New - 23 hours on Rocket
$10,000 Closing Credit¹
#73337042, Crowell & Frost Realty Group, Listing Office: J. Barrett & Company
Ipswich Housing Market Report January 2025•Essex County, Massachusetts
Housing Prices in Ipswich, MA
How much do homes in Ipswich, MA cost?
Housing Market Conditions
Is Ipswich, MA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Ipswich is a Seller's Market
Difference Since January 2024
Since last year, Ipswich has remained a Seller's Market.
Insight
Ipswich is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$772,500$395/SqFt
+$22,500
+3.0%
Based on all homes sold in the last 12 months
Insight
Homes in Ipswich have sold for 3% more than they did a year ago.
Summary: The median home sold price in Ipswich was $772,500 in January 2025, up 3% from last year, and the median price per square foot was $395.
Median Sold Price By Cities
| City | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Hamilton | $773.2K | $900K | +16.4% |
| South Hamilton | $773.2K | $889.5K | +15.0% |
| Ipswich | $750K | $772.5K | +3.0% |
| Essex | $800K | $823K | +2.9% |
| Rowley | $825K | $675K | -18.2% |
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $330K | $340K | +3.0% |
| 22 Bedrooms | $513.2K | $645K | +25.7% |
| 33 Bedrooms | $810K | $701.5K | -13.4% |
| 44 Bedrooms | $1.1M | $1.1M | +5.3% |
| 55+ Bedrooms | $1.1M | $1.2M | +14.0% |
Summary: Ipswich housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +3.0%. The home price for 2 bedroom homes increased by +25.7%. The home price for 3 bedroom homes decreased by -13.4%. The home price for 4 bedroom homes increased by +5.3%. The home price for 5 bedroom homes increased by +14.0%.
Housing supply in Ipswich, MA
How many homes are available in Ipswich, MA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 25Last MonthJan 2025 | ||
| 312 months agoDec 2024 | -19.4 % Change MoMDec – Jan |
Summary: The Ipswich real estate market had 25 homes for sale in Jan 2025, a 19.4 % decrease compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 10Last MonthJan 2025 | ||
| 142 months agoDec 2024 | -28.6 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 2 | +100.0% |
| 22 Bedrooms | 7 | 2 | -71.4% |
| 33 Bedrooms | 11 | 11 | 0.0% |
| 44 Bedrooms | 7 | 7 | 0.0% |
| 55+ Bedrooms | 5 | 3 | -40.0% |
Summary: Ipswich housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes decreased by -71.4%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes decreased by -40.0%.
Asking Price vs. Sold Price
How much do homes in Ipswich, MA cost?
Over Asking Price6 Homes
At Asking Price1 Home
Under Asking Price3 Homes
Insight
If you're buying a home in Ipswich, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in Ipswich in January 2025, down by 28.6% month-over-month. Of the 10 sold homes, 30% were sold under asking, 10% were sold at asking, and and 60% were sold over asking.
Days on Market for Ipswich, MA
How long does it take to sell a home in Ipswich, MA?
Breakdown of Home Sale Times
Under 30 Days7 Homes
30 – 90 Days2 Homes
Over 90 Days1 Home
Insight
Many homes in Ipswich are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 10 homes were sold in Ipswich; 70% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 38 DaysThis YearJan 2025 | ||
| 33 Days1 year agoJan 2024 | +15.2 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Ipswich had an average listing age of 38 days in Jan 2025, up by 15.2% compared to the previous year.
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Newest Listings in Ipswich, MA
What homes are available in Ipswich, MA?
New - 23 hours on Rocket
$10,000 Closing Credit¹
#73337034, Robert Drummey, Listing Office: NE Property Consultants
New - 2 days on Rocket
$10,000 Closing Credit¹
#73336428, Lisa-Marie Cashman, Listing Office: Keller Williams Realty Evolution
New - 4 days on Rocket
$10,000 Closing Credit¹
#73335794, The Ponte Group, Listing Office: Keller Williams South Watuppa
Backup offers
$4,511 Closing Credit¹
#73333101, Terri Sheppard, Listing Office: J. Barrett & Company
Backup offers
$7,113 Closing Credit¹
#73332685, Eclipse Group, Listing Office: Cameron Real Estate Group
$10,000 Closing Credit¹
#73329993, Thomas Kennedy, Listing Office: Gibson Sotheby's International Realty
$10,000 Closing Credit¹
#73323478, Candice Fontas, Listing Office: Engel & Volkers By the Sea
Backup offers
$10,000 Closing Credit¹
#73303690, Sonia Johnson, Listing Office: eXp Realty
$10,000 Closing Credit¹
#73288461, Candice Fontas, Listing Office: Engel & Volkers By the Sea
$10,000 Closing Credit¹
#73286505, Candice Fontas, Listing Office: Engel & Volkers By the Sea
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MLS Disclaimers and Copyright
Based on information from MLS Property Information Network Inc., for the period 02/01/2023 - 02/01/2025
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 5:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.