Essex County, MA Home Values & Market Trends

The median home price in Essex County, MA is $645,513.96. There were 8,316 home sales in Essex County, MA over the past 12 months. The median residential Essex County, MA home value for transactions over the previous year is $567,042.964. The number of current listings in Essex County, MA is 229, and the percentage of properties for sale is 229.00%. The county has 365 foreclosures, 13 bank owned properties, 65 headed for auction, and 229 properties for sale.

Essex County, MA Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Andover

$ 829,533

$ 369/sqft

Saugus

$ 638,707

$ 313/sqft

Haverhill

$ 467,600

$ 278/sqft

Boxford

$ 775,250

$ 278/sqft

Lynn

$ 549,049

$ 350/sqft

West Newbury

$ 1,421,658

$ 365/sqft

Beverly

$ 598,875

$ 385/sqft

Topsfield

$ 813,750

$ 351/sqft

Methuen

$ 549,233

$ 293/sqft

Ipswich

$ 724,639

$ 286/sqft

Danvers

$ 623,300

$ 404/sqft

Gloucester

$ 615,446

$ 447/sqft

Peabody

$ 685,500

$ 382/sqft

Lawrence

$ 399,500

$ 416/sqft

Salem

$ 607,263

$ 356/sqft

Newbury

$ 642,368

$ 489/sqft

Amesbury

$ 574,687

$ 346/sqft

Rowley

$ 430,694

$ 327/sqft

Middleton

$ 531,734

$ 412/sqft

Groveland

$ 510,000

$ 353/sqft

Salisbury

$ 672,673

$ 536/sqft

Rockport

$ 1,224,845

$ 490/sqft

North Andover

$ 786,316

$ 355/sqft

Wenham

$ 1,350,000

$ 501/sqft

Marblehead

$ 878,438

$ 446/sqft

Nahant

$ 432,598

$ 385/sqft

Swampscott

$ 599,288

$ 434/sqft

Manchester

$ 1,541,003

$ 896/sqft

Newburyport

$ 915,071

$ 464/sqft

Byfield

$ --

$ --

South Hamilton

$ 626,278

$ 438/sqft

Hathorne

$ --

$ --

Lynnfield

$ 799,888

$ 398/sqft

Essex

$ --

$ --

Georgetown

$ 1,007,000

$ 299/sqft

Prides Crossing

$ --

$ --

Merrimac

$ 765,393

$ 294/sqft

See More

Housing Market Summary for Essex County, MA

Apr 2023March 2024Change
Median Listing Price$539.9K$604K11.87%
Median Sold Price$550.6K$604K9.69%
Homes For Sale260219-15.77%
Homes Sold3,3813,4100.86%
Price
$/Sqft
Homes For Sale
0
0

Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

0
0

Browse Homes in Essex County, MA

Essex County, MA home values range from $27,453 to $27,608,335. West Newbury is the priciest city with a median listing home price of $1,550,000, and Nahant is most affordable with average house prices of around $309,000.

Foreclosure
There are 37 cities within Essex County, MA; within these cities, the median estimated home value for homes in foreclosure ranges from $2,138,453 in Haverhill to the lowest value of $199,900 in Haverhill. Foreclosure homes account for 0.00% of properties in Essex County, MA with Lynn containing 51 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.13% of all residential properties in Essex County, MA with Lynn containing 38 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 37 cities within Essex County, MA; of those cities, the estimated home value for pre-foreclosure homes ranges from $823,100 in West Newbury to the lowest home value of $223,202 in Rowley.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Essex County, MA ranges from the highest value of $822,581 in Danvers to the lowest value of $199,900 in Haverhill. Bank owned homes and properties account for 0.01% of properties in Essex County, MA. There are 37 cities within Essex County, MA; Gloucester containing 2 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Lynn has 11 auction properties, the highest number of properties going to auction in a single city in the state of Essex County, MA. Auction homes and other auction properties account for 0.03% of all properties in Essex County, MA. There are 37 cities within Essex County, MA; of those cities, the median estimated home value for homes going to auction ranges from $718,000 in Ipswich to the lowest value of $284,451 in Ipswich.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.10% of residential properties in Essex County, MA with Andover containing 26 homes for sale, the highest number of listed properties in a single city. There are 37 cities within Essex County, MA; homes for sale in those cities, have a range of median values from $1,541,003 in Manchester to the lowest value of $199,900 in Lynn.
    Sold Homes
    The median value for recently sold homes ranges from $2,418,000 in Nahant to the lowest price of $73,124 in Nahant. There are 37 cities within Essex County, MA. Lynn has 324 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.52% of properties in Essex County, MA.

      Compare Nearby Cities

      Price
      $/Sqft
      Homes For Sale
      0
      0
      Essex County, MA
      $
      $

      Guide for Essex County, MA

      Market Reports
      Newark Real Estate Market Report, March 2024
      Market Reports
      Boston Real Estate: A Year of Growth – Market Report March 2024
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      Market Reports
      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      See More Articles
      Newark Real Estate Market Report, March 2024
      Market Reports|posted 22 March 2024

      The Newark real estate market from 2023 to 2024 exhibited a strong upward growth pattern, with slight fluctuations in property values and sale price per square foot.

      Boston Real Estate: A Year of Growth – Market Report March 2024
      Market Reports|posted 14 March 2024

      This analysis highlights the significant growth in Boston’s real estate market with increasing property values, and the diversity of pricing in its neighborhoods. It presents a dynamic market catering to a wide range of buyers and investors, from high-end to more economic entry points.

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      Market Reports|posted 17 April 2024

      Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.