Hartford, CT 06120 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Hartford, CT—06120

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$207,000

11.6% YoY Growth

Household Income

$33,500

26.7% YoY Growth

Days on Market

12.0% Shorter YoY

Home Price Forecast

3.6%

Median Rent

$1,600

N/A

1-Bed Rent

$1,250

N/A

2-Bed Rent

$1,480

N/A

3-Bed Rent

$1,650

N/A

Other Zip Codes in Hartford, CT

06106 06114 06112 06105 06103

Home Price Trends — Hartford, CT

As of Dec '25, the median home price in Hartford, CT is $207,000, with a year-over-year change of 11.6%. This indicates that home prices in Hartford, CT are increasing. According to Zillow, the 1-year price projection is 3.6%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$207,000	11.6%
Single Family	$231,000	4.5%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Hartford, CT

Hartford, CT lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	$1,600	$1,600
Studio Rent	N/A	N/A
1 Bed Rent	$1,250	$1,250
2 Bed Rent	$1,480	$1,470
3 Bed Rent	$1,650	$1,680
4 Bed Rent	$1,950	$2,000

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% of Rental Stock

Studio

2.5%

1 Bedroom

20.3%

2 Bedrooms

36.3%

3 Bedrooms

33.9%

4 Bedrooms

6.1%

5+ Bedrooms

0.9%

Property Listings — Hartford, CT

As of Dec '25, Realtor.com reports that the median days on market for a home in Hartford, CT is 32. This is a increase of 16.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$211,000	-15.0%
Listing Count	5	18.0%
Listings as % of Homes	0.1%	18.0%
Days on Market	73	-12.0%

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Demographics — Hartford, CT

As of the latest ACS Survey released in 2023, Hartford, CT has a population of 13,800, which has decreased by -4.8% over the past 5 years. Hartford, CT is a popular place for families, as children make up 30.3% of the population. The area has a poorly educated workforce, with 8.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.9% reporting working from home.

Metric	Latest Census	YoY % Change
Population	13,800	-4.8%
% Under 18	30.3%	-12.4%
% Seniors	8.2%	17.1%
% WFH	3.9%	85.7%
% w/ College Degree	8.8%	49.2%

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As of the latest ACS Survey released in 2023, Hartford, CT is a predominantly black area, with 50.1% of the population identifying as black. The black population has grown by 0.8% in the last 5 years. The second most common race or ethnicity in Hartford, CT is hispanic, making up 46.0% of the population. Foreign-born residents account for 14.2% of the population in Hartford, CT, and this percentage has increased by 12.7% 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	2.7%	-40.0%
% Black	50.1%	0.8%
% Hispanic	46.0%	-1.3%
% Asian	0.4%	33.3%
% Foreign Born	14.2%	12.7%

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Mortgage and Risk — Hartford, CT

According to HUD data as of 2023, there were 103 mortgage originations in Hartford, CT, of which 64.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Hartford, CT. Investor activity is low, as 5.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	103
% Conventional Loans	64.0%
% Government Loans	36.0%
% Investor Loans	5.0%
% Second Loans	0.0%
% Cash Out Refinance	9.0%

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Rentals and Section 8 — Hartford, CT

As of 2024, the percent of homes in Hartford, CT under the Section 8 program is 43.4%. 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. 2-bedroom and 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Hartford, CT, because HUD payments exceed market rent, while 1-bedroom units do not.

Section 8 Market Size

Total Units under HUD	2,304
Total Units Section 8	1,889
% Rentals under Section 8	43.4%
% Occupied Section 8	87.4%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$20	$1,250	$1,230
2 Bedroom	$80	$1,480	$1,560
3 Bedroom	$230	$1,650	$1,880
4 Bedroom	$280	$1,950	$2,230

Hartford, CT—06120

Key Metrics at a Glance

Other Zip Codes in Hartford, CT

Home Price Trends — Hartford, CT

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Hartford, CT

% of Rental Stock

Property Listings — Hartford, CT

Demographics — Hartford, CT

Race and Ethnicity

Mortgage and Risk — Hartford, CT

Mortgages

Rentals and Section 8 — Hartford, CT

Section 8 Market Size

Section 8 Opportunity

Affordability — Hartford, CT

Home Price to Income Ratio

Hartford, CT — ZIP Code Boundary Map

Nearby ZIP Codes

Hartford, CT

Hartford, CT

Hartford, CT

East Hartford, CT

Hartford, CT

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.6
Median Home Price	$207,000
Median Household Income	$33,500

Hartford, CT—06120

Key Metrics at a Glance

Other Zip Codes in Hartford, CT

Home Price Trends — Hartford, CT

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Hartford, CT

% of Rental Stock

Property Listings — Hartford, CT

Demographics — Hartford, CT

Race and Ethnicity

Mortgage and Risk — Hartford, CT

Mortgages

Rentals and Section 8 — Hartford, CT

Section 8 Market Size

Section 8 Opportunity

Affordability — Hartford, CT

Home Price to Income Ratio

Hartford, CT — ZIP Code Boundary Map

Nearby ZIP Codes

Hartford, CT

Hartford, CT

Hartford, CT

East Hartford, CT

Hartford, CT

Frequently Asked Questions

What is the average home price in Hartford, CT 06120?

How have home prices in Hartford, CT 06120 changed over the past year?

What is the home price projection for Hartford, CT 06120?

What are the demographics of Hartford, CT 06120?

How long does it take homes to sell in Hartford, CT 06120?

What is the average rent price in Hartford, CT 06120?