The story of this market
The typical home in ZIP 01984 sells for about $1,150,000, or $485 per square foot.
Prices are up +4.2% from a year ago, so sellers still have some momentum. Homes take about 42 days to sell. HUD's fair market rent for a two-bedroom is $3,200 a month.
ZIP 01984 — Wenham
The Wenham housing market remains highly competitive due to extremely low inventory and sustained demand for high-quality suburban housing. Prices continue to see modest year-over-year growth, supported by the area's reputation for safety and excellent schools. Buyers should expect a fast-paced environment with limited negotiation room on well-priced properties.
This ZIP is ideal for affluent families and professionals seeking a quiet, historic suburban environment with top-tier schools and easy access to the North Shore's recreational amenities.
Median prices moved up 4.2% year over year.
Homes spend a median of 42 days on market with 3.5 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 99.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.6% · poverty 3.7% — 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 7.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 01984, Essex County MA
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Wenham is consistently ranked as one of the safest communities in Massachusetts with very low rates of violent and property crime compared to both state and national averages.
The area is served by the highly-rated Hamilton-Wenham Regional School District, which is frequently recognized for academic excellence and high college-readiness metrics.
The geography faces low wildfire risk but requires standard flood insurance considerations for properties near the Ipswich River or coastal marshlands.
Economic momentum is driven by its proximity to the Route 128 technology corridor and the presence of Gordon College, which serves as a major local anchor institution.
Property taxes are assessed by the Town of Wenham based on a single-tax-rate system applied to full and fair cash value, with exemptions available for seniors and veterans under state law.
Residents primarily commute to Boston via the MBTA Commuter Rail from the nearby Hamilton-Wenham station or by driving via Route 1A and Route 128.
The area features extensive outdoor amenities including the Wenham Lake, the Iron Rail property for trails, and proximity to Myopia Hunt Club for golf and equestrian activities.
The rental market is characterized by low inventory and high demand, primarily consisting of single-family home rentals and limited multi-family units with minimal short-term rental activity.
The local economy is anchored by Gordon College and a mix of professional services, with many residents employed in the Greater Boston biotech and education sectors.
The area is served by the MBTA Commuter Rail Newburyport/Rockport Line, providing direct transit access to Boston's North Station.
Development is strictly managed by local zoning bylaws to preserve the town's historic character, with limited new residential construction.
Parcels are subject to the Hamilton-Wenham Regional School District and local municipal utility districts for water and sewer services.
Property insurance premiums are stable but reflect regional coastal exposure and standard New England winter weather risks.
Data retrieved from data.census.gov ZCTA 01984 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.
- Boston Tea Party Ships & Museum4.619.3 mi
- F1 Arcade Boston4.519.3 mi
- Museum of Illusions Boston4.518.9 mi
- Boda Borg Boston4.715.5 mi
- K1 Speed Boston-Wilmington4.213.5 mi
- TD Garden4.618.7 mi
- Thomas M. Menino Convention & Exhibition Center4.519.7 mi
- Citizens Opera House4.819.5 mi
- Boch Center - Wang Theatre4.619.8 mi
- MUSEUM OF ICE CREAM4.319.3 mi
- Salem Witch Museum3.85.4 mi
- Hammond Castle Museum4.69.5 mi
- Kowloon Restaurant4.211.9 mi
- Castle Hill on the Crane Estate4.77.7 mi
- The Witch House at Salem4.35.6 mi
- Museum of Science4.718.9 mi
- Boston Tea Party Ships & Museum4.619.3 mi
- Salem Witch Museum3.85.4 mi
- The Harvard Museum of Natural History4.819.6 mi
- Boston Children's Museum4.719.3 mi
- Salem Witch Trials Memorial4.65.6 mi
- Salem Willows Park4.64.6 mi
- Breakheart Reservation4.711.3 mi
- Mass Audubon's Ipswich River Wildlife Sanctuary4.93.1 mi
- Stage Fort Park4.710.2 mi
- Community Boating, Inc.4.619.4 mi
- MIT Sailing Pavilion4.919.9 mi
- Atlantic Wharf4.619.3 mi
- Constitution Marina4.618.4 mi
- Charlestown Marina4.817.9 mi
- Black Swan Country Club3.910.6 mi
- Sagamore Spring Golf Club48.8 mi
- Gannon Municipal Golf Course4.59.1 mi
- Ferncroft Country Club4.65.1 mi
- Hillview Golf Course4.111.8 mi
- Northshore Mall4.45.4 mi
- Square One Mall4.112.3 mi
- Liberty Tree Mall3.94.6 mi
- MarketStreet Lynnfield4.59.9 mi
- Marshalls & HomeGoods4.311.3 mi
- Boston Logan International Airport4.117.6 mi
- Park Shuttle & Fly4.516.2 mi
- The Lounge3.417.6 mi
- DaCoopas Pizza4.117.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Historic private club featuring golf and equestrian facilities.
Scenic reservoir providing water supply and passive recreation.
Large tract of protected land with walking and hiking trails.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.