Essex, MA is a great place to live and invest in the housing market. According to the most recent data, the median value of housing in Essex is $738,300 which is well above the US national median of $338,100. Furthermore, the appreciation rate of homes in Essex has been increasing at a rate of 9.17%, higher than the US average of 8.27%. This indicates that investing in Essex's housing market will likely be profitable for many years to come.
The median home cost in Essex (zip 01929) is $738,300. Home appreciation the last 10 years has been 95.5%. Home Appreciation in Essex (zip 01929) is up 13.0%.
Average Age of Homes
- The median age of Essex (zip 01929) real estate is 50 years old
The Rental Market in Essex (zip 01929)
- Renters make up 27.8% of the Essex (zip 01929) population
- 0.0% of houses and apartments in Essex (zip 01929), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.