06106, Hartford, CT

The Hartford, CT 6106 zip code has a median home value of $183,000 and a median home equity of $111,000. This is significantly lower than the national median home value of $217,500 and the national median home equity of $146,200. There are a number of factors that may contribute to these low values in the Hartford 6106 zip code. Some possible reasons include:

-Low population density: The Hartford 6106 zip code has a population density of only 1,527 people per square mile which is much lower than the national average population density of 2,550 people per square mile. This low population density may lead to less competition for homes and higher prices.

-Low incomes: The Hartford 6106 zip code has a poverty rate of 27% which is much higher than the national poverty rate of 14%. This high poverty rate may lead to fewer opportunities for people to buy homes and drive up prices.

-Poor quality housing: The Hartford 6106 zip code has a high percentage of vacant or abandoned homes which may drive up prices for those homes that are still available. These vacant or abandoned homes may also have significant damage that needs to be fixed before they can be sold at a fair price.