GemHausNew report

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.

Analysis Window
90 Days
Total Properties Analyzed
9
Active Listings
3
Sold Properties
6

Market Metrics

Median Listing Price
$234,900
Median Sold Price
$275,000
Median Price per Sqft
$117/sqft

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

Median Market Rent
$1,600

Property Taxes

Property Tax Rate
1.47%

Liquidity & Velocity

Median Days on Market
274
Sale-to-List Ratio
100.0%

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.

Price YoY Trend
up
Market Temperature
hot
Rent YoY Trend
up
Interest Rate Pressure
moderate

Key Findings

  1. 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.

  2. 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.

  3. 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.

  4. 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

12 Bates Pl, Hartford, CT 06114
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

3 beds
2 baths
2,852 sqft
$375,000
Mar 1, 2026
$131/sqft/sqft
81 days on market
43 Yale St, Hartford, CT 06114
Market Benchmark

Sold at market average

3 beds
1 baths
2,918 sqft
$350,000
Apr 1, 2026
$120/sqft/sqft
106 days on market
80 Cowles St, Hartford, CT 06114
Market Benchmark

Sold at market average

3 beds
1 baths
3,154 sqft
$350,000
Mar 1, 2026
$111/sqft/sqft
92 days on market
166 George St, Hartford, CT 06114
Value

Sold below market average

2 beds
1 baths
2,891 sqft
$230,000
Apr 1, 2026
$80/sqft/sqft
226 days on market
166 George St, Hartford, CT 06114
Value

Sold below market average

2 beds
1 baths
2,891 sqft
$230,000
Apr 1, 2026
$80/sqft/sqft
226 days on market
60 Hubbard Rd, Hartford, CT 06114
Value

Sold below market average

2 beds
1 baths
1,786 sqft
$180,000
Feb 1, 2026
$101/sqft/sqft
107 days on market
60 Hubbard Rd, Hartford, CT 06114
Value

Sold below market average

2 beds
1 baths
1,786 sqft
$180,000
Feb 1, 2026
$101/sqft/sqft
107 days on market
170 Campfield Ave, Hartford, CT 06114
Value

Sold below market average

4 beds
1 baths
1,599 sqft
$150,000
Mar 1, 2026
$94/sqft/sqft
1316 days on market

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.

Analysis Window
90 Days
Total Properties Analyzed
8
Active Listings
2
Sold Properties
6

Market Metrics

Median Listing Price
$147,450
Median Sold Price
$72,000
Median Price per Sqft
$103/sqft

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

Median Market Rent
$1,599

Property Taxes

Property Tax Rate
1.65%

Liquidity & Velocity

Median Days on Market
342
Sale-to-List Ratio
100.0%

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.

Price YoY Trend
up
Market Temperature
hot
Rent YoY Trend
up
Interest Rate Pressure
moderate

Key Findings

  1. 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.

  2. 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.

  3. 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.

  4. 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

73 Mountford St Apt 3b, Hartford, CT 06114
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

2 beds
1 baths
846 sqft
$150,000
Jan 1, 2026
$177/sqft/sqft
1072 days on market
69 Mountford St Apt 3a, Hartford, CT 06114
Premium

Sold above market average

2 beds
1 baths
845 sqft
$149,000
Feb 1, 2026
$176/sqft/sqft
195 days on market
77-81 Mountford St # B4, Hartford, CT 06114
Premium

Sold above market average

1 beds
1 baths
925 sqft
$147,500
Feb 1, 2026
$159/sqft/sqft
68-70 Morris St # 102, Hartford, CT 06114
Premium

Sold above market average

2 beds
1 baths
704 sqft
$139,000
Nov 1, 2025
$197/sqft/sqft
51 Congress St Apt A, Hartford, CT 06114
Premium

Sold above market average

2 beds
1 baths
850 sqft
$135,000
Dec 1, 2025
$159/sqft/sqft
389 days on market
51 Congress St Apt A, Hartford, CT 06114
Premium

Sold above market average

2 beds
1 baths
850 sqft
$135,000
Dec 1, 2025
$159/sqft/sqft
389 days on market
2 Franklin Ave Apt C, Hartford, CT 06114
Value

Sold below market average

2 beds
1 baths
1,328 sqft
$107,000
Nov 1, 2025
$81/sqft/sqft
256 days on market
2 Franklin Ave Apt C, Hartford, CT 06114
Value

Sold below market average

2 beds
1 baths
1,328 sqft
$107,000
Nov 1, 2025
$81/sqft/sqft
256 days on market

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$207/mo
06114 Avg Rent
06114 Cost to Own
Rent$1,600
Own$1,807

20% down, 6.5% rate, 1.5% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

06114 Avg nightly rate
06114 Avg occupancy (days/year)
Nightly rate$148/night
Occupancy166 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 5/1/2026

GemHaus

Get personalized market intelligence

Analyze properties in Hartford, CT with valuations, rental estimates, highest-and-best-use signals, and operating costs.

Nearby Market Reports