Home prices
The median home in Ipswich is valued at $418,100. Compared to the surrounding areas it is approximately $62,380 (12%) lower.In comparison to the rest of the nation it is about $200,600 (92%) higher, and is roughly $114,600 (21%) lower compared to the city of Boston.
Rents
The median monthly rent in Ipswich is $1,090. It is approximately $221 (16%) lower compared to other places in this area.In comparison to the rest of the nation it is about $28 (2%) higher, and is about $530 (32%) lower compared to the city of Boston.
Nearby places
Gloucester
Gloucester is roughly 7 miles southeast of Ipswich. The real estate prices there are fairly similar. The price of the median home in Gloucester is $425,400, which works out to $7,300 (1%) higher than Ipswich. Rents there are somewhat more expensive. Gloucester's median monthly rent is $1,185, which is $95 (8%) higher than Ipswich.
Beverly
Beverly is approximately 7 miles south of Ipswich. The real estate prices there are fairly similar. The median home cost in Beverly is $437,300, which works out to $19,200 (4%) higher than Ipswich. Its rents are somewhat more expensive. In Beverly the median rent is $1,282 per month, which works out to $192 (14%) higher than Ipswich.
Danvers
Danvers is about 8 miles southwest from Ipswich. The real estate prices there are fairly similar. The median home value in Danvers is $427,400, which is $9,300 (2%) higher than Ipswich. The rent there is somewhat more expensive. The median monthly rent in Danvers is $1,398, which is $308 (22%) higher than Ipswich.
Newburyport
Newburyport is approximately 9 miles north of Ipswich. Its real estate prices are a little more expensive. The median home in Newburyport costs $548,400, which works out to $130,300 (23%) higher than Ipswich. Rents there are a bit more expensive. The median rent in Newburyport is $1,338 a month, which works out to $248 (18%) higher than Ipswich.
Rockport
Rockport is about 9 miles east from Ipswich. Its housing prices are a bit more expensive. Rockport's median home price is $563,900, which works out to $145,800 (25%) higher than Ipswich. The rent there is a bit more expensive. Rockport's median rent is $1,352 a month, which works out to $262 (19%) higher than Ipswich.
