Is Hartford, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Hartford has remained a Seller's Market.
Key Takeaway
Hartford is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hartford, CT
How much do homes in Hartford, CT cost?
Median Sold Price
$276,178
$120/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Hartford have sold for 12.7% more than they did a year ago.
Summary: The median home sold price in Hartford was $276,178 in June 2024, up 12.7% from last year, and the median price per square foot was $120.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $95K | $80K | -15.8% |
| 2 Bedrooms | $135K | $153K | +13.3% |
| 3 Bedrooms | $215K | $250K | +16.3% |
| 4 Bedrooms | $240K | $268.9K | +12.0% |
| 5+ Bedrooms | $318K | $360K | +13.2% |
Summary: Hartford housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.8%, 2 bedroom homes increased by 13.3%, 3 bedroom homes increased by 16.3%, 4 bedroom homes increased by 12%, and 5+ bedroom homes increased by 13.2%.
Median Sold Price Compared To Nearby Cities
| West Hartford | $393.3K | $455K | +15.7% |
| Hartford | $245K | $276.1K | +12.7% |
| Bloomfield | $305K | $332.9K | +9.2% |
| East Hartford | $245K | $266.8K | +8.9% |
| Wethersfield | $329.9K | $355K | +7.6% |
Housing Supply in Hartford, CT
How many homes are available in Hartford, CT?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 206 | 195 | -5.3% |
Summary: The Hartford real estate market had 195 homes for sale in June 2024, a 5.3% decrease compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 12 | 13 | +8.3% |
| 2 Bedrooms | 25 | 18 | -28.0% |
| 3 Bedrooms | 49 | 56 | +14.3% |
| 4 Bedrooms | 33 | 29 | -12.1% |
| 5+ Bedrooms | 87 | 79 | -9.2% |
Summary: The Hartford housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 8.3%, 2 bedroom homes decreased by 28%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 12.1%, and 5+ bedroom homes decreased by 9.2%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 45 | 48 | +6.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
37 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hartford, you could pay more than the asking price. 77.1% of homes here sold above asking price last month.
Summary: A total of 48 homes were sold or pending in Hartford in June 2024, up by 6.7% month-over-month. Of the 48 sold homes, 10% were sold under asking, 13% were sold at asking, and 77% were sold over asking.
Days on Market for Hartford, CT
We’re sorry, we don't have information for this market at the moment
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