Is Wenham, MA 01984 a buyer’s or seller’s market?
Wenham is a seller’s market. With about 2.3 months of supply and 71% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Wenham housing market right now
In the three months ending August 31, 2026, 71% of homes in Wenham, MA 01984 sold above their list price, the typical home went under contract in 21 days and there were 2.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 14 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 82%, homes sold more slowly (10 days then) and the median sale price rose 13% to $1,186,986. Overall, Wenham is less competitive than a year ago, which gives buyers more room.
Within Essex County, homes here sell faster than in 61% of the county’s ZIP codes, and sell more often over asking than in 98%.
Nearby, buyers who want less competition could look at Nahant 01908 (0% sold over asking) or Lynn 01901 (0% sold over asking), while Groveland 01834 (74% sold over asking) is even more competitive.
Run the numbers for 01984
Nearby markets
Amesbury 01913Seller’s market $385 /sq ftAndover 01810Seller’s market $412 /sq ftBeverly 01915Seller’s market $475 /sq ftBoxford 01921Seller’s market $357 /sq ft Browse all markets →Towns like Wenham nearby
Find towns like Wenham in other states →Where Wenham is
Loading map…
Questions about Wenham real estate
Is Wenham a buyer’s or seller’s market?
A seller’s market: there were 2.3 months of supply in Wenham, MA 01984 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Wenham?
The typical home went under contract in 21 days in the latest three months.
Do homes in Wenham sell over asking?
71% of homes sold above their original list price, and the typical sale closed at 104.6% of the list price.
What are property taxes in Wenham?
About 1.04% of a home’s value a year in Essex County, or roughly $4,160 on a $400,000 home.
What is the median home price in Wenham?
The median sale price was $1,186,986 in the three months ending August 31, 2026, about $436 per square foot.
Local agents
See all agents in 01984 →No sponsored agents in 01984 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 01984
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology