professionals commuting to nearby corporate hubs in Fairfield County.
Median prices moved up 7.5% year over year.
Homes spend a median of 24 days on market with 3.5 months of supply — a fast-moving 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 4.4% · poverty 2.4% — 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 5.7%/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 2.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 06897, 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.
Wilton consistently ranks as one of the safest communities in Connecticut, with crime rates significantly lower than both state and national averages.
The Wilton Public School district is highly regarded, consistently ranking among the top-performing districts in Connecticut with strong academic outcomes and college readiness metrics.
The area faces moderate risks from severe storms and localized flooding, with insurance premiums reflecting the regional climate posture of Fairfield County.
Economic momentum is driven by its proximity to major corporate hubs in Stamford and Norwalk, with a focus on maintaining a suburban, residential character while supporting local commercial development.
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.
Residents primarily commute to employment centers in Stamford, Norwalk, and New York City via the Metro-North Railroad's Danbury Branch or major highway corridors like Route 7 and the Merritt Parkway.
The area features extensive recreational amenities including the Wilton Town Forest, Merwin Meadows Park, and several private golf and country clubs, alongside boutique shopping in the town center.
The rental market is characterized by low vacancy rates and high demand, with limited inventory primarily consisting of single-family homes and select condominium complexes.
The local economy is anchored by professional services, finance, and healthcare, with many residents employed by major corporations in the neighboring cities of Stamford and Norwalk.
Transportation is heavily reliant on private vehicles, with access to the Merritt Parkway and I-95, supplemented by Metro-North rail service at the Wilton and Cannondale stations.
Development is focused on small-scale residential infill and the ongoing implementation of the Wilton Center Master Plan to modernize infrastructure.
Parcels are served by the Wilton Public School district and local municipal utility services; there are no special tax districts.
Property insurance markets remain stable, though premiums are influenced by regional exposure to coastal storm events and wildfire risk in wooded areas.
Data retrieved from data.census.gov ZCTA 06897 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.
Features a swimming pond, playground, and picnic areas.
Extensive trail network for hiking and passive recreation.
Private club offering golf, tennis, and social amenities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.