Search Ipswich homes for sale with local expert, Alissa Christie
Ipswich, MA Housing Market Trends
The Ipswich housing market is highly competitive. Last month, the median sale price of a home in Ipswich was $753,000, reflecting a 16.2% decrease compared to the previous year. However, the median sale price per square foot has risen by 5.6%, now standing at $417. This indicates that while overall home prices have dropped, the value buyers are willing to pay for space has increased, suggesting a strong demand for quality properties despite the price decline.
Ipswich is a highly competitive market where homes typically sell within 18 days. Many properties receive multiple offers, often with some buyers waiving contingencies to secure their purchase. On average, homes sell for about 1% above the list price and go pending in around 18 days. However, "hot homes"—those in particularly high demand—can sell for about 5% above the list price and go pending in as little as 12 days. This rapid turnover and competitive bidding reflect the strong demand for homes in Ipswich.
Nationwide, 2% of homebuyers searched to move to Ipswich from other metropolitan areas. Among these, homebuyers from New York showed the highest interest in relocating to Ipswich, followed by those from Hartford and Washington. This trend highlights Ipswich's growing appeal as a desirable destination for those looking to move from larger metro areas.
Have questions or ready to move to Ipswich, MA? Our experienced team is here to guide you through the competitive Ipswich real estate market. Whether you're buying or selling, we offer personalized and professional service to ensure a smooth and successful experience. Don’t hesitate—reach out to us now and start your journey to owning a beautiful home in charming Ipswich, MA!
I am dedicated to helping you navigate the process as seamlessly as possible doing everything I can to help you buy the right home at the right price, or get top dollar for what is probably your biggest financial investment.
