Market Report

Essex, MA Housing Market

The median sale price is $1.31M (+59.1% year over year). Homes are selling in a median of 72 days.

Prices & Activity

Median Sale Price

$1.31M

+59.1% YoY

Days on Market

72

+56 days YoY

Months of Supply

1.0

Active Inventory

1

Sale-to-List

87.6%

-22.3 pts YoY

Source: Redfin Data Center (through Jan 2026)

Median Sale Price — Essex, MA

Days on Market — Essex, MA

Growth & Supply

Population

813,054

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003) — Essex County

Median Household Income

$102K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013) — Essex County

Renter-Occupied Homes

36.5%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003) — Essex County

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)

Essex County market

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