The story of this market
The typical home in ZIP 06120 sells for about $156,600, or $148 per square foot.
Prices are up +13.7% from a year ago, so sellers still have some momentum. Homes take about 46 days to sell. HUD's fair market rent for a two-bedroom is $1,267 a month.
ZIP 06120 — Hartford
The 06120 housing market shows strong year-over-year price appreciation of 13.7%, though it faces challenges including high vacancy rates and significant poverty. Market data for specific metrics like sale-to-list ratios and effective tax rates are not currently published at the ZIP level. The area is currently viewed as a potential opportunity for investors due to cash flow potential, despite broader economic headwinds.
This ZIP is primarily suited for investors seeking a combination of appreciation and cash flow, though prospective homebuyers should carefully evaluate affordability relative to local income levels.
Median prices moved up 13.7% year over year.
Homes spend a median of 46 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 16.8% · poverty 38.1% — elevated distress and economic pressure.
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 6.0%/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 5.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
ZCTA 06120, 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 Hartford are significantly higher than the national average, with the city consistently ranking among the higher-crime areas in Connecticut.
Public schools in the area generally face significant challenges, with many institutions receiving lower performance ratings compared to suburban districts in the Hartford metro area.
The area is primarily an urban environment with standard risks for wind and fire; flood risk is localized to specific low-lying areas near the Connecticut River.
Economic momentum is tied to the broader Hartford regional economy, which is anchored by the insurance and healthcare sectors, though this specific ZIP has limited new large-scale commercial development.
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 have direct access to I-91 and I-84, providing relatively short drive times to downtown Hartford's employment core.
The area features proximity to local neighborhood parks and is within a short drive of the larger Keney Park, one of the largest municipal parks in New England.
The area exhibits high vacancy rates around 13.5% and elevated poverty levels, which may impact rent collection and investor risk profiles.
The local economy is characterized by higher unemployment rates and significant poverty, with a limited industrial base reported.
The area is well-served by CTtransit bus routes and provides easy access to major highway interchanges connecting to the wider New England region.
Development is largely focused on urban infill and the rehabilitation of existing multi-family housing stock.
Parcels are subject to the City of Hartford's municipal tax jurisdiction and the Hartford Public Schools district.
Property insurance premiums in Hartford are influenced by urban density and historical fire risk profiles.
Data retrieved from Census Reporter and Repit profiles.
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.
- Six Flags New England4.217.5 mi
- Lake Compounce Amusement & Water Park4.215.6 mi
- Funcity Trampoline and Adventure Park4.27.8 mi
- Brownstone Adventure Sports Park4.414.8 mi
- Sonny's Place4.517.2 mi
- Six Flags New England4.217.5 mi
- Lake Compounce Amusement & Water Park4.215.6 mi
- Pratt & Whitney Stadium at Rentschler Field4.43.4 mi
- Connecticut Convention Center4.51.8 mi
- PeoplesBank Arena4.31.4 mi
- Cinemark Buckland Hills 18 XD and IMAX4.56.4 mi
- AMC Plainville 204.412 mi
- The Mark Twain House & Museum4.72.2 mi
- Connecticut Science Center4.61.7 mi
- Elizabeth Park Rose Garden4.82.7 mi
- Lake Compounce Amusement & Water Park4.215.6 mi
- The Mark Twain House & Museum4.72.2 mi
- Connecticut Science Center4.61.7 mi
- Wadsworth Atheneum Museum of Art4.71.7 mi
- Dinosaur State Park4.59.5 mi
- Dinosaur State Park4.59.5 mi
- Wickham Park4.74.9 mi
- Bushnell Park4.71.7 mi
- Elizabeth Park Conservancy4.72.7 mi
- Talcott Mountain State Park4.87 mi
- TPC River Highlands4.711 mi
- Tunxis Country Club3.98.7 mi
- Wintonbury Hills Golf Course4.46.5 mi
- Keney Park Golf Course4.21.2 mi
- Gillette Ridge Golf Club4.24.1 mi
- Westfarms4.56.6 mi
- The Shoppes at Buckland Hills4.36.6 mi
- Stew Leonard's4.69.9 mi
- Parkville Market4.72.6 mi
- Bradley International Airport4.410.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A massive 694-acre municipal park offering trails, golf, and sports facilities.
Local retail hub serving the immediate neighborhood.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.