The story of this market
The typical home in ZIP 06029 sells for about $440,000, or $265 per square foot.
Prices are up +4.2% from a year ago, so sellers still have some momentum. Homes take about 38 days to sell. HUD's fair market rent for a two-bedroom is $1,850 a month.
ZIP 06029 — Ellington
The Ellington housing market remains stable with steady demand for single-family homes, driven by its reputation for quality schools and rural character. While inventory remains tight, price growth has moderated compared to previous years. Buyers are active, though the market is sensitive to interest rate fluctuations.
This ZIP is ideal for families and professionals seeking a quiet, suburban-rural lifestyle with good schools and a manageable commute to major regional employment hubs.
Median prices moved up 4.2% year over year.
Homes spend a median of 38 days on market with 4.5 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.2% · poverty 4.5% — a stable, low-distress profile.
Built from 222 recorded sales in the last 24 months against HUD 3-bedroom fair market rents. The location premium is the part of the price that rent, income, education, employment, vacancy, price trend, hazard, lending and flood risk don't explain. It usually reflects amenities, schools and scarcity. It's area context and does not change this ZIP's home value estimates.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 06029, Tolland County, CT
Ellington generally experiences low crime rates, consistent with the broader rural-suburban character of Tolland County and significantly lower than the Connecticut state average.
The area is served by the Ellington Public Schools district, which is generally well-regarded for its academic performance and community-focused educational environment.
The region faces standard New England climate risks, including winter storm impacts and localized flooding in low-lying areas; property insurance remains stable but reflects regional weather patterns.
Economic momentum is driven by proximity to the Hartford employment corridor and local manufacturing and education sectors, with steady residential development.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Connecticut) — Municipal Real Property Tax Assessment & Mill Rate Mechanics: Under C.G.S. § 12-62a, all taxable real property is assessed uniformly at a mandatory 70% assessment ratio of its fair market value (FMV). Real property tax is computed annually using the formula: Assessed Value = Fair Market Value × 0.
Residents primarily commute by car toward Hartford or the University of Connecticut, with typical drive times ranging from 25 to 40 minutes depending on traffic.
The area features significant outdoor amenities including Crystal Lake, various town parks, and proximity to hiking trails and golf courses, providing a quiet, nature-oriented lifestyle.
The rental market is characterized by low vacancy pressure and steady demand, with a mix of single-family rentals and small apartment complexes.
The local economy is supported by a mix of education, healthcare, and manufacturing sectors, with many residents commuting to the greater Hartford area.
Transportation is heavily reliant on personal vehicles, with major access provided by state routes connecting to I-84 and I-91.
Development is primarily focused on residential infill and small-scale commercial improvements within the town center.
Not applicable for ZIP level.
Parcels are subject to Ellington Public Schools district taxes and standard municipal levies.
Property insurance market is stable, with standard coverage for wind, fire, and liability.
Not applicable for ZIP level.
Not applicable for ZIP level.
Not applicable for ZIP level.
Data retrieved from US Census Bureau ZCTA 06029 profile.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment. Source: NCES EDGE public school locations 2023-24.
- Six Flags New England4.211.2 mi
- Funcity Trampoline and Adventure Park4.219.7 mi
- Sonny's Place4.54.4 mi
- Dave & Buster's Manchester4.19.2 mi
- Spare Time Windsor Locks4.410.7 mi
- Six Flags New England4.211.2 mi
- Pratt & Whitney Stadium at Rentschler Field4.413.9 mi
- Connecticut Convention Center4.515.3 mi
- The Big E4.514.2 mi
- PeoplesBank Arena4.315.4 mi
- Six Flags New England4.211.2 mi
- Cinemark Buckland Hills 18 XD and IMAX4.59.5 mi
- Sonny's Place4.54.4 mi
- Dave & Buster's Manchester4.19.2 mi
- New England Air Museum4.812 mi
- Naismith Basketball Hall of Fame4.513.4 mi
- The Mark Twain House & Museum4.716.4 mi
- Connecticut Science Center4.615.3 mi
- Wadsworth Atheneum Museum of Art4.715.5 mi
- Springfield Armory National Historic Site4.814.2 mi
- Wickham Park4.711.4 mi
- Nevers Park4.77.2 mi
- Case Mountain4.711.2 mi
- Bright Nights at Forest Park4.412.4 mi
- Northwest Park4.812.5 mi
- GREATHORSE4.810.1 mi
- Twin Hills Country Club4.69.1 mi
- Topstone Golf Course4.66.2 mi
- Cedar Knob Golf Course4.42.9 mi
- Veterans Memorial Golf Course4.512.7 mi
- The Shoppes at Buckland Hills4.39.1 mi
- Burlington4.213 mi
- T.J. Maxx & HomeGoods4.46.9 mi
- Kohl's4.27.9 mi
- Big Y4.38.2 mi
- Bradley International Airport4.411.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
A popular local destination for swimming, boating, and fishing.
A private golf facility serving the local community.
Key-figure check: median price diverges 23.5% from the nearest retained anchor (prior refresh cycle) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict.
Governs Eagle Estates
Governs Victorian House Condominiums
Assigned parking for each unit with additional open guest parking; leasing/rentals are permitted for residential investment; pet rules and architectural guidelines are not published online.
Governs Chasseral Meadows
90-day research cycle · governing documents remain with their official custodians — the association, its management portal or the county clerk's recording.