Hartford, CT 06112 Real Estate Market Report

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.

Market Metrics

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.

Rental Market

Property Taxes

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.

Market Trends & Context

Key Findings

1. The primary market indicator, the median sold price of 246,500, signals current realized market value for recent SFR and condo transactions and should be used as the leading pricing benchmark when underwriting or pricing listings.
2. Despite a high median days on market of 316, the market reports a hot temperature and up price year-over-year trend, which suggests pricing strength coexisting with slower transaction velocity—this may indicate pricing friction or a mismatch between seller expectations and buyer willingness to transact quickly.
3. The median price per square foot of 121 and median market rent of 1,700 together frame both valuation and rental comparables for investors and owners; given the market is described as hot with rents up, expect sellers to retain pricing leverage while investors should model rent growth into cash-flow scenarios.
4. Sample-level supply conditions appear as a relatively constrained active supply in recent transactions, which aligns with the reported hot market temperature; pair this with moderate interest rate pressure when advising pricing strategy, as financing headwinds may temper some buyer segments even while sellers generally retain leverage.

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.