Hull, MA Real Estate & Homes for Sale

Welcome to Hull, Massachusetts, a coastal gem known for its very competitive housing market and charming seaside living. Hull presents a unique real estate landscape with homes that offer stunning ocean views and a relaxed lifestyle. In this lively market, the median sale price of homes reached an impressive $652K last month, marking a significant increase in the market's vitality.

Hull’s Real Estate Snapshot

1. Remarkable Market Growth: In October 2023, Hull experienced a dramatic 49.9% increase in median home prices compared to last year, with the median price now at $652K. This substantial growth reflects the escalating demand and the intrinsic value of homes in Hull.
2. Significant Increase in Value Per Square Foot: The median sale price per square foot in Hull has soared to $498, up 60.1% since last year. This remarkable increase indicates the high quality and desirability of properties in Hull, offering great value and investment potential.

The Pace of Hull’s Market

1. A Highly Competitive Environment: Hull's housing market is exceptionally competitive, with homes selling in an average of 22 days. This brisk pace underscores the town's popularity and the strong interest in its residential properties.
2. Buying and Selling Dynamics: Many homes in Hull receive multiple offers, some with waived contingencies. Typically, homes sell for around the listing price and go pending in about 22 days. However, 'hot homes' in Hull are in even greater demand, often selling for around 4% above list price and going pending in roughly 18 days.

Migration & Relocation Trends in Hull

1. Diverse Interest and Relocation Patterns: From August to October 2023, 19% of Hull homebuyers considered relocating outside the town, while a significant 81% preferred to stay within the metropolitan area. Nationally, 3% of homebuyers were drawn to Hull from outside metros, notably from Hartford, New York, and San Francisco.
2. Popular Destinations for Hull Residents: For those relocating from Hull, most, about 81%, opt to remain within the local metropolitan area. Portland, Lebanon, and Miami are among the top relocation destinations, reflecting the varied preferences of Hull's residents.

Your Journey to Hull Awaits

With 17 homes sold in October 2023, up from 13 last year, Hull's real estate market is bustling and vibrant. Whether you're attracted to its robust market growth, the quick pace of sales, or the allure of coastal living, Hull presents a rare opportunity in today's market.

Ready to Explore Hull?

If Hull's dynamic real estate market and scenic beauty have caught your attention, or if you have any questions about housing trends in the area, I am here to assist. Contact me to discover the unique properties in Hull and start your journey towards owning a home in this beautiful coastal town.