House Prices in Ipswich, Suffolk

# Ipswich Property Market Summary

Ipswich presents an active and affordable property market with over 63,000 properties and an overall average price of £197,573, positioning it well below the national average. This historic Suffolk county town offers accessible homeownership opportunities whilst maintaining steady market activity, with sales volumes typically ranging between 2,200 and 3,600 transactions annually during recent years.

The market has demonstrated notable volatility over recent years, with average prices climbing from £338,847 in 2017 to a peak of £412,518 in 2022 – reflecting the post-pandemic property boom seen across much of the UK. Since then, the market has undergone a correction, with prices retreating to £363,219 in 2024 and £357,066 in early 2025. The particularly active sales year of 2021 (3,508 transactions) and strong volumes in 2024 (3,651 sales) suggest robust buyer interest, though the market appears to be normalising after the exceptional conditions of the pandemic period. As a major regional centre with good rail links to London, Ipswich continues to attract buyers seeking value in East Anglia, balancing affordability with connectivity and employment opportunities.