There are currently 19,795 real estate properties in Hartford, CT, with a median automated valuation model (AVM) price of $230,500.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Hartford, CT, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Hartford, CT, is $318,425.00, with the most expensive house in Hartford, CT, topping out at $8,572,500.00 and the cheapest home in Hartford, CT, clocking in at $37,500.00. In other words, there’s something for every potential homebuyer or savvy investor in Hartford, CT!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Hartford, CT, is on a rollercoaster ride. The average rent price in Hartford, CT, is $1,377.00. Indeed, when looking to rent in Hartford, CT, you can expect to pay as little as $620.00 or as much as $3,160.00, with the average rent median estimated to be $1,350.00. The good news is that finding an affordable and desirable property to rent in Hartford, CT -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Hartford, CT area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Hartford, CT and much more. Save thousands at closing with home foreclosure listings in Hartford, CT — up to 75% off market value!
Hartford is located in Hartford, Connecticut, with an estimated municipal population of 122,105 residents. All of the best foreclosed homes for sale in Hartford are located in the following zip code areas on Foreclosure.com: 06106 06105 06103 06120 06112 06160 06114 06101 06102 06104 06115 06123 06126 06127 06132 06133 06134 06140 06141 06142 06143 06144 06145 06146 06147 06150 06151 06152 06154 06167 06176 06183. The estimated population per square kilometer (.62 miles) in Hartford is 2,712.
So, about how much do homes cost in Hartford? The most recent median value of resident-owned homes in Hartford is 164,978. An estimated 24 percent of households in Hartford own their homes, with an average family size of 3.3. The median household income in Hartford is 36,278, with12.5 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Hartford, the median commute time of resident workers (in minutes) is 22.7. And last, but certainly not least, are you looking for homes to rent in Hartford? If so, the average rent price paid by renters in Hartford is 985, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Hartford, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Hartford is 32.1, split between 47.6 percent male versus 52.4 female. The percentage of residents who report being married in Hartford is 24.1, with an average family size of 3.3.
The percentage of residents who report their race in Hartford is as follows:
|Black / African American||37.7%|
|American Indian / Alaskan Native||0.4%|
|Native Hawaiian / Other Pacifc Islander||0.1%|
Looking for family-friendly neighborhoods in and/or near Hartford? Or maybe you are searching for 55+ active adult communities in and/or near Hartford?
The percentage of residents who report their age in Hartford is as follows:
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Hartford with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Hartford.
How do you know that living in -- or moving to -- Hartford is right where you need to be? Perhaps you grew up in Hartford or already live nearby; therefore, the decision to buy a home in Hartford is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Hartford for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Hartford:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Hartford.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Hartford can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Hartford, meanwhile, can field multiple offers from more qualified buyers.
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