Hazardville, Connecticut Real Estate & Housing Market

Hazardville, CT Listings

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Hazardville Housing Information

Index	Hazardville	Connecticut	National
Median home price	$173,500	$269,300	$184,700
Median rent asked	$1,353	$1,094	$949
Avg. people per household	2.8	2.5	2.6
Owner occupied households	87.6%	66.5%	63.6%
Renter occupied households	12.4%	33.5%	36.4%

Above, you'll find an overview of the real estate market in Hazardville, CT. Generally, real estate in the Hazardville, CT area is more affordable in Connecticut, as the median price of a home in Hazardville, CT is $173,500, which is 36% lower than the Connecticut average. The median rental price in Hazardville, CT is $1,353. This is 24% higher than the average rental price in Connecticut. Home owners comprise 87.6% of the population of Hazardville, CT, where an average of 2.8 people live in each home. Various real estate options from luxurious homes to affordable condos and urban townhomes are available in Hazardville, CT. Below, you can search for real estate listings in Hazardville, CT using our search functionality that allows you to personalize your search and filter out location, price, and number of bedrooms and bathrooms.

Hazardville Home Affordability

When searching for real estate in Hazardville, CT, home affordability is a critical aspect. The ratio of the house price to the median household income is one method used to figure out home affordability. In Hazardville, CT, the median house price is $173,500, while the median income for households in the area is $76,875. Therefore, the ratio of house price to income is 2.3x; this ratio is 40% lower than the average in Connecticut. The calculation for the ratio of home affordability requires dividing the median household income by the median house price. The lower the aforementioned ratio, the more affordable homes are - when comparing the house price to the household income. However, there are more factors that come into play in terms of home affordability. The calculator below determines home affordability, and it can help you decide how much money you can afford to pay for real estate in Hazardville, CT.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Springfield, MA	153,991	$146,400	21%
Blue Hills, CT	3,181	$148,800	19%
Stafford Springs, CT	5,044	$158,500	14%
Manchester, CT	30,364	$167,700	9%
Rockville, CT	7,178	$169,400	8%
Hazardville, CT	4,986	$173,500	6%

Cities with similar population

City, State	Population	Home Price	National Avg.
Rainsville, AL	4,986	$113,500	39%
Penns Grove, NJ	4,985	$114,700	38%
San Leon, TX	4,987	$98,700	47%
Blaine, WA	4,988	$303,800	64%
Silver Springs, NV	4,984	$84,700	54%
Hazardville, CT	4,986	$173,500	6%

Source: The Hazardville, CT housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).