$6,828 Closing Credit*
$575,000
5,838 SqFt
9 Beds
Maria Balarezo, Listing Office: Five Stars Realty
Is Hartford, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$289,900
$127/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$39,900(+16.0%)
Key Takeaway
Homes in Hartford have sold for 16% more than they did a year ago.
Summary: The median home sold price in Hartford was $289,900 in October 2024, up 16% from last year, and the median price per square foot was $127.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $91K | $83.7K | -8.0% |
| 2 Bedrooms | $144.9K | $165K | +13.9% |
| 3 Bedrooms | $220K | $260K | +18.2% |
| 4 Bedrooms | $245K | $282K | +15.1% |
| 5+ Bedrooms | $328.3K | $375K | +14.2% |
Summary: Hartford housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8%, 2 bedroom homes increased by 13.9%, 3 bedroom homes increased by 18.2%, 4 bedroom homes increased by 15.1%, and 5+ bedroom homes increased by 14.2%.
Median Sold Price Compared To Nearby Cities
| Hartford | $250K | $289.9K | +16.0% |
| West Hartford | $414.8K | $477.9K | +15.2% |
| East Hartford | $250K | $280K | +12.0% |
| Bloomfield | $318.8K | $345K | +8.2% |
| Wethersfield | $337.4K | $362.5K | +7.4% |
Housing Supply in Hartford, CT
How many homes are available in Hartford, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 209 | 213 | +1.9% |
Summary: The Hartford real estate market had 213 homes for sale in October 2024, a 1.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 17 | 15 | -11.8% |
| 2 Bedrooms | 28 | 29 | +3.6% |
| 3 Bedrooms | 54 | 54 | 0.0% |
| 4 Bedrooms | 27 | 34 | +25.9% |
| 5+ Bedrooms | 83 | 81 | -2.4% |
Summary: The Hartford housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 11.8%, 2 bedroom homes increased by 3.6%, 3 bedroom homes remained the same, 4 bedroom homes increased by 25.9%, and 5+ bedroom homes decreased by 2.4%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 42 | 37 | -11.9% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
26 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hartford, you could pay more than the asking price. 70.3% of homes here sold above asking price last month.
Summary: A total of 37 homes were sold or pending in Hartford in October 2024, down by 11.9% month-over-month. Of the 37 sold homes, 16% were sold under asking, 14% were sold at asking, and 70% 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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