$3,919 Closing Credit*
$330,000
840 SqFt
3 Beds
•1 Full Bath
#73314274, Jill Ripley, Listing Office: eXp Realty
Is Hanson, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Hanson was a Seller's Market.
Key Takeaway
Hanson is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Hanson, MA
How much do homes in Hanson, MA cost?
Median Sold Price
$600,000
$306/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$116,250(+24.0%)
Key Takeaway
Homes in Hanson have sold for 24% more than they did a year ago.
Summary: The median home sold price in Hanson was $600,000 in October 2024, up 24% from last year, and the median price per square foot was $306.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $407.5K | $270K | -33.7% |
| 2 Bedrooms | $405K | $473K | +16.8% |
| 3 Bedrooms | $510K | $550.4K | +7.9% |
| 4 Bedrooms | $670K | $670K | 0.0% |
| 5+ Bedrooms | $772K | $750K | -2.8% |
Summary: Hanson housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 33.7%, 2 bedroom homes increased by 16.8%, 3 bedroom homes increased by 7.9%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 2.8%.
Housing Supply in Hanson, MA
How many homes are available in Hanson, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 30 | 32 | +6.7% |
Summary: The Hanson real estate market had 32 homes for sale in October 2024, a 6.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 6 | 13 | +116.7% |
| 3 Bedrooms | 10 | 8 | -20.0% |
| 4 Bedrooms | 9 | 9 | 0.0% |
| 5+ Bedrooms | 4 | 1 | -75.0% |
Summary: The Hanson housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 116.7%, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 75%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 3 | -72.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hanson, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Hanson in October 2024, down by 72.7% month-over-month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 19 Days | 26 Days | +32.5% |
Summary: Homes in Hanson had an average of 26 days on market in Oct 2024, up by 32.5% compared to last year.
Breakdown of Home Sale Times
2 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 Hanson are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Hanson; 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.
