Hingham, MA—02043
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hingham, MA
As of Oct '25, the median home price in Hingham, MA is $1,262,000, with a year-over-year change of 0.6%. This indicates that home prices in Hingham, MA are flat. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,262,000 | 0.6% |
| Single Family | $1,304,000 | 1.5% |
| Condos | $856,000 | 0.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $384,000 | -0.5% |
2 Bed | $756,000 | 0.0% |
3 Bed | $1,115,000 | 0.9% |
4 Bed | $1,495,000 | 1.9% |
| 5 Bed | $2,246,000 | 1.3% |
% of Housing Stock
Rental Trends — Hingham, MA
As of July '25, Rentcast reports the average rent in Hingham, MA is $4,180, with a year-over-year rent change of -0.9%. Per bedroom, the median rent as of July '25 in Hingham, MA is 1-bedrooms: $3,180, 2-bedrooms: $3,820, 3-bedrooms: $5,040, 4-bedrooms: $6,570. The most common rental property sizes in Hingham, MA are 1-bedroom and 2-bedroom, accounting for 48.2% and 37.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,780 | $4,180 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $3,110 | $3,180 |
| 2 Bed Rent | $4,000 | $3,820 |
| 3 Bed Rent | $4,900 | $5,040 |
| 4 Bed Rent | $6,200 | $6,570 |
% of Rental Stock
Property Listings — Hingham, MA
As of Oct '25, Realtor.com reports that the median days on market for a home in Hingham, MA is 35. This is a increase of 14.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 32.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $2,000,000 | 18.0% |
Listing Count | 62 | -6.0% |
| Listings as % of Homes | 0.2% | -6.0% |
Days on Market | 35 | 14.0% |
Demographics — Hingham, MA
As of the latest ACS Survey released in 2023, Hingham, MA has a population of 24,200, which has increased by 3.8% over the past 5 years. Hingham, MA is a moderately popular place for families, as children make up 23.7% of the population. The area has a highly educated workforce, with 75.3% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 31.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 24,200 | 3.8% |
% Under 18 | 23.7% | -10.6% |
% Seniors | 24.9% | 16.4% |
% WFH | 31.0% | 244.4% |
% w/ College Degree | 75.3% | 7.6% |
As of the latest ACS Survey released in 2023, Hingham, MA is a predominantly white area, with 93.3% of the population identifying as white. The white population has shrunk by 2.4% in the last 5 years. The second most common race or ethnicity in Hingham, MA is asian, making up 2.3% of the population. Foreign-born residents account for 5.1% of the population in Hingham, MA, and this percentage has decreased by 10.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 93.3% | -2.4% |
% Black | 0.8% | 100.0% |
% Hispanic | 2.0% | 81.8% |
% Asian | 2.3% | 9.5% |
% Foreign Born | 5.1% | -10.5% |
Mortgage and Risk — Hingham, MA
According to HUD data as of 2023, there were 460 mortgage originations in Hingham, MA, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 42.0%, with 3.0% above 90% LTV (normal). This implies small mortgage risk in Hingham, MA. Investor activity is low, as 1.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 460 |
% Conventional Loans | 98.0% |
% Government Loans | 2.0% |
% Investor Loans | 1.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Hingham, MA
As of 2024, the percent of homes in Hingham, MA under the Section 8 program is 7.2%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Hingham, MA, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 136 |
Total Units Section 8 | 136 |
% Rentals under Section 8 | 7.2% |
% Occupied Section 8 | 96.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$600 | $3,110 | $2,510 |
| 2 Bedroom | -$1,030 | $4,000 | $2,970 |
| 3 Bedroom | -$1,320 | $4,900 | $3,580 |
| 4 Bedroom | -$2,260 | $6,200 | $3,940 |
Affordability — Hingham, MA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.1 |
| Median Home Price | $1,262,000 |
| Median Household Income | $181,000 |