Is Hull, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Hull has remained a Seller's Market.
Key Takeaway
Hull is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hull, MA
How much do homes in Hull, MA cost?
Median Sold Price
$595,000
$415/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Hull have sold for 11.2% more than they did a year ago.
Summary: The median home sold price in Hull was $595,000 in May 2024, up 11.2% from last year, and the median price per square foot was $415.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $280K | $367K | +31.1% |
| 2 Bedrooms | $470K | $450K | -4.3% |
| 3 Bedrooms | $535K | $667.4K | +24.7% |
| 4 Bedrooms | $697K | $675K | -3.2% |
| 5+ Bedrooms | $1.1M | $1.2M | +7.1% |
Summary: Hull housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 31.1%, 2 bedroom homes decreased by 4.3%, 3 bedroom homes increased by 24.7%, 4 bedroom homes decreased by 3.2%, and 5+ bedroom homes increased by 7.1%.
Housing Supply in Hull, MA
How many homes are available in Hull, MA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 39 | 56 | +43.6% |
Summary: The Hull real estate market had 56 homes for sale in May 2024, a 43.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 13 | 14 | +7.7% |
| 3 Bedrooms | 9 | 17 | +88.9% |
| 4 Bedrooms | 8 | 10 | +25.0% |
| 5+ Bedrooms | 6 | 12 | +100.0% |
Summary: The Hull housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 88.9%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 7 | 14 | +100.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hull, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Hull in May 2024, up by 100.0% month-over-month. Of the 14 sold homes, 50% were sold under asking, 7% were sold at asking, and 43% were sold over asking.
Days on Market for Hull, MA
How long does it take to sell a home in Hull, MA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 31 Days | 44 Days | +38.5% |
Summary: Homes in Hull had an average of 44 days on market in May 2024, up by 38.5% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Hull are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 14 homes were sold in Hull; 57% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
