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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hanson is a seller's market

Buyer's
Market

Difference Since November 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

$584,950

$321/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$79,950(+15.8%)

Key Takeaway

Homes in Hanson have sold for 15.8% more than they did a year ago.

Summary: The median home sold price in Hanson was $584,950 in November 2024, up 15.8% from last year, and the median price per square foot was $321.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $407.5K$270K
-33.7%
2 $405K$476K
+17.5%
3 $500K$545K
+9.0%
4 $640K$684.5K
+7.0%
5+ $772K$750K
-2.8%

Summary: Hanson housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 33.7%, 2 bedroom homes increased by 17.5%, 3 bedroom homes increased by 9%, 4 bedroom homes increased by 7%, and 5+ bedroom homes decreased by 2.8%.

Median Sold Price Compared To Nearby Cities

Halifax
+17.4%
Hanson
+15.8%
Whitman
+10.6%
Pembroke
+3.7%

Housing Supply in Hanson, MA

How many homes are available in Hanson, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3835-7.9%

Summary: The Hanson real estate market had 35 homes for sale in November 2024, a 7.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 1414
0.0%
3 1211
-8.3%
4 108
-20.0%
5+ 11
0.0%

Summary: The Hanson housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 8.3%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
313+333.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hanson, you could pay more than the asking price. 53.8% of homes here sold above asking price last month.

Summary: A total of 13 homes were sold or pending in Hanson in November 2024, up by 333.3% month-over-month. Of the 13 sold homes, 38% were sold under asking, 8% were sold at asking, and 54% 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

Nov 2023Nov 2024CHANGE
45 Days24 Days-45.6%

Summary: Homes in Hanson had an average of 24 days on market in Nov 2024, down by 45.6% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 13 homes were sold in Hanson; 85% of homes were sold within 30 days, 15% 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 20 Days Ago

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