Is Hanson, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Hanson has remained a Seller's Market.
Key Takeaway
Hanson is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hanson, MA
How much do homes in Hanson, MA cost?
Median Sold Price
$528,315
$310/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Hanson have sold for 5.3% more than they did a year ago.
Summary: The median home sold price in Hanson was $528,315 in March 2024, up 5.3% from last year, and the median price per square foot was $310.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $368.7K | $401K | +8.7% |
| 2 Bedrooms | $390K | $416K | +6.7% |
| 3 Bedrooms | $510K | $525K | +2.9% |
| 4 Bedrooms | $650K | $642.4K | -1.2% |
| 5+ Bedrooms | $730K | $842.5K | +15.4% |
Summary: Hanson housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.7%, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 2.9%, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes increased by 15.4%.
Housing Supply in Hanson, MA
How many homes are available in Hanson, MA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 22 | 19 | -13.6% |
Summary: The Hanson real estate market had 19 homes for sale in March 2024, a 13.6% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 7 | 6 | -14.3% |
| 4 Bedrooms | 7 | 6 | -14.3% |
| 5+ Bedrooms | 4 | 2 | -50.0% |
Summary: The Hanson housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 6 | 8 | +33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hanson, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Hanson in March 2024, up by 33.3% month-over-month. Of the 8 sold homes, 38% were sold under asking, 25% were sold at asking, and 38% were sold over asking.
Days on Market for Hanson, MA
How long does it take to sell a home in Hanson, MA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 49 Days | 27 Days | -45.1% |
Summary: Homes in Hanson had an average of 27 days on market in Mar 2024, down by 45.1% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Hanson are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 8 homes were sold in Hanson; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
