Housing in Hingham, MA is considerably more expensive than the US average. The median value for a house in Hingham is $1,092,000, which is more than three times higher than the US median housing value of $338,100. Furthermore, the appreciation rate of houses in Hingham is 8.55%, which is slightly higher than the national rate at 8.27%. This suggests that property values in Hingham are on an upward trajectory and may continue to increase in value over time.
The median home cost in Hingham is $1,092,000. Home appreciation the last 10 years has been 77.1%. Home Appreciation in Hingham is up 11.8%.
Average Age of Homes
- The median age of Hingham real estate is 50 years old
The Rental Market in Hingham
- Renters make up 18.8% of the Hingham population
- 0.4% of houses and apartments in Hingham, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.