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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Harwinton, CT Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Harwinton, CT Housing Market Trends

With 5,562 people, 2,069 houses or apartments, and a median cost of homes of $508,895, Harwinton real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Harwinton, accounting for 93.62% of the town's housing units. Other types of housing that are prevalent in Harwinton include duplexes, homes converted to apartments or other small apartment buildings ( 3.28%), row houses and other attached homes ( 2.24%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Harwinton. Owner-occupied housing accounts for 92.97% of Harwinton's homes, and 77.03% have either three or four bedrooms, which is average sized relative to America.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Harwinton's housing was primarily built during this period, from the '40s through the '60s. A full 44.22% of the town's housing hails from this era. Other housing ages represented in Harwinton include homes built between 1970-1999 ( 30.91%) and housing constructed before 1939 ( 14.44%). There's also some housing in Harwinton built between 2000 and later ( 10.43%).

Vacant housing appears to be an issue in Harwinton. Fully 10.82% of the housing stock is classified as vacant. Left unchecked, vacant Harwinton homes and apartments can be a drag on the real estate market, holding Harwinton real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Harwinton Home Appreciation Rates

Harwinton's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Harwinton during the period has been just 4.96%, which is lower than 70% of US communities.

Appreciation rates are so strong in Harwinton that despite a nationwide downturn in the housing market, Harwinton real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Harwinton appreciation rates continue to be some of the highest in America, at 10.42%, which is higher than appreciation rates in 95.76% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Harwinton. Harwinton appreciation rates in the latest quarter were at 0.12%, which equates to an annual appreciation rate of 0.50%.

Relative to Connecticut, our data show that Harwinton's latest annual appreciation rate is higher than 90% of the other cities and towns in Connecticut.

Average Home Values

Median Home Value

$508,895

Harwinton, CT Home Prices
> $1,328,000
$996,001 - $1,328,000
$664,001 - $996,000
$531,001 - $664,000
$398,001 - $531,000
$266,001 - $398,000
$133,001 - $266,000
$66,001 - $133,000
$0 - $66,000
0.0%
0.0%
2.2%
2.2%
14.3%
14.3%
19.2%
19.2%
28.8%
28.8%
20.4%
20.4%
13.6%
13.6%
1.1%
1.1%
0.4%
0.4%
0% 100.0%
% of Homes
High

for Connecticut

Very High

for nation

Number of Homes And Apartments:

2,069

Harwinton Appreciation Rates

Rent & Ownership

Average Market Rent:

$2,110 / per month

Homeownership Rate

Owners
Renters
93.0%
93.0%
7.0%
7.0%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
10.8%
10.8%
89.2%
89.2%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
10.4%
10.4%
30.9%
30.9%
44.2%
44.2%
14.4%
14.4%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
93.6%
93.6%
2.2%
2.2%
3.3%
3.3%
0.9%
0.9%
0.0%
0.0%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.0%
0.0%
2.9%
2.9%
15.5%
15.5%
54.4%
54.4%
22.6%
22.6%
4.6%
4.6%
0% 100.0%
% of Homes

Popular Neighborhoods in Harwinton

Zip Codes in Harwinton, CT