$5,344 Closing Credit*
$450,000
3,265 SqFt
6 Beds
•3 Full Baths
Alexander Pryor, Listing Office: KW Legacy Partners
Is Hartford, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$295,000
$128/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$45,000(+18.0%)
Key Takeaway
Homes in Hartford have sold for 18% more than they did a year ago.
Summary: The median home sold price in Hartford was $295,000 in November 2024, up 18% from last year, and the median price per square foot was $128.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $89K | $83K | -6.7% |
| 2 Bedrooms | $145K | $165K | +13.8% |
| 3 Bedrooms | $223K | $262.5K | +17.7% |
| 4 Bedrooms | $246K | $285K | +15.9% |
| 5+ Bedrooms | $330K | $380K | +15.2% |
Summary: Hartford housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.7%, 2 bedroom homes increased by 13.8%, 3 bedroom homes increased by 17.7%, 4 bedroom homes increased by 15.9%, and 5+ bedroom homes increased by 15.2%.
Median Sold Price Compared To Nearby Cities
| Hartford | $250K | $295K | +18.0% |
| East Hartford | $250K | $285K | +14.0% |
| West Hartford | $422.6K | $479.5K | +13.5% |
| Bloomfield | $315K | $347K | +10.2% |
| Wethersfield | $339.4K | $365K | +7.5% |
Housing Supply in Hartford, CT
How many homes are available in Hartford, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 216 | 209 | -3.2% |
Summary: The Hartford real estate market had 209 homes for sale in November 2024, a 3.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 14 | 11 | -21.4% |
| 2 Bedrooms | 30 | 31 | +3.3% |
| 3 Bedrooms | 53 | 56 | +5.7% |
| 4 Bedrooms | 33 | 28 | -15.2% |
| 5+ Bedrooms | 86 | 83 | -3.5% |
Summary: The Hartford housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 21.4%, 2 bedroom homes increased by 3.3%, 3 bedroom homes increased by 5.7%, 4 bedroom homes decreased by 15.2%, and 5+ bedroom homes decreased by 3.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 44 | 39 | -11.4% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
22 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hartford, you could pay more than the asking price. 56.4% of homes here sold above asking price last month.
Summary: A total of 39 homes were sold or pending in Hartford in November 2024, down by 11.4% month-over-month. Of the 39 sold homes, 28% were sold under asking, 15% were sold at asking, and 56% 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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