The story of this market
The typical home in ZIP 06118 sells for about $324,900, or $205 per square foot.
Prices are roughly flat from a year ago (+0.15%), a market in balance. Homes take about 23 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,353 a month.
ZIP 06118 — East Hartford
The 06118 housing market exhibits balanced demand with a median listing price of $324,900. Inventory remains tight, supporting steady year-over-year price appreciation. Several metrics, including specific sales counts and detailed tax history, were sourced from regional market reports as ZIP-specific data points were limited.
This area is suitable for family buyers and commuters seeking relatively affordable housing within the Hartford metropolitan region.
Median prices moved up 0.1% year over year.
Homes spend a median of 23 days on market with 3.2 months of supply — a fast-moving market.
17% of listings have cut prices · homes sell at 99.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.8% · poverty 12.6% — a stable, low-distress profile.
Built from 30 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.
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 7.6%/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 6.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 06118, 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 mean travel time to work for residents in this ZIP code is approximately 22.8 minutes.
The local economy is integrated into the broader Hartford-West Hartford-East Hartford metropolitan area, which features a mix of insurance, aerospace, and healthcare industries.
Data retrieved from Census Reporter ZCTA 06118 profile.
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.
Riverfront park along the Connecticut River with trails and views.
Public golf course serving the local community.
Deterministic aggregate of 1 researched property in this ZIP (latest reading each) — each property weighs one; per point, properties lacking the value are excluded. Property-level records (taxes, scores, permits) never roll individually.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.