Hartford, CT 06114 Real Estate Market Report
ZIP Code: 06114
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.
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
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.
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
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.
Key Findings
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The primary market-value indicator remains median sold price: $275,000, which—combined with a hot market temperature and a price year-over-year trend of up—signals continued upward price momentum in recent transactions.
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Sales liquidity appears elongated with median days on market: 274, which suggests slower sales velocity despite a hot market temperature and may indicate pricing friction between seller expectations and buyer willingness to transact.
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Transaction-level pricing shows a median price per square foot: 117 while rental fundamentals show a median market rent: 1,600 and a rent year-over-year trend of up, indicating rising rents that support investment demand for SFR and condominium holdings.
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The market backdrop combines a moderate level of interest rate pressure (interest rate pressure: moderate) with a sample-indicated relatively constrained active supply, which together may sustain price appreciation but warrants caution on deal velocity and financing sensitivity.
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.
Recent Transactions
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Sold at market average
Sold at market average
Sold below market average
Sold below market average
Sold below market average
Sold below market average
Sold below market average
Hartford, CT 06114 Real Estate Market Report
ZIP Code: 06114
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.
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
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.
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
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.
Key Findings
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The primary market indicator, 72,000 for median sold price, indicates the representative recent sale level and supports a hot market characterization when combined with other trend signals.
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Liquidity appears slower despite strong pricing: 342 median days on market suggests extended time to close transactions and may indicate pricing friction or selective buyer activity rather than rapid turnover.
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Price efficiency remains modest at 103 median price per square foot, which, alongside the up price year-over-year trend, suggests continued buyer willingness to pay higher unit values in this market segment.
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Rental fundamentals are supportive of investment demand: 1,599 median market rent and a up rent year-over-year trend point to strengthening rent cashflows, while moderate interest rate pressure may temper leveraged buyer activity.
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.
Recent Transactions
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Sold above market average
Sold above market average
Sold above market average
Sold above market average
Sold above market average
Sold below market average
Sold below market average
Investment Analysis
Compare rental income potential against ownership costs and benchmark against market averages.
Monthly rental income vs estimated ownership cost
20% down, 6.5% rate, 1.5% tax
Avg nightly rate and occupancy for this ZIP
Data Sources
Real estate market data & public records, and GemHaus® proprietary models.
Report generated: 5/1/2026
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