How much do homes in Essex, MD cost?

Median List Price

$252,450

Based on all homes listed in May 2021.

Difference Since Last Month

+$2,460(+1.0%)

Key Takeaway

The list price of homes in Essex has increased by 1% since April.

Housing Market Conditions

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Key Takeaway

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Median List Price By Bedroom Count

# BEDSApr 2021May 2021%
1 --N/A
2 $157.9K$175K+10.8%
3 $210K$215.4K+2.6%
4 $329.5K$317K-3.8%
5+ $462.1K$462.4K0.1%

Median List Price Compared To Nearby Cities

Dundalk
+2.6%
Essex
+1.0%

How many homes are available in Essex, MD?

Number of Homes For Sale

Apr 2021May 2021%
165168+1.8%

Homes For Sale By Bedroom Count

# BEDSApr 2021May 2021%
1 000.0%
2 2625-3.8%
3 8990+1.1%
4 3637+2.8%
5+ 1416+14.3%

Asking Price vs. Sold Price

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Average Listing Age

Apr 2021May 2021%
69 Days68 Days-0.9%

Breakdown of Home Sale Times

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About Essex, MD

Number of homes for sale in Essex, MD real estate market have reached 168.

In May 2021 median list price was $252,450 and the average listing age was 68 days.

Between May 2020 and May 2021, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties became 0% more expensive, 2 bedrooms properties prices increased by 10.8%, the cost of 3 bedrooms properties went up by 2.6%, the cost of 4 bedrooms properties went down by 3.8%, prices of 5 bedrooms properties went up by 0.1%.

The number of listings in Essex, MD increased by 1.8% between April 2021 and May 2021.

Housing inventory have changed in this real estate market: number of 1 bedroom homes remained the same, the quantity of 2 bedrooms homes went down by 3.8%, number of 3 bedrooms homes increased by 1.1%, volume of 4 bedrooms homes went up by 2.8%, volume of 5 bedrooms homes went up by 14.3%.

Over 20 listings were sold over their listed price in May 2021 in Essex, MD. In the same period over 10 listings were sold below the listed price and 13 listings were sold for the listed price.

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