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Ipswich, MA
Full City Profile · Massachusetts · Essex County County
3.5
/5.0
B+
Good
4,806
Population
2,930/sq mi density
$92,969
Median Income
$64,476 per capita
$570,500
Home Value
$819,419 Zillow
$1,456
Median Rent
28.7% income on rent
48°F
Avg Temperature
246 sunny days/yr
135
Violent Crime/100K
326 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$92,969 median income, 2.5% unemployment
B
Affordability
3.2 / 5.0
$570,500 home value, $1,456/mo rent
F
Safety
1.0 / 5.0
135 violent crimes/100K
A+
Education
5.0 / 5.0
54.5% bachelor's degree or higher
Housing Overview
Median Home Value
$570,500
102% above
US avg: $281,900
Median Rent
$1,456/mo
25% above
US avg: $1,163/mo
Homeownership Rate
58.2%
11% below US avg (65.4%)
Total Housing Units
2,105
Median year built: 1938
Home Value by Source
Census Median
$570,500
Zillow (ZHVI)
$819,419
Median Sale Price
$903,155
Median List Price
$989,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
58.2%
Owner-Occupied
41.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,727/mo
1 Bedroom
$1,822/mo
2 Bedroom
$2,300/mo
3 Bedroom
$2,858/mo
4 Bedroom
$3,232/mo
Census median rent:
$1,456/mo
Market Indicators (Redfin)
Median Days on Market
84 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
4
Price Drops
12.5%
of listings with price reduction
Price Per Sq Ft
$482
Active Inventory
8
homes for sale
Affordability & Housing Stock
Rent Burden
28.7%
of renters spending 30%+ of income on housing
7% below US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
58.2%
Complete Housing Data
Home Values
| Census Median Value | $570,500 |
| Zillow Home Value (ZHVI) | $819,419 |
| Median Sale Price | $903,155 |
| Median List Price | $989,000 |
| Price Per Sq Ft | $482 |
Rent
| Census Median Rent | $1,456 |
| FMR Studio | $1,727 |
| FMR 1-Bedroom | $1,822 |
| FMR 2-Bedroom | $2,300 |
| FMR 3-Bedroom | $2,858 |
| FMR 4-Bedroom | $3,232 |
Market
| Days on Market | 84 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 12.5% |
| Homes Sold | 4 |
| Active Inventory | 8 |
| Price Per Sq Ft | $482 |
Ownership & Stock
| Owner-Occupied | 58.2% |
| Renter-Occupied | 41.8% |
| Homeownership Rate | 58.2% |
| Total Housing Units | 2,105 |
| Median Year Built | 1938 |
| Rent Burden | 28.7% |