Zip 01938 (Ipswich, MA) Housing

Housing in Ipswich, MA (01938) is currently valued at approximately $723,000, significantly higher than the US median value of $338,100. Over the past year, the appreciation rate of housing in this area has been 9.17%, higher than the US average of 8.27%. This is likely due to Ipswich's strong local economy and its numerous amenities which make it an attractive place to live. It's clear that Ipswich is a desirable location for those looking to invest in real estate and homeowners have enjoyed significant gains on their investments over time as a result.

The median home cost in Ipswich (zip 01938) is $723,000. Home appreciation the last 10 years has been 95.5%. Home Appreciation in Ipswich (zip 01938) is up 13.0%.

Average Age of Homes

- The median age of Ipswich (zip 01938) real estate is 53 years old

The Rental Market in Ipswich (zip 01938)

- Renters make up 22.0% of the Ipswich (zip 01938) population
- 0.8% of houses and apartments in Ipswich (zip 01938), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Ipswich, Massachusetts	United States
	6,071.0	139,647,020.0
	53	42
	$723,000	$338,100
	13.0%	16.6%
	51.0%	57.0%
	95.5%	101.1%
	$12.87	$10.98
	$7,020	$2,690
	68.8%	57.4%
	8.2%	11.2%
	23.0%	31.4%
Vacant Housing
	0.8%	1.9%
	1.4%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	2.1%	3.6%
	4.0%	4.1%
Value of Owner-Occupied Housing
	0.6%	2.6%
	0.2%	2.4%
	0.3%	2.8%
	0.3%	3.9%
	0.3%	4.5%
	0.7%	11.3%
	2.9%	13.0%
	3.8%	20.1%
	13.7%	13.6%
	21.5%	8.3%
	30.8%	9.7%
	17.0%	3.9%
	4.8%	2.2%
	1.1%	0.8%
	1.9%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	7.3%	13.6%
	7.3%	13.6%
	10.6%	13.6%
	12.3%	13.2%
	12.8%	14.8%
	10.6%	13.6%
	11.5%	10.0%
	4.7%	4.7%
	26.9%	12.2%

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