Westport approves 17-unit housing plan as prices climb
Westport, CT – March 8, 2026 – A 17-unit redevelopment wins approval while median sale prices top $2M and a 2025 revaluation moves ahead.
A historic property redevelopment and rising sale prices are setting the tone for early spring in Westport.
Top takeaways
- Town officials approved a 17-unit housing project at 50 Post Road West.
- Median home sale price reached about $2.0M in January, up sharply year over year.
- Townwide revaluation tied to the Oct. 1, 2025 Grand List will impact July 2026 tax bills.
Historic home to add apartments and townhomes
The Planning and Zoning Commission voted 6-1 on Feb. 23 to approve a plan converting a long-vacant 19th-century house at 50 Post Road West into 13 apartments, along with four new townhouses on the 1-acre site. The building, previously used as office space, has been vacant for roughly a decade. Town officials said the proposal aligns with local housing goals, including expanding affordable options while preserving historic structures.
The approval follows ongoing discussions in recent years about inclusionary zoning and how affordable units may be integrated or administered, including potential off-site arrangements under certain conditions.
Market snapshot
Home values remain elevated. In January 2026, the median sale price in Westport was about $2.0M, up 27.8% from a year earlier, according to Redfin data. Statewide figures show 2025 was one of the slowest years for existing home sales volume in more than a decade, even as prices held firm, reflecting tight inventory conditions.
At the same time, the town is conducting its scheduled real property revaluation for the Oct. 1, 2025 Grand List. Updated assessments will be reflected in tax bills beginning in July 2026, part of Connecticut’s required cycle to align assessments with fair market value.
What to watch this spring
- Whether additional adaptive reuse or small-scale multifamily proposals follow the Post Road West approval.
- How revaluation changes influence listing decisions and pricing strategies heading into the peak selling season.
Are you seeing more listings, price reductions, or competition in your neighborhood as spring approaches?
Sources