The story of this market
The typical home in ZIP 06042 sells for about $315,000, or $202 per square foot.
Prices are up +5.35% from a year ago, so sellers still have some momentum. Homes take about 44 days to sell. HUD's fair market rent for a two-bedroom is $1,736 a month.
ZIP 06042 — Manchester
The 06042 housing market shows a median listing price of $315,000 with a 5.35% year-over-year increase. The market is currently experiencing a seller's market dynamic with a sale-to-list ratio of 105%. Several metrics, including specific tax rates and historical price trajectories, were not available at the ZIP level.
This ZIP is well-suited for local investors and buyers seeking entry-level housing, as it offers a more accessible price point compared to surrounding areas in the Capitol Planning Region.
Median prices moved up 5.3% year over year.
Homes spend a median of 44 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 105% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.4% · poverty 10.5% — a stable, low-distress profile.
Built from 329 recorded sales in the last 24 months against HUD 3-bedroom fair market rents. The location premium is the part of the price that rent, income, education, employment, vacancy, price trend, hazard, lending and flood risk don't explain. It usually reflects amenities, schools and scarcity. It's area context and does not change this ZIP's home value estimates.
ZCTA 06042, Hartford County, CT
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Connecticut) — Municipal Real Property Tax Assessment & Mill Rate Mechanics: Under C.G.S. § 12-62a, all taxable real property is assessed uniformly at a mandatory 70% assessment ratio of its fair market value (FMV). Real property tax is computed annually using the formula: Assessed Value = Fair Market Value × 0.
The rental market in 06042 is characterized as a local-operator environment where tenant stability and maintenance management are key drivers of performance.
The area is part of the broader Capitol Planning Region, with an economy supported by a mix of local services and proximity to regional employment hubs.
Data sourced from Census and income statistics; specific ACS breakdown components not provided in search results.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.