Essex County, MA Home Values & Market Trends
The median home price in Essex County, MA is $645,502.28. There were 8,493 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 $567,221.203. The number of current listings in Essex County, MA is 248, and the percentage of properties for sale is 248.00%. The county has 366 foreclosures, 12 bank owned properties, 60 headed for auction, and 248 properties for sale.
Essex County, MA Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Andover | $ 848,812 $ 372/sqft | Saugus | $ 616,040 $ 305/sqft |
| Haverhill | $ 467,600 $ 278/sqft | West Newbury | $ 1,394,316 $ 387/sqft |
| Lynn | $ 519,700 $ 340/sqft | Boxford | $ 775,250 $ 278/sqft |
| Beverly | $ 598,875 $ 385/sqft | Gloucester | $ 808,487 $ 447/sqft |
| Methuen | $ 520,893 $ 296/sqft | Lawrence | $ 424,700 $ 343/sqft |
| Peabody | $ 691,669 $ 373/sqft | Topsfield | $ 813,750 $ 351/sqft |
| Danvers | $ 579,088 $ 405/sqft | Ipswich | $ 724,639 $ 286/sqft |
| Salem | $ 580,526 $ 355/sqft | Rowley | $ 356,889 $ 345/sqft |
| Amesbury | $ 519,900 $ 336/sqft | Newbury | $ 642,368 $ 489/sqft |
| Georgetown | $ 922,624 $ 302/sqft | Groveland | $ 510,000 $ 353/sqft |
| Middleton | $ 531,734 $ 412/sqft | Rockport | $ 643,564 $ 608/sqft |
| North Andover | $ 852,544 $ 354/sqft | Wenham | $ 1,350,000 $ 501/sqft |
| Marblehead | $ 860,969 $ 447/sqft | Nahant | $ 432,598 $ 385/sqft |
| Swampscott | $ 562,024 $ 454/sqft | Manchester | $ 1,541,003 $ 896/sqft |
| Salisbury | $ 672,673 $ 536/sqft | Byfield | $ -- $ -- |
| Newburyport | $ 915,071 $ 432/sqft | Hathorne | $ -- $ -- |
| South Hamilton | $ 626,278 $ 438/sqft | Essex | $ -- $ -- |
| Lynnfield | $ 799,888 $ 398/sqft | Prides Crossing | $ -- $ -- |
| Merrimac | $ 765,393 $ 294/sqft |
Housing Market Summary for Essex County, MA
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $539.9K | $604K | 11.87% |
| Median Sold Price | $550.6K | $604K | 9.69% |
| Homes For Sale | 260 | 219 | -15.77% |
| Homes Sold | 3,381 | 3,410 | 0.86% |
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%.
Recently Sold Homes
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Browse Homes in Essex County, MA
Essex County, MA home values range from $27,453 to $27,608,335. Wenham is the priciest city with a median listing home price of $1,350,000, and Nahant is most affordable with average house prices of around $309,000.
- Pre-ForeclosurePre-foreclosure homes account for 0.13% of all residential properties in Essex County, MA with Lynn containing 39 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 OwnedThe median estimated home value of bank owned homes (REO properties) in Essex County, MA ranges from the highest value of $652,700 in Gloucester 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; Salem containing 2 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsLynn has 10 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.
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Guide for Essex County, MA
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Learn how a short sale can stop the foreclosure process.
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