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Foreclosure Homes in Essex, MA

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Essex, MA Foreclosures

How much do homes sell for in Essex, MA?
The average home price is currently $1,061,079.
In Essex, MA, how many homes are available?
There are currently 4 active home listings available in Essex.
What’s the average rental cost in Essex, MA?
The average rental price in Essex is $2,425.
What is the most expensive home in Essex?
The most expensive home sold in Essex had a price of $11,535,648.
What is currently the cheapest priced home in Essex, MA?
The cheapest home for sale in Essex is priced at $17,495.

Living in Essex, MA

Essex, MA is a quaint town renowned for its historical significance and natural beauty. Residents enjoy a peaceful atmosphere and a strong sense of community, along with a variety of outdoor activities. The town's charming shops and local eateries enhance its appeal, making it an attractive destination for families and individuals alike.

Current Market Conditions in Essex, MA

The real estate market in Essex is currently competitive, with a mix of historic homes and newly constructed properties. The demand for waterfront properties continues to drive up prices, while buyers are eager to invest in the town's charm and quality of life.

Recent trends suggest a decrease in inventory as more buyers look to secure homes in this desirable area. The market has seen a steady increase in property values, making it a favorable time for sellers.

Home Value Estimator For Essex, MA

There are currently 1,417 real estate properties in Essex, MA, with a median automated valuation model (AVM) price of $879,945.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Essex, MA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Essex, MA, is $1,061,079.00, with the most expensive house in Essex, MA, topping out at $11,535,648.00 and the cheapest home in Essex, MA, clocking in at $17,495.00. In other words, there’s something for every potential homebuyer or savvy investor in Essex, MA!

Rent Prices In Essex, MA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Essex, MA, is on a rollercoaster ride. The average rent price in Essex, MA, is $2,425.00. Indeed, when looking to rent in Essex, MA, you can expect to pay as little as $1,440.00 or as much as $3,720.00, with the average rent median estimated to be $2,420.00. The good news is that finding an affordable and desirable property to rent in Essex, MA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Essex, MA Foreclosures

Market Trend for Essex, MA

Total Listings Available: 4

Market Values:

Home Prices from $17,495 to $11,535,648

Average Sales Price: $1,061,079

Rental Values:

Rental from $1,440 to $3,720

Average Rent Value: $2,425 / month

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