Is Hyannis, 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, Hyannis has remained a Seller's Market.
Housing Prices in Hyannis, MA
How much do homes in Hyannis, MA cost?
Median Sold Price
$488,500
$383/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Hyannis was $488,500 in April 2024, up 11% from last year, and the median price per square foot was $383.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $240K | $258.7K | +7.8% |
2 Bedrooms | $353K | $395K | +11.9% |
3 Bedrooms | $480K | $545K | +13.5% |
4 Bedrooms | $550K | $600K | +9.1% |
5+ Bedrooms | $829K | $1.2M | +55.9% |
Summary: Hyannis housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.8%, 2 bedroom homes increased by 11.9%, 3 bedroom homes increased by 13.5%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 55.9%.
Median Sold Price Compared To Nearby Cities
West Yarmouth | $459K | $517K | +12.6% |
Centerville | $585K | $650K | +11.1% |
Hyannis | $440K | $488.5K | +11.0% |
Housing Supply in Hyannis, MA
How many homes are available in Hyannis, MA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
41 | 33 | -19.5% |
Summary: The Hyannis real estate market had 33 homes for sale in April 2024, a 19.5% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 0 | -100.0% |
2 Bedrooms | 12 | 11 | -8.3% |
3 Bedrooms | 22 | 18 | -18.2% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Hyannis housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 8.3%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 12 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Hyannis in April 2024, the same as the previous month. Of the 12 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% were sold over asking.
Days on Market for Hyannis, MA
How long does it take to sell a home in Hyannis, MA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
84 Days | 22 Days | -73.1% |
Summary: Homes in Hyannis had an average of 22 days on market in Apr 2024, down by 73.1% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 12 homes were sold in Hyannis; 75% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.