$9,607 Closing Credit*
$809,000
1,485 SqFt
3 Beds
•2 Full Baths
#73307674, Piper Connolly, Listing Office: Sotheby's International Realty
Is Hyannis, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Hyannis has remained a Buyer's Market.
Key Takeaway
Hyannis is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Hyannis, MA
How much do homes in Hyannis, MA cost?
Median Sold Price
$507,450
$399/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$57,450(+12.8%)
Key Takeaway
Homes in Hyannis have sold for 12.8% more than they did a year ago.
Summary: The median home sold price in Hyannis was $507,450 in September 2024, up 12.8% from last year, and the median price per square foot was $399.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $233K | $280K | +20.2% |
| 2 Bedrooms | $356.9K | $395K | +10.7% |
| 3 Bedrooms | $505K | $560K | +10.9% |
| 4 Bedrooms | $575K | $600K | +4.3% |
| 5+ Bedrooms | $829K | $1.6M | +100.5% |
Summary: Hyannis housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.2%, 2 bedroom homes increased by 10.7%, 3 bedroom homes increased by 10.9%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 100.5%.
Median Sold Price Compared To Nearby Cities
| Hyannis | $450K | $507.4K | +12.8% |
| Centerville | $600K | $640K | +6.7% |
| West Yarmouth | $485K | $499K | +2.9% |
Housing Supply in Hyannis, MA
How many homes are available in Hyannis, MA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 39 | 45 | +15.4% |
Summary: The Hyannis real estate market had 45 homes for sale in September 2024, a 15.4% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 16 | 15 | -6.3% |
| 3 Bedrooms | 15 | 19 | +26.7% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Hyannis housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 6.3%, 3 bedroom homes increased by 26.7%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Asking Price vs. Sold Price
2 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 Hyannis, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Hyannis in September 2024, down by 16.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% 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
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 3 Days | 59 Days | +1893.3% |
Summary: Homes in Hyannis had an average of 59 days on market in Sep 2024, up by 1893.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Hyannis are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 5 homes were sold in Hyannis; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
