The story of this market
The typical home in ZIP 01983 sells for about $995,000, or $382 per square foot.
Prices are up +1.63% from a year ago, so sellers still have some momentum. Homes take about 33 days to sell. HUD's fair market rent for a two-bedroom is $1,115 a month.
ZIP 01983 — Topsfield
The 01983 housing market is currently characterized by low inventory and strong price support, functioning as a competitive seller's market. While year-over-year price growth remains positive, the pace of sales has slowed compared to the prior year. High household income levels and limited for-sale supply are the primary drivers of this sustained price environment.
Primarily attracts affluent family buyers and professionals seeking a high-quality school system and rural New England lifestyle while maintaining access to Boston-area employment.
Median prices moved up 1.6% year over year.
Homes spend a median of 33 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 1.6% · poverty 7.5% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 01983, Essex County MA
Topsfield is characterized by a low crime rate consistent with its small-town, residential nature, performing better than regional averages for similar-sized communities.
The area is served by the highly-rated Masconomet Regional School District, which is widely recognized for academic excellence.
The region is typical for coastal Massachusetts, facing seasonal risks related to severe winter weather and wind, with standard flood-risk management in low-lying areas near the Ipswich River.
Development momentum is largely constrained by the town's rural character, with growth focused on small-scale residential subdivisions and maintenance of existing infrastructure.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Massachusetts) — Massachusetts Local Property Tax: Ad valorem tax calculated as (Municipal Budget / Total Assessed Value of all taxable property) = Tax Rate per $1,000 of assessed value. Assessments must be at 100% of full and fair cash (market) value.
Residents primarily commute toward the Boston employment core via major highways like Route 1 and I-95, or via nearby commuter rail stations.
Extensive local amenities include the Ipswich River Wildlife Sanctuary, Bradley Palmer State Park, Willowdale State Forest, and the historic Topsfield Town Common.
Limited rental market depth with very low vacancy pressure; inventory is largely comprised of single-family housing rather than multi-family complexes.
The local economy is largely residential, with residents employed in professional services, education, and healthcare within the Greater Boston region.
Access is primarily via private vehicle on Route 1 and I-95, with regional transit connectivity provided by nearby commuter rail stations.
Very limited large-scale development; current activity is limited to residential lot builds and localized property improvements.
No specialized commercial or utility districts are noted; general municipal and regional school district taxation applies.
Standard New England property insurance market; proximity to water bodies requires standard flood-zone due diligence.
Data retrieved from data.census.gov ZCTA 01983 profile.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Canobie Lake Park4.518.5 mi
- Boda Borg Boston4.715.9 mi
- K1 Speed Boston-Wilmington4.210.9 mi
- Dave & Buster's Woburn4.113.5 mi
- Nova Adventure Park4.59.9 mi
- TD Garden4.619.7 mi
- Canobie Lake Park4.518.5 mi
- Boston Public Market4.620 mi
- Hammond Castle Museum4.613.6 mi
- Cider Hill Farm4.716.3 mi
- Salem Witch Museum3.88.6 mi
- Kowloon Restaurant4.212.5 mi
- Castle Hill on the Crane Estate4.79.3 mi
- The Witch House at Salem4.38.6 mi
- Singing Beach4.510.8 mi
- Museum of Science4.719.8 mi
- Salem Witch Museum3.88.6 mi
- The Harvard Museum of Natural History4.819.9 mi
- The Paul Revere House4.519.8 mi
- Bunker Hill Monument4.719 mi
- Salem Witch Trials Memorial4.68.7 mi
- Salem Willows Park4.68.3 mi
- Breakheart Reservation4.711.6 mi
- Mass Audubon's Ipswich River Wildlife Sanctuary4.91.6 mi
- Salem Common4.78.6 mi
- Jubilee Yacht Club Inc4.67.8 mi
- Black Swan Country Club3.96.2 mi
- Far Corner Golf4.29.5 mi
- Sagamore Spring Golf Club47.2 mi
- Gannon Municipal Golf Course4.510.4 mi
- Renaissance Golf Club4.610.7 mi
- Northshore Mall4.46.8 mi
- Square One Mall4.113 mi
- Liberty Tree Mall3.96.1 mi
- MarketStreet Lynnfield4.59.5 mi
- Boston Logan International Airport4.119.2 mi
- Park Shuttle & Fly4.517.6 mi
- The Lounge3.419.1 mi
- DaCoopas Pizza4.118.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Home to the annual Topsfield Fair.
Large protected area for hiking and wildlife observation.
Extensive trail network for outdoor recreation.
Significant 17th-century historic site.
Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).