Hull, MA—02045
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hull, MA
As of Oct '25, the median home price in Hull, MA is $693,000, with a year-over-year change of -0.5%. This indicates that home prices in Hull, 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 | $693,000 | -0.5% |
| Single Family | $740,000 | -0.8% |
| Condos | $466,000 | 1.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $388,000 | 0.3% |
2 Bed | $536,000 | -0.7% |
3 Bed | $713,000 | -1.1% |
4 Bed | $814,000 | -0.4% |
| 5 Bed | $1,062,000 | 0.5% |
% of Housing Stock
Rental Trends — Hull, MA
As of July '25, Rentcast reports the average rent in Hull, MA is $3,820, with a year-over-year rent change of -0.5%. Per bedroom, the median rent as of July '25 in Hull, MA is studios: $2,100, 1-bedrooms: $2,630, 2-bedrooms: $3,500, 3-bedrooms: $5,160, 4-bedrooms: $3,880. The most common rental property sizes in Hull, MA are 2-bedroom and 1-bedroom, accounting for 37.2% and 34.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,300 | $3,820 |
| Studio Rent | $2,100 | $2,100 |
| 1 Bed Rent | $2,850 | $2,630 |
| 2 Bed Rent | $3,300 | $3,500 |
| 3 Bed Rent | $3,500 | $5,160 |
| 4 Bed Rent | $3,950 | $3,880 |
% of Rental Stock
Property Listings — Hull, MA
As of Oct '25, Realtor.com reports that the median days on market for a home in Hull, MA is 50. This is a increase of 12.0% 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 42.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $840,000 | 18.0% |
Listing Count | 43 | 14.0% |
| Listings as % of Homes | 0.3% | 14.0% |
Days on Market | 50 | 12.0% |
Demographics — Hull, MA
As of the latest ACS Survey released in 2023, Hull, MA has a population of 10,100, which has decreased by -3.1% over the past 5 years. Hull, MA is a less popular place for families, as children make up 11.7% of the population. The area has a highly educated workforce, with 51.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 10,100 | -3.1% |
% Under 18 | 11.7% | -12.0% |
% Seniors | 24.9% | 6.9% |
% WFH | 19.2% | 195.4% |
% w/ College Degree | 51.7% | 15.1% |
As of the latest ACS Survey released in 2023, Hull, MA is a predominantly white area, with 94.4% of the population identifying as white. The white population has grown by 0.1% in the last 5 years. The second most common race or ethnicity in Hull, MA is asian, making up 1.2% of the population. Foreign-born residents account for 4.8% of the population in Hull, MA, and this percentage has decreased by 12.7% 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 | 94.4% | 0.1% |
% Black | 0.1% | -80.0% |
% Hispanic | 0.8% | -65.2% |
% Asian | 1.2% | 0.0% |
% Foreign Born | 4.8% | -12.7% |
Mortgage and Risk — Hull, MA
According to HUD data as of 2023, there were 179 mortgage originations in Hull, MA, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 47.0%, with 7.0% above 90% LTV (normal). This implies small mortgage risk in Hull, MA. Investor activity is low, as 3.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 179 |
% Conventional Loans | 94.0% |
% Government Loans | 6.0% |
% Investor Loans | 3.0% |
% Second Loans | 8.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Hull, MA
As of 2024, the percent of homes in Hull, MA under the Section 8 program is 13.9%. 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 Hull, 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 | 110 |
Total Units Section 8 | 110 |
% Rentals under Section 8 | 13.9% |
% Occupied Section 8 | 94.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$690 | $2,850 | $2,160 |
| 2 Bedroom | -$740 | $3,300 | $2,560 |
| 3 Bedroom | -$420 | $3,500 | $3,080 |
| 4 Bedroom | -$560 | $3,950 | $3,390 |
Affordability — Hull, MA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.9 |
| Median Home Price | $693,000 |
| Median Household Income | $127,000 |