How does the housing market look in Essex? Take a look at up-to-date home sale trends like the latest home sale prices, new listings, and more.
Market Insights
Essex Maryland
Median Sale Price
$259,900
8.3%
New Listings
38
24.0%
Number of Homes Sold
45
Median Days on Market
24
294.4%
Market Overview
All Home Types
In the last 30 days, homes for sale in Essex, MD sold for a median price of $259,900, up 8.3% compared to the same period last year. The median price per square foot was $190.78, up 15% year-over-year. There were 45 homes sold, same as last year.
Median
lightbulbWhat does this mean?
The median sale price helps you understand how much you should expect to spend on a home in a market. The higher the median price of the homes, the more expensive the market is overall. The rate at which home prices change is an indicator of whether homes are becoming more or less affordable in that market. Learn more about buying a home.
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Get StartedHousing Supply
All Home Types
Yesterday, the total number of homes for sale in Essex, MD was 106, down 7.8% compared to last year. In the last 30 days, 38 new homes were listed for sale, down 24% year-over-year. The median days on market was 23.67, up from 6 days last year. The months of supply was 1.02, down from 1.16 months last year.
lightbulbWhat does this mean?
The number of homes that are available for sale in a market tells you how much choice you have. The rate at which this number changes indicates whether the number of options are increasing or decreasing for buyers. Learn more about buying in a hot market.
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Start QuizHousing Demand
All Home Types
In the last 30 days, homes in Essex, MD had a median sale-to-list-price ratio of 99.66%, down 0.4 pt compared to the same period last year. 34.09% of homes sold above list price, down 12.6 pt year-over-year. 31.82% of homes listed dropped in price, up 9.6 pt from last year.
Median
lightbulbWhat does this mean?
Sale-to-list price tells you how much you may have to pay over the asking price to buy the home you want. When this number is above 100%, you may need to pay more than the asking price for the home you want.
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Cash offers are 4x more likely to be accepted.
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Get StartedHomes For Sale In Essex
Exit Results Realty • MLS MDBC2063644 • Status: Coming Soon
Coldwell Banker Realty • MLS MDBC2063640 • Status: Coming Soon
Cummings & Co Realtors • MLS MDBC2063628 • Status: Active
R.E. Shilow Realty Investors, Inc. • MLS MDBC2061108 • Status: Coming Soon
Next Step Realty • MLS MDBC2063120 • Status: Coming Soon
Keller Williams Preferred Properties • MLS MDBC2062764 • Status: Active
• MLS MDBC2063378 • Status: Coming Soon
Long & Foster Real Estate, Inc. • MLS MDBC2063184 • Status: Coming Soon
• MLS MDBC2063064 • Status: Active
United Real Estate Executive • MLS MDBC2062932 • Status: Active
Berkshire Hathaway HomeServices PenFed Realty • MLS MDBC2062572 • Status: Coming Soon
Realty ONE Group Excellence • MLS MDBC2062906 • Status: Active
Coldwell Banker Realty • MLS MDBC2062728 • Status: Active
Eagle Commercial Realty • MLS MDBC2058506 • Status: Coming Soon
RE/MAX New Beginnings Real Estate Company • MLS MDBC2062652 • Status: Active
Real Broker, LLC • MLS MDBC2062140 • Status: Active
EXP Realty, LLC • MLS MDBC2062094 • Status: Active
Corner House Realty North • MLS MDBC2062024 • Status: Active
ExecuHome Realty • MLS MDBC2061650 • Status: Active
Samson Properties • MLS MDBC2060750 • Status: Active