Hartford, CT 06120 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 value indicator is the median sold price of 125,000, which signals recent transaction-level pricing for SFR and condo product in 06120; this representative recent sale level supports pricing benchmarks for valuations and underwriting. up price momentum
2. Liquidity appears muted: the median days on market of 255 suggests slower sales velocity and longer time-to-contract compared with typical fast-moving markets, which may indicate pricing friction or selective buyer activity. moderate transaction velocity
3. Supply/demand balance in the analyzed sample shows relatively constrained active supply versus sales activity, consistent with a hot market temperature and the price year-over-year trend: up, which together point to continued upward pressure on listing-to-sale conversions despite slower individual deal timelines. hot market
4. Affordability and investor considerations: the median price per square foot of 160 alongside a median market rent of 1,600 provides a current snapshot for rent/price comparisons, but elevated interest rate pressure may constrain buyer purchasing power and slow re-pricing. elevated interest rate pressure

Notable Properties

The following 5 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.