Market Report
ZIP 01940 Housing Market
The median sale price is $940,000 (+1.9% year over year). Homes are selling in a median of 23 days.
Prices & Activity
Median Sale Price
$940K
+1.9% YoYDays on Market
23
+3 days YoYMonths of Supply
N/A
Active Inventory
7
-22.2% YoYSale-to-List
99.2%
-0.9 pts YoYSource: Redfin Data Center (through Jan 2026)
Median Sale Price — ZIP 01940
Days on Market — ZIP 01940
Growth & Supply
Population
13,285
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$173K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
12.3%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
Migration — Essex County
Avg income of movers (latest year): in $105K · out $100K
IRS Statistics of Income, County-to-County Migration Data (through 2023)
Unemployment Rate — Essex County
Most recent month is preliminary and subject to revision
U.S. Bureau of Labor Statistics, Local Area Unemployment Statistics (through Jun '26)
New Construction Permits — Essex County
992 housing units permitted in the last 12 months (-15% vs the prior 12 months) — 515 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jun '26)