Essex, MA Home Values & Market Trends

Real estate market trends reflect that there have been 33 transactions over the past year in Essex. The median value for residential home transactions that occurred over the previous year is $788,162.08. The number of current listings in Essex is 0, and the percentage of properties for sale in the city is 0.00%. Essex, MA currently has 3 properties in foreclosure, 1 bank owned properties, 0 properties headed for auction, and 0 properties for sale.

Essex, MA Real Estate Market Overview

ZipMedian Est. Value
01929

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Housing Market Summary for Essex, MA

Apr 2023March 2024Change
Median Listing Price$0$880.7K-
Median Sold Price$775K$880.7K13.64%
Homes For Sale00-
Homes Sold131515.38%
Price
$/Sqft
Homes For Sale
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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%.

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Browse Homes in Essex, MA

Essex home values range from $42,583 to $4,477,195. The median estimated value of a home in Essex is $788,162.08. The median list price of a home is 0, and the total count of properties in the city is 1,248.

Foreclosure
There is 1 zips within Essex, MA; within this zips, the median estimated home value for homes in foreclosure ranges from $1,454,827 in 01929 to the lowest value of $385,000 in 01929. Foreclosure homes account for 0.00% of properties in Essex, MA with 01929 containing 3 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.16% of all residential properties in Essex, MA with 01929 containing 2 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Essex, MA; of that zips, the estimated home value for pre-foreclosure homes ranges from $1,454,827 in 01929 to the lowest home value of $764,222 in 01929.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Essex, MA ranges from the highest value of $385,000 in 01929 to the lowest value of $385,000 in 01929. Bank owned homes and properties account for 0.08% of properties in Essex, MA. There is 1 zips within Essex, MA; 01929 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Essex, MA. Auction homes and other auction properties account for 0% of all properties in Essex, MA. There is 1 zips within Essex, MA; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.00% of residential properties in Essex, MA with 01929 containing 0 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Essex, MA; homes for sale in that zips, have a range of median values from $0 in 01929 to the lowest value of $0 in 01929.
    Sold Homes
    The median value for recently sold homes ranges from $2,265,300 in 01929 to the lowest price of $601,800 in 01929. There is 1 zips within Essex, MA. 01929 has 14 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.12% of properties in Essex, MA.

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      Guide for Essex, MA

      Market Reports
      Boston Real Estate: A Year of Growth – Market Report March 2024
      Home Buying Financing
      How To Make Adjustments to Your Household Budget When Interest Rates Are High
      Home Buying Guides & Tips
      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Market Reports
      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      See More Articles
      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.

      How To Make Adjustments to Your Household Budget When Interest Rates Are High
      Home Buying Financing|posted 23 April 2024

      Sometime we need to make changes to our budget to cope with higher interest rates. Here are some tips!

      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Home Buying Guides & Tips|posted 23 April 2024

      When house prices increase near good school, what options do home buyer have?

      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports|posted 22 April 2024

      Market report for Springfield, Illinois, with a snapshot of property values, sales activity, price fluctuations, and comparisons with neighboring cities.

      Recently Listed Homes Essex, MA

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