The story of this market
The typical home in ZIP 01984 sells for about $1,150,000, or $227 per square foot.
Prices are down 36.1% from a year ago, which gives buyers more room to negotiate. Homes take about 38 days to sell.
ZIP 01984 — Wenham
The Wenham 01984 housing market is currently a buyer's market characterized by high home values and low inventory. Recent data shows a significant year-over-year decline in median sale prices, though this is heavily influenced by the low volume of annual sales. The area remains a highly affluent, stable community with a strong preference for owner-occupancy.
This ZIP is best suited for affluent family buyers and professionals seeking a quiet, highly-educated, and stable community with strong school systems and a high quality of life.
Median prices moved down 36.1% year over year.
Homes spend a median of 38 days on market with 12.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.6% · poverty 3.7% — a stable, low-distress profile.
ZCTA 01984, Essex County, MA
The area is served by the highly-regarded Hamilton-Wenham Regional School District, which is consistently recognized for strong academic performance.
The area maintains a stable, affluent residential character with limited large-scale commercial development momentum.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Massachusetts) — Massachusetts Local Property Tax: Ad valorem tax calculated as (Municipal Budget / Total Assessed Value of all taxable property) = Tax Rate per $1,000 of assessed value. Assessments must be at 100% of full and fair cash (market) value.
Residents primarily rely on personal vehicles for commuting, with access to regional transit corridors connecting to the Greater Boston employment core.
The area features significant open space, including access to the Wenham Lake area, local conservation trails, and proximity to coastal amenities in neighboring towns.
The rental market is extremely limited with very low inventory, primarily consisting of single-family home rentals rather than multi-family complexes.
The local economy is primarily residential and service-oriented, with proximity to major employment hubs in the North Shore region and Boston.
The area is served by local road networks with access to the MBTA Commuter Rail via nearby stations in Hamilton and Beverly.
Development is largely restricted to residential infill and conservation-focused projects due to the town's rural-suburban character.
Parcels are subject to the Hamilton-Wenham Regional School District and standard municipal utility districts.
Data retrieved from US Census Bureau ACS 2024 profiles for ZCTA 01984.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment. Source: NCES EDGE public school locations 2023-24.
- Boston Tea Party Ships & Museum4.619.3 mi
- F1 Arcade Boston4.519.3 mi
- Museum of Illusions Boston4.518.9 mi
- Boda Borg Boston4.715.5 mi
- K1 Speed Boston-Wilmington4.213.5 mi
- TD Garden4.618.7 mi
- Thomas M. Menino Convention & Exhibition Center4.519.7 mi
- Citizens Opera House4.819.5 mi
- Boch Center - Wang Theatre4.619.8 mi
- MUSEUM OF ICE CREAM4.319.3 mi
- Salem Witch Museum3.85.4 mi
- Hammond Castle Museum4.69.5 mi
- Kowloon Restaurant4.211.9 mi
- Castle Hill on the Crane Estate4.77.7 mi
- The Witch House at Salem4.35.6 mi
- Museum of Science4.718.9 mi
- Boston Tea Party Ships & Museum4.619.3 mi
- Salem Witch Museum3.85.4 mi
- The Harvard Museum of Natural History4.819.6 mi
- Boston Children's Museum4.719.3 mi
- Salem Witch Trials Memorial4.65.6 mi
- Salem Willows Park4.64.6 mi
- Breakheart Reservation4.711.3 mi
- Mass Audubon's Ipswich River Wildlife Sanctuary4.93.1 mi
- Stage Fort Park4.710.2 mi
- Community Boating, Inc.4.619.4 mi
- MIT Sailing Pavilion4.919.9 mi
- Atlantic Wharf4.619.3 mi
- Constitution Marina4.618.4 mi
- Charlestown Marina4.817.9 mi
- Black Swan Country Club3.910.6 mi
- Sagamore Spring Golf Club48.8 mi
- Gannon Municipal Golf Course4.59.1 mi
- Ferncroft Country Club4.65.1 mi
- Hillview Golf Course4.111.8 mi
- Northshore Mall4.45.4 mi
- Square One Mall4.112.3 mi
- Liberty Tree Mall3.94.6 mi
- MarketStreet Lynnfield4.59.9 mi
- Marshalls & HomeGoods4.311.3 mi
- Boston Logan International Airport4.117.6 mi
- Park Shuttle & Fly4.516.2 mi
- The Lounge3.417.6 mi
- DaCoopas Pizza4.117.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
A significant local water body providing scenic views and serving as a primary water source for the region.
A private Christian college located within the ZIP, serving as a major local institution.
Key-figure check: median price diverges 49.6% from the nearest retained anchor (published ten-year series (2024)) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Research outlier held out — this pass returned a median of $580,000 (49.6% off the retained reading), contradicting every independent anchor; the prior reading stands pending corroboration.