Is Hull, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$600,000
$424/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Hull have sold for 11.7% more than they did a year ago.
Summary: The median home sold price in Hull was $600,000 in April 2024, up 11.7% from last year, and the median price per square foot was $424.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $297.5K | $349.5K | +17.5% |
| 2 Bedrooms | $437.5K | $475K | +8.6% |
| 3 Bedrooms | $555K | $654.8K | +18.0% |
| 4 Bedrooms | $726.5K | $670K | -7.8% |
| 5+ Bedrooms | $1.2M | $1.2M | +3.0% |
Summary: Hull housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.5%, 2 bedroom homes increased by 8.6%, 3 bedroom homes increased by 18%, 4 bedroom homes decreased by 7.8%, and 5+ bedroom homes increased by 3%.
Housing Supply in Hull, MA
How many homes are available in Hull, MA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 33 | 37 | +12.1% |
Summary: The Hull real estate market had 37 homes for sale in April 2024, a 12.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 2 | -60.0% |
| 2 Bedrooms | 13 | 13 | 0.0% |
| 3 Bedrooms | 8 | 9 | +12.5% |
| 4 Bedrooms | 4 | 8 | +100.0% |
| 5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Hull housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 60%, 2 bedroom homes remained the same, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 9 | 7 | -22.2% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hull, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in Hull in April 2024, down by 22.2% month-over-month. Of the 7 sold homes, 29% were sold under asking, 14% were sold at asking, and 57% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 63 Days | 24 Days | -61.3% |
Summary: Homes in Hull had an average of 24 days on market in Apr 2024, down by 61.3% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Hull are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 7 homes were sold in Hull; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
