Essex, MD Housing Market
The Essex housing market is very competitive. The median sale price of a home in Essex was $265K last month, up 2.9% since last year. The median sale price per square foot in Essex is $182, down 2.2% since last year.
Essex Housing Market Trends
In March 2024, Essex home prices were up 2.9% compared to last year, selling for a median price of $265K. On average, homes in Essex sell after 26 days on the market compared to 32 days last year. There were 39 homes sold in March this year, down from 52 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Essex housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 1% above list price and go pending in around 21 days.
- Hot homescan sell for about 4% above list price and go pending in around 6 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for around list price and go pending in around 23 days.
- Hot homescan sell for about 2% above list price and go pending in around 5 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 1% above list price and go pending in around 21 days.
- Hot homescan sell for about 3% above list price and go pending in around 4 days.
Essex Migration & Relocation Trends
- Across the nation, 3% of homebuyers searched to move into Essex from outside metros.
- New York homebuyers searched to move into Essex more than any other metro followed by Atlanta and Hartford.
- 81% of Essex homebuyers searched to stay within the Essex metropolitan area.
- Salisbury was the most popular destination among Essex homebuyers followed by Virginia Beach and Miami.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 3,185 | ||
2 | 1,376 | ||
3 | 525 | ||
4 | 384 | ||
5 | 26 | ||
6 | 13 | ||
7 | 11 | ||
8 | 10 | ||
9 | 5 | ||
10 | 5 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 4,584 | ||
2 | 2,396 | ||
3 | 2,070 | ||
4 | 1,555 | ||
5 | 1,496 | ||
6 | 1,356 | ||
7 | 1,298 | ||
8 | 1,266 | ||
9 | 982 | ||
10 | 808 |
Home offer insights for Essex
Recent offers
View houses in Essex that sold recently
Recently sold homes
- $397,500 Last Sold Price3 beds3 baths2,640 sq ft801 Martin Rd, Essex, MD 21221(410) 547-1116List Price$389,990Sale to List2% over listDays on Market43 days801 Martin Rd, Essex, MD 21221
- $360,000 Last Sold Price4 beds2.5 baths1,928 sq ft823 Dorsey Ave, Essex, MD 21221(410) 377-2270List Price$350,000Sale to List3% over listDays on Market61 days823 Dorsey Ave, Essex, MD 21221
- $370,000 Last Sold Price4 beds2 baths1,758 sq ft1910 Sue Creek Dr, Essex, MD 21221(410) 220-4648List Price$367,500Sale to List1% over listDays on Market42 days1910 Sue Creek Dr, Essex, MD 21221
- $297,000 Last Sold Price3 beds2 baths1,689 sq ft703 Clover Ave, Essex, MD 21221(410) 256-3939List Price$309,000Sale to List4% under listDays on Market68 days703 Clover Ave, Essex, MD 21221
- $270,000 Last Sold Price4 beds2.5 baths1,690 sq ft1937 Newhaven, Essex, MD 21221(410) 729-7700List Price$269,000Sale to List0% over listDays on Market126 days1937 Newhaven, Essex, MD 21221
- $300,000—beds1 bath1,428 sq ft2415 Golupski Rd, Essex, MD 21221Days on Market—2415 Golupski Rd, Essex, MD 21221
- $315,000 Last Sold Price2 beds2.5 baths2,592 sq ft210 Oak Ave, Essex, MD 21221(888) 860-7369List Price$299,000Sale to List5% over listDays on Market20 days210 Oak Ave, Essex, MD 21221
- $224,500 Last Sold Price3 beds1 bath1,008 sq ft8 Avenal Rd, Essex, MD 21221(410) 814-2400List Price$234,999Sale to List4% under listDays on Market51 days8 Avenal Rd, Essex, MD 21221
See all recently sold homes in Essex.
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Schools in Essex
- Elementary
- Middle
- High
GreatSchools Rating
6/10 Middleborough Elementary School Public • PreK-5 | 351 Students | 11 reviews |
5/10 Mars Estates Elementary School Public • PreK-5 | 384 Students | 4 reviews |
5/10 Sandalwood Elementary School Public • PreK-5 | 533 Students | 9 reviews |
3/10 Essex Elementary School Public • PreK-5 | 517 Students | 6 reviews |
3/10 Middlesex Elementary School Public • PreK-5 | 414 Students | 5 reviews |
Climate's impact on Essex housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Essex.
Flood Factor - Moderate
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Major
Wind Factor
Wind likelihood over time
Heat Factor - Severe
Heat Factor
Transportation in Essex
Walk Score®
Transit Score®
Bike Score®
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