Bankruptcy Homes in East Hartford, CT

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Home Value Estimator For East Hartford, CT

There are currently 14,644 real estate properties in East Hartford, CT, with a median automated valuation model (AVM) price of $263,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in East 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 East Hartford, CT, is $254,055.00, with the most expensive house in East Hartford, CT, topping out at $4,697,100.00 and the cheapest home in East Hartford, CT, clocking in at $22,960.00. In other words, there’s something for every potential homebuyer or savvy investor in East Hartford, CT!

Rent Prices In East Hartford, CT

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in East Hartford, CT, is on a rollercoaster ride. The average rent price in East Hartford, CT, is $1,381.00. Indeed, when looking to rent in East Hartford, CT, you can expect to pay as little as $710.00 or as much as $3,590.00, with the average rent median estimated to be $1,420.00. The good news is that finding an affordable and desirable property to rent in East 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.

Top Reasons To Live In East Hartford, CT In 2024

East Hartford is located in Hartford, Connecticut, with an estimated municipal population of 50,272 residents. All of the best foreclosed homes for sale in East Hartford are located in the following zip code areas on 06108 06118 06128 06138. The estimated population per square kilometer (.62 miles) in East Hartford is 1,078.

Cost Of Living In East Hartford, CT

So, about how much do homes cost in East Hartford? The most recent median value of resident-owned homes in East Hartford is 164,199. An estimated 58.5 percent of households in East Hartford own their homes, with an average family size of 3.21. The median household income in East Hartford is 55,967, with26.5 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in East Hartford, the median commute time of resident workers (in minutes) is 23. And last, but certainly not least, are you looking for homes to rent in East Hartford? If so, the average rent price paid by renters in East Hartford is 1,032, according to recent statistics.

Diversity And Demographics In East Hartford, Connecticut

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 East 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 East Hartford is 37.8, split between 50.3 percent male versus 49.7 female. The percentage of residents who report being married in East Hartford is 37.9, with an average family size of 3.21.

The percentage of residents who report their race in East Hartford is as follows:

White 55.1%
Black / African American 26.5%
Asian 3.6%
American Indian / Alaskan Native 0.8%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 3.5%
Other 10.5%

Looking for family-friendly neighborhoods in and/or near East Hartford? Or maybe you are searching for 55+ active adult communities in and/or near East Hartford?

The percentage of residents who report their age in East Hartford is as follows:

Under 10 11.8%
Aged 10-19 13.4%
20s 14.8%
30s 13.5%
40s 13.8%
50s 13%
60s 10.2%
70s 5.5%
80+ 4.1%

Best Schools In East Hartford, Connecticut

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 East Hartford with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in East Hartford.

Pros And Cons Of Living In East Hartford, Connecticut

How do you know that living in -- or moving to -- East Hartford is right where you need to be? Perhaps you grew up in East Hartford or already live nearby; therefore, the decision to buy a home in East Hartford is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to East 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 East Hartford:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like East Hartford.

Reasons To Move To East Hartford, Connecticut, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in East Hartford can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in East Hartford, meanwhile, can field multiple offers from more qualified buyers.

East Hartford, CT Bankruptcy Homes


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