Hingham Real Estate Market Extends Downward Trend in Home Sales

On top of a 25.0% decline in sales numbers this week to land at three homes sold over the last 30 days, the Hingham market still shows an emerging trend downward overall. The median sales price dropped to $627,500, down from last week's $756,250. Hingham is a definite buyer's market with 10 months of inventory to choose from, aided by the downturn in sales.

If you don't want to spend too much for a home, start by taking a look a these affordable listings in Hingham:

$275K   $429K   $429K  

Get started right now by checking out Hingham homes for sale or reviewing Hingham real estate trends.

Demographic facts for Hingham:

  • The median value of all homes in the area is $566,500.
  • The area gets 129 rainy days a year. (U.S. average: 100)
  • The unemployment rate for this area is 6.5%.
  • There are 14.6 students for every teacher. (15.3 = national average)

Data reported through 10/19/2016

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Coldwell Banker Residential Brokerage - Hingham
Snapped 1 home in this area
Coldwell Banker Residential Brokerage - Hingham
Snapped 1 home in this area

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