Is Hartford County, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hartford County is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Hartford County has remained a Seller's Market.

Key Takeaway

Hartford County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Hartford County, CT

How much do homes in Hartford County, CT cost?

Median Sold Price

$325,734

$194/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$28,663(+9.6%)

Key Takeaway

Homes in Hartford County have sold for 9.6% more than they did a year ago.

Summary: The median home sold price in Hartford County was $325,734 in March 2024, up 9.6% from last year, and the median price per square foot was $194.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $122K$140K
+14.8%
2 $220K$245.2K
+11.5%
3 $300K$329.7K
+9.9%
4 $403.5K$428.8K
+6.3%
5+ $349.9K$400K
+14.3%

Summary: Hartford County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.8%, 2 bedroom homes increased by 11.5%, 3 bedroom homes increased by 9.9%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 14.3%.

Median Sold Price Compared To Nearby Counties

Litchfield County
+12.2%
Tolland County
+11.4%
Hartford County
+9.6%
Hampden County
+7.1%
Middlesex County
+5.8%

Housing Supply in Hartford County, CT

How many homes are available in Hartford County, CT?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1,7961,855+3.3%

Summary: The Hartford County real estate market had 1,855 homes for sale in March 2024, a 3.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 8174
-8.6%
2 364378
+3.8%
3 692725
+4.8%
4 407429
+5.4%
5+ 252249
-1.2%

Summary: The Hartford County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 8.6%, 2 bedroom homes increased by 3.8%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes decreased by 1.2%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
488544+11.5%

Asking Price vs. Sold Price

121 Homes Were Sold
Under Asking

54 Homes Were Sold
At Asking

369 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hartford County, you could pay more than the asking price. 67.8% of homes here sold above asking price last month.

Summary: A total of 544 homes were sold or pending in Hartford County in March 2024, up by 11.5% month-over-month. Of the 544 sold homes, 22% were sold under asking, 10% were sold at asking, and 68% were sold over asking.

Days on Market for Hartford County, CT

How long does it take to sell a home in Hartford County, CT?

Average Sale Time

Mar 2023Mar 2024CHANGE
127 Days14 Days-88.6%

Summary: Homes in Hartford County had an average of 14 days on market in Mar 2024, down by 88.6% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Hartford County are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 544 homes were sold in Hartford County; 1% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 18 Days Ago

Newest Listings in Hartford County, CT

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What housing markets are near Hartford County, CT?