Is Essex County, MA a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Essex County is a seller's market


Difference Since April 2022

Since last year, Essex County has remained a Seller's Market.

Key Takeaway

Essex County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Essex County, MA cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since April 2022


Key Takeaway

Homes in Essex County have sold for 7.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2022Apr 2023%
1 $265K$285K
2 $404.8K$440.7K
3 $550K$585.2K
4 $723.1K$763.8K
5+ $712K$767.2K

Median Sold Price Compared To Nearby Counties

Essex County
Middlesex County
Suffolk County

How many homes are available in Essex County, MA?

Number of Homes For Sale

Mar 2023Apr 2023%

Homes For Sale By Bedroom Count

# BEDSMar 2023Apr 2023%
1 7881
2 332321
3 473489
4 341361
5+ 228223

Number of Homes Sold

Mar 2023Apr 2023%

Asking Price vs. Sold Price

112 Homes Were Sold
Under Asking

26 Homes Were Sold
At Asking

240 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Essex County, you could pay more than the asking price. 63.5% of homes here sold above asking price last month.

Average Sale Time

Apr 2022Apr 2023%
23 Days29 Days+23.7%

Breakdown of Home Sale Times

292 Homes Were Sold
Under 30 Days

57 Homes Were Sold
In 30 - 90 Days

28 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Essex County are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Essex County, MA

There are 1,475 homes are for sale in Essex County, MA real estate market. The inventory of homes for sale in Essex County, MA between March 2023 and April 2023 increased by 1.6%. While the average time on the market in April 2023 was 29 days, the median list price was $599,989. Listing prices have changed in this real estate market between March 2023 and April 2023: the cost of 1 bedroom properties went up by 7.5%, 2 bedrooms properties prices increased by 8.9%, 3 bedrooms properties prices increased by 6.4%, prices of 4 bedrooms properties increased by 5.6%, 5 bedrooms properties became 7.8% more expensive. The following changes in the number of homes for sale were observed in this housing market: the quantity of 1 bedroom homes went up by 3.8%, volume of 2 bedrooms homes went down by 3.3%, volume of 3 bedrooms homes went up by 3.4%, 4 bedrooms homes became 5.9% more available, volume of 5 bedrooms homes went down by 2.2%. Over 240 listings were sold over their listed price in April 2023 in Essex County, MA. In the same period over 112 listings were sold below the listed price and 26 listings were sold for the listed price.

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