Topsfield, MA—01983
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Topsfield, MA
As of Nov '25, the median home price in Topsfield, MA is $934,000, with a year-over-year change of 2.4%. This indicates that home prices in Topsfield, MA are increasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $934,000 | 2.4% |
| Single Family | $937,000 | 2.9% |
| Condos | $885,000 | 1.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $804,000 | 1.9% |
3 Bed | $825,000 | 2.0% |
4 Bed | $1,012,000 | 3.2% |
| 5 Bed | $1,245,954 | 4.9% |
% of Housing Stock
Rental Trends — Topsfield, MA
As of July '25, Rentcast reports the average rent in Topsfield, MA is $7,000, with a year-over-year rent change of 144.8%. Per bedroom, the median rent as of July '25 in Topsfield, MA is 4-bedrooms: $7,000. The most common rental property sizes in Topsfield, MA are 1-bedroom and 4-bedroom, accounting for 76.7% and 10.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $7,000 | $7,000 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | $7,000 | $7,000 |
% of Rental Stock
Property Listings — Topsfield, MA
As of Nov '25, Realtor.com reports that the median days on market for a home in Topsfield, MA is 24. This is a decrease of -20.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,080,000 | -15.0% |
Listing Count | 7 | -45.0% |
| Listings as % of Homes | 0.3% | -45.0% |
Days on Market | 24 | -20.0% |
Demographics — Topsfield, MA
As of the latest ACS Survey released in 2023, Topsfield, MA has a population of 6,540, which has remained stable by -0.2% over the past 5 years. Topsfield, MA is a popular place for families, as children make up 25.5% of the population. The area has a highly educated workforce, with 73.0% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 26.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,540 | -0.2% |
% Under 18 | 25.5% | -3.4% |
% Seniors | 21.9% | -3.9% |
% WFH | 26.3% | 246.1% |
% w/ College Degree | 73.0% | 20.3% |
As of the latest ACS Survey released in 2023, Topsfield, MA is a predominantly white area, with 85.6% of the population identifying as white. The white population has shrunk by 10.6% in the last 5 years. The second most common race or ethnicity in Topsfield, MA is hispanic, making up 5.7% of the population. Foreign-born residents account for 5.4% of the population in Topsfield, MA, and this percentage has decreased by 27.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 85.6% | -10.6% |
% Black | 1.3% | 1,200.0% |
% Hispanic | 5.7% | 280.0% |
% Asian | 5.1% | 112.5% |
% Foreign Born | 5.4% | -27.0% |
Mortgage and Risk — Topsfield, MA
According to HUD data as of 2023, there were 137 mortgage originations in Topsfield, MA, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 45.0%, with 7.0% above 90% LTV (normal). This implies small mortgage risk in Topsfield, MA. Investor activity is low, as 1.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 137 |
% Conventional Loans | 98.0% |
% Government Loans | 2.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 5.0% |
Rentals and Section 8 — Topsfield, MA
Topsfield, MA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 6 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 0.0% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $2,140 |
| 2 Bedroom | N/A | N/A | $2,550 |
| 3 Bedroom | N/A | N/A | $3,080 |
| 4 Bedroom | -$3,610 | $7,000 | $3,390 |
Affordability — Topsfield, MA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.6 |
| Median Home Price | $934,000 |
| Median Household Income | $177,000 |