Hartford, CT 06106 Real Estate Market Report

ZIP Code: 06106
Report Date: March 2026
Market Temperature: HOT
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The median sold price in Hartford, CT (ZIP: 06106) is $262,499.5, reflecting a competitive market environment. Despite elevated mortgage rates acting as a headwind, the market remains hot, with strong underlying demand. The neighborhood has increased up since 2023, indicating resilience in home values amidst fluctuating conditions.

Transaction activity shows moderate sales velocity, with 243 days on the market suggesting slower turnover. The current landscape features elevated inventory levels, which may indicate excess supply relative to sales activity. This imbalance could lead to pricing friction as sellers adjust expectations in response to market dynamics.

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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 Hartford CT market average around 6.22% to 6.75%, which is higher than the 6.67% average seen this time in 2025.

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 median sold price of $262,499.5 indicates strong buyer interest despite elevated interest rates.

2. With 243 days on market, properties are experiencing slower sales velocity, suggesting a need for strategic pricing adjustments.

3. The median listing price of $307,450 reflects a significant gap from the sold price, indicating potential pricing friction in the market.

4. The median market rent of $1,824 is up, suggesting a strengthening rental market that may attract investors.

5. Overall, the market temperature is hot, but elevated inventory levels could lead to a more balanced market if sales do not accelerate.

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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.