Town of Hingham Home Prices & Values

$631,100 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.2% 1-year change
  • 3.8% 1-year forecast

Market Temperature: ColdWhat's This?
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Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this city relative to other cities in the same metropolitan area. A particular city may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Buyers' Market Sellers' Market

The median home value in Town of Hingham is $631,100. Town of Hingham home values have gone up 2.2% over the past year and Zillow predicts they will rise 3.8% within the next year. The median list price per square foot in Town of Hingham is $351, which is higher than the Boston Metro average of $230. The median price of homes currently listed in Town of Hingham is $779,000 while the median price of homes that sold is $657,950.

Foreclosures will be a factor impacting home values in the next several years. In Town of Hingham 0.8 homes are foreclosed (per 10,000). This is lower than the national value of 4.3

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Town of Hingham is 4.3%, which is lower than the national value of 7.2%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Town of Hingham homeowners underwater on their mortgage is 4.9%, which is lower than Boston Metro at 11.5%.

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Relative ZHVI
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Town of Hingham Market Overview

Data through Jun 30, 2014
  • $631,100 ZHVI
  • 3.8% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Jun 30, 2015)
  • $779,000 Median listing price
  • $657,950 Median sale price
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Town of Hingham Market Health

Data through Jun 30, 2014
  • 6.9/10 Healthy What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No data Average of days on Zillow
  • 4.9% Homes with negative equity (18.8% US Avg) (Mar 31, 2014)
  • 4.3% Delinquent on mortgage (7.2% US Avg) (Mar 31, 2014)

Homes foreclosed (per 10,000)

0.8 homes(May 31, 2014) Town of Hingham
4.3 homes United States
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Cohasset $759,200 Norwell $516,400 Town of Scituate $480,600
Hanover $414,000 Braintree $378,400 Hull $336,600
Weymouth $314,300 Abington $273,600 Rockland $245,000

Listings & Sales

Data through Jun 30, 2014
  • $351 Median list price / sq ft
  • $344 Median sale price / sq ft
  • 36.1% Listings with price cut
10.4%
Sold below listing
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Town of Hingham Rentals

Data through Jun 30, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$2,437 Town of Hingham
$2,077 Boston Metro
$1,310 United States
  • 5.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • No data Rent list price
  • $2.16 Rent list price / sq ft
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