Hartford, CT 06120 Real Estate Market Report

ZIP Code: 06120
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.

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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.

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Market Metrics

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.

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Rental Market

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Property Taxes

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Liquidity & Velocity

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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.

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Key Findings

1. The neighborhood's primary market indicator, the median sold price is 219,000, signaling the current transaction-level market value and supporting the broader characterization of a hot market temperature.

2. Liquidity shows a mixed signal: the median days on market is 192, which may indicate slower sales velocity or pricing friction despite broader price strength; combined with a relatively constrained active supply in the analyzed sample, this suggests selective buyer activity rather than broad, fast-moving turnover.

3. Price efficiency remains elevated: the median price per square foot is 146, consistent with observed price appreciation and supporting a premium for appropriately positioned SFR and condominium listings in this ZIP code.

4. Rental dynamics are strengthening—median market rent is 1,600 and rent year-over-year trend is up—which, together with a elevated interest rate pressure signal, suggests investors may face higher financing costs even as rental demand and rents rise.

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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.

Hartford, CT 06120 Real Estate Market Report

ZIP Code: 06120
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.

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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.

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Market Metrics

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.

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Rental Market

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Property Taxes

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Liquidity & Velocity

Liquidity metrics unavailable due to insufficient data quality.

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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.

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Key Findings

1. The median sold price remains the primary indicator of realized market value and recent transaction activity; given the market is labeled hot, sellers can generally expect continued strong pricing power, so price positioning should prioritize recent closed comps over listing optimism.

2. The price year-over-year trend is up, which, combined with a hot market temperature, suggests listing strategies can be calibrated toward aggressive pricing with limited concessions, but sellers should still align with comparable solds to avoid pricing friction.

3. The median market rent ($1,350) is rising alongside rent year-over-year trend being up, indicating strengthening rental demand that may support investor interest in SFR and condo buy-to-rent plays; underwriting should reflect current rent levels rather than pre-pandemic norms.

4. Persistent elevated interest rate pressure is present, which may temper some buyer purchasing power despite a hot market; agents and investors should prepare for longer financing timelines and emphasize contract terms that reduce rate-related fall-through risk.

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Notable Properties

The following 4 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.