Welcome to our 6051 real estate data hub, tailored for investors in New Britain, CT. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 6051 in New Britain, CT. Discover Section 8 housing opportunities and challenges to maximize your investment potential in HARTFORD COUNTY.
Leverage our comprehensive, zip code-specific data to excel in New Britain, CT real estate investing. Uncover the wealth of information available, and position yourself for success in the New Britain property market.
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Location Overview
- Zip Code: 6051
- City: New Britain
- State: CT
- Metro Area: Hartford-East Hartford-Middletown, CT
- County Name: HARTFORD COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $212,183
- Average Home Price (Single Family Homes): $222,097
- Average Monthly Rental Price (All Types): $1,299
- Price-to-Rent Ratio: 14
- Zillow Projected % appreciation from 4/2023-4/2024: -1.8%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,280
- Average 3 Bedroom Section 8 Rental Rates: $1,560
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 13.81
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 11.33
- Number of Units Offered in Section 8 in the County: 8948
- Number of Occupied Units in Section 8 in the County: 8455
- Percentage of Section 8 Units Occupied in the County: 94.5%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 93.12
- Total % Appreciation since 2000 (Government Data): 150.96
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 2.44%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 10.48%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 37.34%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 60.15%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 86%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 55.27%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 121.96%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): -5.01%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 15.74%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%