CT · Metro #49

Hartford - CT housing market

The Hartford metro has a typical home value of $394,221, up 5.1% from a year ago. Homes are moving fast at 7 days on market - a strong seller's market. Data from Zillow Research, updated monthly.

Typical home value
$394,221
+5.1% vs. year ago
Median sale price
$365,219
+5.4% YoY
Median list price
$389,666
Sale-to-list ratio
101.9%
Selling above ask
Days on market
7d
Listings w/ price cut
11.7%
New listings / mo
844
-7.5% YoY
Homes for sale
1,504
-4.4% YoY
Typical rent
$1,940/mo
+2.9% YoY
Context

How to read this data

The typical home value ($394,221) 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 5.1% over the past year. In Hartford - CT, that means a home worth $375,091 last year is now worth roughly $394,221.

The median sale price , what homes actually close for , is $365,219. Homes are selling at 101.9% of list price, meaning buyers are typically paying at or above asking.

Homes listed in Hartford - CT sit on the market for roughly 7 days before going pending. Shorter = seller's market; longer = buyer's market.

About 11.7% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 844 new listings hit the market each month in Hartford - CT. There are currently 1,504 homes for sale, down 4.4% from a year ago.

The typical monthly rent in Hartford - CT is $1,940, up 2.9% 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$681,578 +5.4% 10.0d
New Haven - CT$402,814 +4.7% 10.0d
Norwich - CT$418,336 +6.1% 9.0d
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