Market Snapshot
- Median listing price
- $220K
- Median rent
- $1,600/mo
- Days on market
- 181 days
- Gross rental yield
- 8.73%
The median listing price in Hartford, CT ZIP 06120 is $220,000 as of July 2026.
The median market rent in Hartford, CT ZIP 06120 is $1,600/month as of July 2026.
The median days on market in Hartford, CT ZIP 06120 is 181 days as of July 2026. The market is currently hot.
At a median list price of $220,000 and a median rent of $1,600/month, the gross rental yield in Hartford, CT ZIP 06120 is 8.73% as of July 2026.
Hartford, CT 06120 Real Estate Market Report
ZIP Code: 06120
Report Date: July 2026
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
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
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.
Current Mortgage Rate Context
Market-level mortgage rate comparison for this area:
Current 30-year fixed mortgage rates in Hartford CT are 6.49%, reflecting a market environment where typical loans originated earlier in 2026 at approximately 5.99% now face a 0.50% rate increase.
Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.
Key Findings
- $239,000 is the median sold price and serves as the primary indicator of current market value; with the market labeled hot and the price trend reported as up, recent transactions point to accelerating price pressure while the median days on market of 181 suggests slower sales velocity than a typical fast-turn market.
- $167 per square foot is the median price per square foot; paired with a $1,600 median market rent and a reported rent trend of up, these metrics indicate strengthening rental rates alongside rising sales prices.
- Hot market temperature signals strong demand pressure even though the analyzed sample indicates relatively constrained active supply; this combination may produce pricing friction and suggests sellers can expect continued interest, while buyers face affordability challenges.
- Elevated interest rate pressure is present; Current 30-year fixed mortgage rates in Hartford CT are 6.49%, reflecting a market environment where typical loans originated earlier in 2026 at approximately 5.99% now face a 0.50% rate increase — this elevated rate pressure may constrain buyer purchasing power despite rising prices and rents.
Notable Properties
The following 6 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
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Investment Analysis
Compare rental income potential against ownership costs and benchmark against market averages.
Monthly rental income vs estimated ownership cost
20% down, 6.49% rate, 1.4% tax
Avg nightly rate and occupancy for this ZIP
Data Sources
Real estate market data & public records, and GemHaus® proprietary models.
Report generated: 7/10/2026
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