New Hartford, CT—06057
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — New Hartford, CT
As of Oct '25, the median home price in New Hartford, CT is $456,000, with a year-over-year change of 7.1%. This indicates that home prices in New Hartford, CT are increasing. According to Zillow, the 1-year price projection is 3.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $456,000 | 7.1% |
| Single Family | $469,000 | 7.1% |
| Condos | $196,000 | 7.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $185,000 | 1.6% |
2 Bed | $295,000 | 6.1% |
3 Bed | $449,000 | 6.4% |
4 Bed | $571,000 | 7.3% |
| 5 Bed | $632,000 | 5.5% |
% of Housing Stock
Rental Trends — New Hartford, CT
New Hartford, CT lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,300 | $2,870 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,200 | $1,230 |
| 2 Bed Rent | $1,750 | $1,780 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | $10,000 | $10,000 |
% of Rental Stock
Property Listings — New Hartford, CT
As of Oct '25, Realtor.com reports that the median days on market for a home in New Hartford, CT is 52. This is a increase of 21.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 19.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $552,000 | -5.0% |
Listing Count | 21 | 3.0% |
| Listings as % of Homes | 0.7% | 3.0% |
Days on Market | 52 | 21.0% |
Demographics — New Hartford, CT
As of the latest ACS Survey released in 2023, New Hartford, CT has a population of 5,920, which has decreased by -7.0% over the past 5 years. New Hartford, CT is a moderately popular place for families, as children make up 18.7% of the population. The area has a highly educated workforce, with 51.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,920 | -7.0% |
% Under 18 | 18.7% | -21.8% |
% Seniors | 15.6% | -12.8% |
% WFH | 11.8% | 257.6% |
% w/ College Degree | 51.0% | 11.4% |
As of the latest ACS Survey released in 2023, New Hartford, CT is a predominantly white area, with 93.1% of the population identifying as white. The white population has shrunk by 4.3% in the last 5 years. The second most common race or ethnicity in New Hartford, CT is hispanic, making up 2.7% of the population. Foreign-born residents account for 4.1% of the population in New Hartford, CT, and this percentage has increased by 5.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 93.1% | -4.3% |
% Black | 0.0% | -100.0% |
% Hispanic | 2.7% | 145.5% |
% Asian | 1.4% | ∞% |
% Foreign Born | 4.1% | 5.1% |
Mortgage and Risk — New Hartford, CT
According to HUD data as of 2023, there were 143 mortgage originations in New Hartford, CT, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 47.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in New Hartford, CT. Investor activity is low, as 0.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 143 |
% Conventional Loans | 90.0% |
% Government Loans | 10.0% |
% Investor Loans | 0.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — New Hartford, CT
New Hartford, CT lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 7 |
Total Units Section 8 | 7 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $220 | $1,200 | $1,420 |
| 2 Bedroom | $0 | $1,750 | $1,750 |
| 3 Bedroom | N/A | N/A | $2,190 |
| 4 Bedroom | -$7,500 | $10,000 | $2,500 |
Affordability — New Hartford, CT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $456,000 |
| Median Household Income | $117,000 |