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Market Snapshot

Median listing price
$220K

The median listing price in Hartford, CT ZIP 06120 is $220,000 as of July 2026.

Median rent
$1,600/mo

The median market rent in Hartford, CT ZIP 06120 is $1,600/month as of July 2026.

Days on market
181 days

The median days on market in Hartford, CT ZIP 06120 is 181 days as of July 2026. The market is currently hot.

Gross rental yield
8.73%

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

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
180 Days
Total Properties Analyzed
9
Active Listings
3
Sold Properties
6

Market Metrics

Median Listing Price
$220,000
Median Sold Price
$239,000
Median Price per Sqft
$167/sqft

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
1.45%

Liquidity & Velocity

Median Days on Market
181
Sale-to-List Ratio
100.0%

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
elevated

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

  1. $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.
  2. $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.
  3. 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.
  4. 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

41 Loomis St, Hartford, CT 06120
Top Sale

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

5 beds1 baths1,680 sqft
$325,000
Jun 1, 2026
$193/sqft
77 days on market
75 Cleveland Ave, Hartford, CT 06120
Market Benchmark

Sold at market average

3 beds1 baths1,746 sqft
$280,000
Jan 1, 2026
$160/sqft
88 Tower Ave, Hartford, CT 06120
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds1 baths1,302 sqft
$274,000
Mar 1, 2026
$210/sqft
70 Ashford St, Hartford, CT 06120
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds1 baths2,195 sqft
$265,000
Jun 1, 2026
$121/sqft
262 days on market
171 Tower Ave, Hartford, CT 06120
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

2 beds2 baths1,862 sqft
$245,000
Feb 1, 2026
$132/sqft
46 Risley St, Hartford, CT 06120
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds1 baths1,248 sqft
$225,000
Mar 1, 2026
$180/sqft

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

$35/mo
06120 Avg Rent
06120 Cost to Own
Rent$1,600
Own$1,565

20% down, 6.49% rate, 1.4% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

06120 Avg nightly rate
06120 Avg occupancy (days/year)
Nightly rate$195/night
Occupancy266 of 365 days

Data Sources

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

Report generated: 7/10/2026

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