Hull house market — August 2026

Market context: house in Hull

In August 2026, the Hull neighbourhood recorded 33 documented sales transactions, establishing a median price of $476,000. This median positions Hull at a 15.3 percent discount relative to the city of Gatineau as a whole, where the trailing twelve-month median across 800 sales stood at $562,000. The neighbourhood's pricing reflects its position as a more affordable segment within the broader Gatineau market, though it is important to note that this six-month period has seen the neighbourhood median decline by 34.5 percent, indicating significant downward pressure on valuations during this window. The average time properties spent on market in Hull during August 2026 was 44 days, a figure that reflects a moderate pace of inventory movement. This timeframe suggests neither a rapid absorption of listings nor an unusually prolonged holding period; rather, it indicates a balanced rhythm where sellers typically wait between five and six weeks before securing a transaction. Such a pace is characteristic of a neighbourhood where supply and demand maintain reasonable equilibrium, allowing transactions to move forward without the urgency of a tight seller's market or the lethargy of a stalled buyer's market. Across the 33 documented sales, the average sale-to-asking price ratio was 0.989, meaning that properties sold, on average, at 98.9 percent of their listing price. This ratio reveals that buyers maintained modest leverage during this period, with sellers typically able to hold asking prices and occasionally negotiate only minor concessions. The ratio indicates neither steep discounting nor bidding wars, but rather a measured negotiation environment where listed prices remained realistic relative to closing values. The housing stock transacted in Hull during this period reflects a predominantly older building profile. Approximately 61 percent of the 33 sales involved properties built before 1980, while 36 percent dated from the 1980-to-2010 period, and only 3 percent were constructed after 2010. This composition underscores that Hull's market is anchored in established residential architecture, with the vast majority of transactions involving homes that have already aged significantly past their initial construction. Among the 33 documented sales, 36 percent concluded without a legal warranty of quality, a figure that simply reflects standard practice in real estate transactions and underscores the importance of standard due diligence procedures such as professional inspections and customary verification checks on any property purchase. For the buyer, Hull presents access to Gatineau's market at a meaningful price advantage relative to the city median. For the seller, the moderate pace of sales and modest buyer leverage suggest realistic pricing discipline is essential in this current environment. To estimate the current value of a property in Hull or explore comparable sales data in greater detail, consider using the real estate estimator tool available for the region.

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