Hartford, CT 06106 Real Estate Market Report

ZIP Code: 06106
Report Date: May 2026
Market Temperature: HOT
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

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Property Taxes

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Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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Market Trends & Context

Understanding Market Temperature

A Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the 06106 area are 6.5% compared to 5.99% when typical loans originated in January 2026.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. $259,945 is the primary indicator of current market value based on recent transactions; the neighborhood’s median sold price suggests pricing has appreciated in a market described as hot, so sellers can reasonably expect firm offers if properties are well-positioned for sale.

2. The market shows slower transaction velocity with a median days on market of 287, which may indicate pricing friction or longer negotiation cycles despite the hot market temperature; this suggests sellers should prepare for extended marketing timelines and buyers may have time to exercise due diligence.

3. Pricing efficiency appears mixed: the median price per square foot of 143 combined with a median market rent of 1,600 points to modest rent-support for values, but rent trends are flat, so rental income is not currently driving strong upside.

4. Interest rate conditions show moderate pressure, with local 30-year fixed rates near 6.5% versus 5.99% earlier in January 2026; this moderate rate environment may temper some buyer urgency even as the market temperature remains hot.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Hartford, CT 06106 Real Estate Market Report

ZIP Code: 06106
Report Date: May 2026
Market Temperature: HOT
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

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Property Taxes

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Liquidity & Velocity

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Market Trends & Context

Understanding Market Temperature

A Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the 06106 area are 6.5% compared to 5.99% when typical loans originated in January 2026.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. The neighborhood's primary market indicator, the median sold price $159,000, confirms recent transaction-level strength and aligns with an overall up price trend year-over-year, suggesting realized appreciation in recent sales activity.

2. Despite the hotter market backdrop, the median days on market 991 is unusually long and may indicate slower sales velocity or reporting/sample timing issues; this extended time-to-contract appears to coexist with a slower sales velocity signal and suggests pricing friction for some listings.

3. Pricing density remains moderate at $169 per square foot, which—combined with a hot market temperature—may create opportunities for sellers in well-positioned SFR and condo listings while buyers should expect selective competition for competitively priced inventory.

4. Rental context shows a median market rent $1,800 with rent trends flat, and interest rate pressure labeled as moderate; together these signals suggest stable rental expectations but cautious buyer financing dynamics given 30-year fixed rates around a higher recent level.

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Notable Properties

The following 7 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.