Is Topsfield, MA a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Topsfield is a neutral's market


Difference Since February 2023

At the same time last year, Topsfield was a Seller's Market.

Key Takeaway

Topsfield is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Topsfield, MA

How much do homes in Topsfield, MA cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since February 2023


Key Takeaway

Homes in Topsfield have sold for 12.6% more than they did a year ago.

Summary: The median home sold price in Topsfield was $850,250 in February 2024, up 12.6% from last year, and the median price per square foot was $344.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $399K-
2 $632.2K$531K
3 $692.5K$760K
4 $865.5K$930.1K
5+ $1.3M$880K

Summary: Topsfield housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 16%, 3 bedroom homes increased by 9.7%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes decreased by 36%.

Median Sold Price Compared To Nearby Cities

South Hamilton

Housing Supply in Topsfield, MA

How many homes are available in Topsfield, MA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE

Summary: The Topsfield real estate market had 12 homes for sale in February 2024, a 9.1% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
2 26
3 20
4 55
5+ 21

Summary: The Topsfield housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 200%, 3 bedroom homes decreased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Topsfield, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Topsfield in February 2024, down by 60.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Topsfield, MA

How long does it take to sell a home in Topsfield, MA?

Average Sale Time

Feb 2023Feb 2024CHANGE
32 Days123 Days+284.4%

Summary: Homes in Topsfield had an average of 123 days on market in Feb 2024, up by 284.4% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Topsfield are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During February 2024, 2 homes were sold in Topsfield; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

Newest Listings in Topsfield, MA

Nearby Markets to Topsfield, MA

What housing markets are near Topsfield, MA?