Is Hull, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hull is a seller's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Hull was a Neutral 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

$589,000

$422/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$34,000(+6.1%)

Key Takeaway

Homes in Hull have sold for 6.1% more than they did a year ago.

Summary: The median home sold price in Hull was $589,000 in March 2024, up 6.1% from last year, and the median price per square foot was $422.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $317.5K$335K
+5.5%
2 $430K$509.9K
+18.6%
3 $555K$639.9K
+15.3%
4 $726.5K$670K
-7.8%
5+ $1.2M$1.2M
+3.0%

Summary: Hull housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.5%, 2 bedroom homes increased by 18.6%, 3 bedroom homes increased by 15.3%, 4 bedroom homes decreased by 7.8%, and 5+ bedroom homes increased by 3%.

Median Sold Price Compared To Nearby Cities

Cohasset
+15.0%
Hull
+6.1%
Hingham
-7.2%

Housing Supply in Hull, MA

How many homes are available in Hull, MA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3543+22.9%

Summary: The Hull real estate market had 43 homes for sale in March 2024, a 22.9% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 25
+150.0%
2 1214
+16.7%
3 811
+37.5%
4 75
-28.6%
5+ 68
+33.3%

Summary: The Hull housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 150%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 37.5%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
49+125.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hull, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Hull in March 2024, up by 125.0% month-over-month. Of the 9 sold homes, 67% were sold under asking, 11% were sold at asking, and 22% 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

Mar 2023Mar 2024CHANGE
59 Days35 Days-41.1%

Summary: Homes in Hull had an average of 35 days on market in Mar 2024, down by 41.1% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Hull are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 9 homes were sold in Hull; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 26 Days Ago

Newest Listings in Hull, MA

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