The housing market in Hartford, CT has been on the rise recently, with the median house value now standing at $180,200. This is significantly lower than the national median house value of $338,100. However, what makes this city stand out is its higher annual house appreciation rate of 10.23%, compared to the US average of 8.27%. This indicates that over the past year, homes in Hartford have gone up in value more quickly than their counterparts elsewhere in the country. It's no wonder why so many people are drawn to this vibrant city for a place to call home!
The median home cost in Hartford is $180,200. Home appreciation the last 10 years has been 41.7%. Home Appreciation in Hartford is up 11.5%.
Average Age of Homes
- The median age of Hartford real estate is 68 years old
The Rental Market in Hartford
- Renters make up 65.3% of the Hartford population
- 6.2% of houses and apartments in Hartford, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.