CT · Metro #49

Hartford - CT housing market

The Hartford metro has a typical home value of $406,788, up 5.3% from a year ago. Homes are moving fast at 6 days on market, a strong seller's market. Data from Zillow Research, updated monthly.

Typical home value
$406,788
+5.3% vs. year ago
Median sale price
$369,682
+4.3% YoY
Median list price
$414,966
Sale-to-list ratio
104.2%
Selling above ask
Days on market
6d
Listings w/ price cut
14.0%
New listings / mo
1,357
+5.2% YoY
Homes for sale
2,126
+2.1% YoY
Typical rent
$2,013/mo
+3.1% YoY
Context

How to read this data

The typical home value ($406,788) is the Zillow Home Value Index for the Hartford - CT metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are up 5.3% over the past year. In Hartford - CT, that means a home worth $386,313 last year is now worth roughly $406,788.

The median sale price , what homes actually close for , is $369,682. Homes are selling at 104.2% of list price, meaning buyers are typically paying at or above asking.

Homes listed in Hartford - CT sit on the market for roughly 6 days before going pending. Shorter = seller's market; longer = buyer's market.

About 14.0% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 1,357 new listings hit the market each month in Hartford - CT. There are currently 2,126 homes for sale, up 2.1% from a year ago.

The typical monthly rent in Hartford - CT is $2,013, up 3.1% year over year. For investors, the price-to-rent ratio here is roughly 17x annual rent.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

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Related

Other metros in CT

MetroHome value1-yr changeDays on market
Bridgeport - CT$700,497 +5.6% 11.0d
New Haven - CT$414,658 +4.9% 8.0d
Norwich - CT$436,140 +6.6% 7.0d
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