Is Hartford County, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
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
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
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $122K | $140K | +14.8% |
| 2 Bedrooms | $220K | $245.2K | +11.5% |
| 3 Bedrooms | $300K | $329.7K | +9.9% |
| 4 Bedrooms | $403.5K | $428.8K | +6.3% |
| 5+ Bedrooms | $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 | $299.9K | $336.6K | +12.2% |
| Tolland County | $305.1K | $340K | +11.4% |
| Hartford County | $297K | $325.7K | +9.6% |
| Hampden County | $289.4K | $309.9K | +7.1% |
| Middlesex County | $340.3K | $360K | +5.8% |
Housing Supply in Hartford County, CT
How many homes are available in Hartford County, CT?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 1,796 | 1,855 | +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
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 81 | 74 | -8.6% |
| 2 Bedrooms | 364 | 378 | +3.8% |
| 3 Bedrooms | 692 | 725 | +4.8% |
| 4 Bedrooms | 407 | 429 | +5.4% |
| 5+ Bedrooms | 252 | 249 | -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 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 488 | 544 | +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
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 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 127 Days | 14 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
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.
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