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Ipswich, MA Real Estate


According to census data in the year 2000 there were 1,874 housing units in Ipswich. This represents a 0.5% decline from 1,883 in 1990.

Of those housing units, 1,874 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Ipswich is about 53.5%. Ipswich's vacancy rate, including seasonal lodging, is about 4.6%. Average household size is 2.19 people.

The majority of houses, apartments or condos in Ipswich were built after 1939.

Statistics

Housing Size

Housing Units by Size
Studio Type0.70%
One Bedroom26.90%
Two Bedrooms23%
Three Bedrooms32.80%
Four Bedrooms11.90%
Five Bedrooms or more4.70%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.49
Median year structure was built1939
Median Value of occupied units$216,600
Median Price asked for vacant units$162,500

Rented Homes, Apartments and Condos

Average Household Size1.85
Median year structure was built1939
Median Monthly Rent asked for vacant units$647

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.50%
Home Equity Loan11.40%
Simple Mortgage49.60%
Debt Free36.40%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs23.4%