New Britain, Connecticut.
Typical home $307,346 (+7.9% in a year), asking rent $1,661 (+5.6%). Hartford-East Hartford-Middletown, CT metro.
to buy the typical home at today's mortgage rate — +$1,018 (+171%) since Jan 2020.
- 1 year
- Up $22,611 +8%
- $284,734$307,346 since Sep 2025
- 5 years
- Up $103,524 +51%
- $203,821$307,346 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- New Britain$1,613
- Connecticut$2,348
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 8 years.
Typical home values in New Britain, CT rose 7.9% over the past year — faster than the nation's +1.2%.
Asking rents in New Britain, CT rose 5.6% over the past year — faster than the nation's +2.7%.
Owning the typical home in New Britain runs $888/mo more than renting one — the widest that gap has been in this data.
That is $2,548 a month against $1,661 rent: a $1,613 mortgage payment, plus $606 property tax and $329 insurance & upkeep.
Owning vs renting — New Britain
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$2,548
- Renting$1,661
- Mortgage only$1,613
Property tax · $606/mo 2.37% of value a year — the ACS 2017-2021 median bill over the median home value for Hartford County, CT
Insurance & upkeep · $329/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in New Britain, Connecticut
New Britain is a city of 74,135 people in . Half its households earn more than $58,613 a year and half less; 18% of its people live below the poverty line. 45% of its homes are lived in by their owners and 55% are rented. Unemployment in New Britain was 7.9% in August 2026. The most residents work in schools and health care, then manufacturing.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. New Britain is a city with a younger population than most of the country, and more renters than owners. Incomes run below the national picture, and a four-year degree is less common among adults here than elsewhere. Winters are cold, with January the coldest month, summers turn properly warm by July, and rain and melted snow fall steadily through the year.
Work. Many residents work in schools, hospitals and social care, with manufacturing, shops, and restaurants and hotels also employing a good share. Among the largest workplaces in New Britain are THE Hospital of Central Connecticut, the New Britain School District and Central Connecticut State University. Unemployment is higher now than it was a year ago, and the typical commute is a short one.
Things to do. The New Britain Museum of American Art and Walnut Hill Park are both in or beside town, and Veterans Stadium is there too for a ball game. A short drive away are the Wadsworth Atheneum Museum of Art and the Mark Twain House, both museums, and Lake Compounce, an amusement park.
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- 28,974households
- 20%of adults have a degree
- 18%below the poverty line
- 22 mintypical commute
- 8%work from home
What residents work in
Employed residents by industry, from the Census survey.
Weather through the year
Coldest in January, with highs near 37° and lows near 20°; warmest in July, with highs near 85° and lows near 66°. About 43 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Hartford Brainard Field weather station, 8 miles away (NOAA).
Largest workplaces in New Britain
- THE Hospital of Central ConnecticutGeneral hospital1,991FTE
- New Britain School DistrictSchool district1,857FTE
- Central Connecticut State UniversityUniversity or college1,477
- Hospital for Special CareLong-term care hospital883FTE
- Charter Oak State CollegeUniversity or college366
- Rich Products New BritainDesserts, frozen, manufacturing359
- New Britain Hand Tools, Stanley Black & DeckerTools, hand, metal blade329
- Costco WholesaleWholesale grocer277
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 58 workplaces with 20 or more staff, 10,523 people in all. Hospitals come from their Medicare cost reports (CMS, 2023), school districts from the Common Core of Data (NCES, 2023–24) and colleges from IPEDS (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Ice stormsVery high
- Inland floodingRelatively high
- Cold wavesRelatively high
- HurricanesRelatively high
- LightningRelatively high
- TornadoesRelatively high
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms across its planning region, against the rest of the country; all of them together, relatively high. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on and the Hartford-East Hartford-Middletown, CT metro.
New Britain home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- New Britain$307,346
- Connecticut$447,319
- United States$366,157
Sellers are cutting prices on about 1 in 6 New Britain listings, and the typical home goes pending in 10 days — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- New Britain16.01%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- New Britain10
- United States27
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- New Britain83
New listings per month
Sellers arriving at the market.
- New Britain42
Median sale price
What buyers actually paid — closed sales, not asking prices.
- New Britain$304,197
- United States$371,407
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
- New Britain104.99%
Zip codes with a New Britain address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls New Britain — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.
Zip codes in New Britain
| Zip activate to sort by Zip | Place activate to sort by Place | Population sorted descending, activate to sort ascending | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|
| 06053 | New Britain | 36,774 | $1,631 | $307,586 |
| 06051 | New Britain | 29,548 | $1,651 | $288,207 |
| 06052 | New Britain | 7,916 | $1,704 | $363,225 |