Hartford, CT 06114 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

Market Trends & Context

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

Key Findings

1. The median sold price is the primary indicator of market value and recent transaction activity, but it is currently unavailable (null) in the dataset; this absence may reflect limited recent closed transactions in the sampled data or a reporting lag that prevents using sold-price benchmarking for precise valuation right now. data gap
2. The median days on market 291 signals notably slower sales velocity compared with typical market turnover and may indicate pricing friction or longer holding periods for sellers in this neighborhood; pricing and marketing strategies should account for extended time-to-close. slower sales velocity
3. The median price per square foot 115 combined with a median market rent 1,550 provides a baseline for unit-level valuation and rent comparables; investors and appraisers should use these exact figures when aligning listing or offer prices to local market benchmarks. pricing benchmark
4. The market is hot with year-over-year price movement reported as up, while rent trends are also up; however, interest rates are elevated with a 30-year fixed average of 6.72% and pressure classified as moderate, so stakeholders should balance strong price momentum against higher financing costs when formulating acquisition or disposition timing. rate caution

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.