Is Topsfield, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2021
Since last year, Topsfield has remained a Seller's Market.
Key Takeaway
Topsfield is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in Topsfield, MA cost?
Median Sold Price
$800,000
$319/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2021
+$91,000(+12.8%)
Key Takeaway
Homes in Topsfield have sold for 12.8% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | May 2021 | May 2022 | % |
|---|---|---|---|
| 1 Bedroom | $444K | $470K | +5.9% |
| 2 Bedrooms | $649.9K | $781K | +20.2% |
| 3 Bedrooms | $628K | $745K | +18.6% |
| 4 Bedrooms | $753.5K | $820K | +8.8% |
| 5+ Bedrooms | $961K | $1.2M | +27.1% |
Median Sold Price Compared To Nearby Cities
| % | |
|---|---|
| Hamilton | +13.8% |
| South Hamilton | +13.8% |
| Topsfield | +12.8% |
| Wenham | +5.4% |
| Boxford | +4.1% |
How many homes are available in Topsfield, MA?
Number of Homes For Sale
| Apr 2022 | May 2022 | % |
|---|---|---|
| 19 | 20 | +5.3% |
Homes For Sale By Bedroom Count
| # BEDS | Apr 2022 | May 2022 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0%  |
| 3 Bedrooms | 8 | 7 | -12.5% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 2 | 5 | +150.0% |
Number of Homes Sold
| Apr 2022 | May 2022 | % |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Topsfield, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Average Sale Time
| May 2021 | May 2022 | % |
|---|---|---|
| 15 Days | 21 Days | +34.0% |
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Topsfield are selling fast, if you're buying plan to act quickly.
