Welcome back to another episode where we dive deep into the Hingham real estate market! I'm Jim Aldred with Pink Door Properties, and January 2026 delivered some fascinating data that every buyer, seller, and investor needs to understand.
Let's start with the headline numbers that really caught my attention. The median sold price in Hingham jumped to $1,492,500 in January—that's a 14.6% increase month-over-month and a 7.14% gain year-over-year. But here's what's really interesting: buyers are paying over asking price. The sold-to-list price ratio hit 100.3%, meaning properties are selling at a premium. This is a clear seller's market indicator, and it's backed up by our months of inventory sitting at just 0.98 months—anything under three months signals strong seller conditions.
Now, the active listing side tells an even more dramatic story. The median list price skyrocketed to $2,849,500, up 24.2% from December alone. We only had 8 active single-family listings in January compared to 10 the previous month, and when you look at where inventory sits, there's absolutely nothing available under $1 million. The lowest priced active listing was $1,099,000, with most properties clustered in the $2.5 million to $6.1 million range.
The luxury segment is particularly active. We saw new listings like 112 Martins Lane hit the market at $6.1 million for a brand-new 7,696 square foot home, and multiple properties in the $3-4 million range. These higher-end listings are averaging 41 days on market, with properties between $2.5-3 million sitting slightly longer at 27 days on average.
Let's talk about what actually sold. We closed 9 single-family transactions in January with a median sale price of $1,399,000—well below the current asking prices we're seeing. The spread between median list price ($2,849,500) and median sold price ($1,492,500) shows us that luxury inventory is building while mid-range properties are moving quickly. Days to offer averaged just 44 days, with some properties like 36 Myers Farm Road going pending in only 9 days.
The pending pipeline is healthy with 12 properties under agreement, averaging 61 days on market before going pending. Interestingly, the $1-1.5 million range had the most activity with 4 pendings, followed by 3 properties in the $1.5-2 million bracket.
Speed matters in this market. Median days on market dropped to 40 days, but that's actually up 42.86% from December, suggesting some seasonal normalization. However, properties are still moving—we saw homes like the one on Colby Road go pending in just 6 days.
Price reductions tell another part of the story. Five properties reduced their asking prices in January, with an average reduction of 4.12% or about $74,300. The largest cut was $196,000 on a property originally listed between $3-4 million.
Two listings expired without selling, both luxury properties that had been on market for 93 and 148 days respectively, priced at $2,295,000 and $3,999,000. This reinforces that pricing strategy matters tremendously, especially above $2 million.
Looking at property values, the median estimated property value for Hingham is $1,312,810, up 0.6% from last month and 2.8% year-over-year. Over the past three years, we've seen appreciation of 8.69%, showing steady, sustainable growth.
The takeaway? Hingham remains a robust seller's market with limited inventory, competitive buyer acti
Jim Aldred is a Realtor serving Boston's South Shore and can be contacted via his Links below.
https://linktr.ee/SellingSouthieToSagamore
www.KWMASS.com
Email me at [email protected]
cell: 339-987-0382
PODCAST INTRO
"Werq" Kevin MacLeod (incompetech.com)
Licensed under Creative Commons: By Attribution 4.0 License
http://creativecommons.org/licenses/by/4.0/
PODCAST OUTRO
LURKING SLOTH
By: Alexander Nakarada
