Hartford, CT—06105
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hartford, CT
As of Oct '25, the median home price in Hartford, CT is $117,000, with a year-over-year change of 4.0%. This indicates that home prices in Hartford, CT are increasing. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $117,000 | 4.0% |
| Single Family | $456,000 | 4.3% |
| Condos | $107,000 | 4.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $101,000 | 5.2% |
2 Bed | $140,000 | 2.2% |
3 Bed | $320,000 | 6.7% |
4 Bed | $403,000 | 5.5% |
| 5 Bed | $621,000 | 3.0% |
% of Housing Stock
Rental Trends — Hartford, CT
As of July '25, Rentcast reports the average rent in Hartford, CT is $1,510, with a year-over-year rent change of 4.1%. Per bedroom, the median rent as of July '25 in Hartford, CT is studios: $1,140, 1-bedrooms: $1,250, 2-bedrooms: $1,670, 3-bedrooms: $2,350, 4-bedrooms: $3,000. The most common rental property sizes in Hartford, CT are 1-bedroom and 2-bedroom, accounting for 52.1% and 23.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,350 | $1,510 |
| Studio Rent | $1,200 | $1,140 |
| 1 Bed Rent | $1,250 | $1,250 |
| 2 Bed Rent | $1,600 | $1,670 |
| 3 Bed Rent | $2,300 | $2,350 |
| 4 Bed Rent | $3,000 | $3,000 |
% of Rental Stock
Property Listings — Hartford, CT
As of Oct '25, Realtor.com reports that the median days on market for a home in Hartford, CT is 46. This is a decrease of -23.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 13.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $147,000 | 63.0% |
Listing Count | 30 | -11.0% |
| Listings as % of Homes | 0.3% | -11.0% |
Days on Market | 46 | -23.0% |
Demographics — Hartford, CT
As of the latest ACS Survey released in 2023, Hartford, CT has a population of 18,700, which has decreased by -3.7% over the past 5 years. Hartford, CT is a moderately popular place for families, as children make up 17.5% of the population. The area has a moderately educated workforce, with 30.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 18,700 | -3.7% |
% Under 18 | 17.5% | -1.7% |
% Seniors | 15.0% | 11.9% |
% WFH | 12.6% | 142.3% |
% w/ College Degree | 30.7% | -6.4% |
As of the latest ACS Survey released in 2023, Hartford, CT is a predominantly black area, with 40.6% of the population identifying as black. The black population has grown by 10.6% in the last 5 years. The second most common race or ethnicity in Hartford, CT is white, making up 27.9% of the population. Foreign-born residents account for 20.1% of the population in Hartford, CT, and this percentage has decreased by 11.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 27.9% | 1.8% |
% Black | 40.6% | 10.6% |
% Hispanic | 25.5% | 2.4% |
% Asian | 2.4% | -63.1% |
% Foreign Born | 20.1% | -11.5% |
Mortgage and Risk — Hartford, CT
According to HUD data as of 2023, there were 75 mortgage originations in Hartford, CT, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Hartford, CT. Investor activity is low, as 7.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 75 |
% Conventional Loans | 87.0% |
% Government Loans | 13.0% |
% Investor Loans | 7.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 4.0% |
Loan Activity
Rentals and Section 8 — Hartford, CT
As of 2024, the percent of homes in Hartford, CT under the Section 8 program is 21.2%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Hartford, CT, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 1,962 |
Total Units Section 8 | 1,724 |
% Rentals under Section 8 | 21.2% |
% Occupied Section 8 | 87.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$30 | $1,250 | $1,220 |
| 2 Bedroom | -$60 | $1,600 | $1,540 |
| 3 Bedroom | -$440 | $2,300 | $1,860 |
| 4 Bedroom | -$800 | $3,000 | $2,200 |
Affordability — Hartford, CT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $117,000 |
| Median Household Income | $41,200 |