Hingham Real Estate Market Report: 2021–2025 Trends in Home Sales

If you’ve been following the Hingham real estate market, you know the past five years have brought big changes. From the post-pandemic surge in demand to today’s more balanced conditions, the numbers tell a clear story: Hingham remains one of the South Shore’s most desirable – and competitive – markets.

Below, we break down single-family home sales in Hingham from 2021 through 2025 year-to-date, highlighting prices, sales activity, and buyer trends.

Median Home Prices Continue to Rise

• 2021–2022 brought double-digit annual price growth as pandemic-driven demand surged.

• 2023 marked a slight dip, with the median slipping to $1.199M as higher interest rates cooled activity.

• By 2024–2025, prices rebounded strongly, with today’s year-to-date median sitting above $1.4M.

For South Shore buyers, this means entry-level price points are harder to find, and sellers continue to benefit from historically high values.

Sales Volume and Market Pace

• Sales peaked in 2021 (283 homes sold).

• 2023 saw the slowest year of the period with just 187 transactions.

• Homes still sell quickly when priced well. Average days on market were just 26 in 2022, rose to nearly 40 by 2024, and have improved slightly in 2025.

This reflects the shift from a frenzy of bidding wars to a more measured pace where buyers weigh options carefully.

Price Range Breakdown

Hingham’s sales distribution has shifted dramatically:

• Under $1M sales are disappearing. In 2021, about 40% of homes sold for under $1M. By 2024, that share fell to just over 20%.

• Luxury is growing. Sales above $2M have nearly doubled, making up almost 30% of all closings so far in 2025.

• The $1M–$1.5M range remains the most active, reflecting Hingham’s sweet spot for move-up buyers.

Home Size Trends

• Smaller homes (<2,000 sq. ft.) are harder to come by. They made up one-third of sales in 2021 but less than one-quarter in 2025 YTD.

• Mid-sized homes (2,000–3,000 sq. ft.) dominate the market and remain the most common sale size.

• Large homes (4,000+ sq. ft.) consistently represent 15–20% of transactions, with demand holding steady in this category.

What This Means for Buyers and Sellers

• Buyers: Expect competition for well-located, move-in-ready homes. With fewer entry-level listings, most buyers are targeting the $1M+ range.

• Sellers: Pricing strategy is critical. Homes in great condition still sell quickly, but overpriced properties linger on the market.

Looking Ahead

Hingham real estate has proven remarkably resilient. Prices remain near record highs, luxury demand is strong, and buyers continue to prioritize South Shore communities like Hingham for their schools, coastal lifestyle, and proximity to Boston.

Whether you’re planning to buy or sell in 2025, understanding these market dynamics can help you move confidently.

 Thinking about making a move in Hingham? Contact the Charles King Group today for a personalized home valuation and strategy session.