Hartford, CT—06120
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 $210,000, with a year-over-year change of 11.2%. This indicates that home prices in Hartford, CT are increasing. According to Zillow, the 1-year price projection is 3.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $210,000 | 11.2% |
| Single Family | $234,000 | 4.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $204,000 | 11.5% |
4 Bed | $234,000 | 7.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
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 |
% 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 49. This is a increase of 89.0% 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 | $152,000 | -18.0% |
Listing Count | 7 | -22.0% |
| Listings as % of Homes | 0.1% | -22.0% |
Days on Market | 49 | 89.0% |
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% |
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% |
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% |
Loan Activity
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 |
Affordability — Hartford, CT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.7 |
| Median Home Price | $210,000 |
| Median Household Income | $33,500 |