The story of this market
The typical home in ZIP 06114 sells for about $145,000, or $145 per square foot.
Prices are down 34.12% from a year ago, which gives buyers more room to negotiate. Homes take about 37 days to sell. HUD's fair market rent for a two-bedroom is $1,339 a month.
ZIP 06114 — Hartford
The 06114 housing market is currently experiencing significant downward pressure on home prices, with a 34.12% year-over-year decline in the median listing price. While rental demand remains strong with positive rent growth, the high poverty rate and lower median household income relative to the metro area suggest a challenging economic environment for local homeowners.
This area is primarily suited for renters and budget-conscious buyers, given the lower median home prices and high renter-occupancy rate compared to the state average.
Median prices moved down 34.1% year over year.
Homes spend a median of 37 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 8.4% · poverty 24.9% — a mixed stability profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 10.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
ZCTA 06114, 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.
Crime rates in the South End neighborhood of Hartford remain a primary concern for residents, with property and violent crime rates consistently trending higher than the national average.
Public schools in the area are part of the Hartford Public Schools district, which faces ongoing challenges regarding academic performance and resource allocation compared to suburban counterparts.
The area is subject to standard New England climate risks, including winter storm exposure and localized flooding in low-lying areas near the Connecticut River basin.
Economic momentum is driven by the broader Hartford insurance and healthcare sectors, though the immediate ZIP code area sees limited large-scale commercial development compared to the downtown core.
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.
Residents benefit from proximity to I-91 and I-84, providing direct access to downtown Hartford employment hubs, though public transit reliance is high for non-drivers.
The area features access to local neighborhood parks and is within a short drive of the larger recreational amenities and shopping districts found in the southern suburbs of Wethersfield.
The rental market shows sustained demand with a median rent of $1,700 and a year-over-year rent growth of 6.25%.
The local economy is characterized by a median household income significantly lower than the surrounding Hartford metro area and the national average.
The area is well-served by CTtransit bus routes and provides easy access to major highway interchanges, facilitating regional commuting.
Development is largely focused on infill projects and the rehabilitation of older residential properties to meet modern housing standards.
The Hartford Assessor's office conducts periodic revaluations to adjust property assessments to current market values.
Parcels are subject to municipal taxes and the Hartford Public Schools district levy.
Property insurance premiums are influenced by the area's urban density and historical risk profiles for fire and water damage.
The state has seen a modest trend of net domestic migration, with urban centers like Hartford attracting younger demographics.
Connecticut is a judicial foreclosure state, requiring court intervention for the foreclosure process.
Sellers are required to provide a standard residential property condition disclosure report to buyers.
Data retrieved from Census Reporter and data.census.gov profiles for ZCTA 06114.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Lake Compounce Amusement & Water Park4.213.8 mi
- Funcity Trampoline and Adventure Park4.24.3 mi
- Brownstone Adventure Sports Park4.411.3 mi
- Dave & Buster's Manchester4.17.8 mi
- Spare Time Bristol4.414.4 mi
- Lake Compounce Amusement & Water Park4.213.8 mi
- Pratt & Whitney Stadium at Rentschler Field4.43 mi
- Connecticut Convention Center4.51.7 mi
- PeoplesBank Arena4.32.2 mi
- The Bushnell Performing Arts Center4.71.8 mi
- Cinemark Buckland Hills 18 XD and IMAX4.57.6 mi
- AMC Plainville 204.410.1 mi
- The Mark Twain House & Museum4.72.7 mi
- Brownstone Adventure Sports Park4.411.3 mi
- Connecticut Science Center4.61.9 mi
- Lake Compounce Amusement & Water Park4.213.8 mi
- The Mark Twain House & Museum4.72.7 mi
- Connecticut Science Center4.61.9 mi
- Wadsworth Atheneum Museum of Art4.71.8 mi
- Dinosaur State Park4.56 mi
- Dinosaur State Park4.56 mi
- Wickham Park4.75.6 mi
- Bushnell Park4.71.9 mi
- Elizabeth Park Conservancy4.73.7 mi
- Talcott Mountain State Park4.89.3 mi
- Petzold's Marine Center4.79.9 mi
- TPC River Highlands4.77.5 mi
- Tunxis Country Club3.98.3 mi
- Wintonbury Hills Golf Course4.49.5 mi
- Blackledge Country Club4.512.3 mi
- Keney Park Golf Course4.24.7 mi
- Westfarms4.55 mi
- The Shoppes at Buckland Hills4.37.9 mi
- Stew Leonard's4.66.7 mi
- Parkville Market4.72.3 mi
- Bradley International Airport4.413.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Provides local green space and recreational facilities for neighborhood residents.
Features a variety of local businesses and dining options serving the South End.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.