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West Gloucester

ESSEX, MA 01929

Real Estate Market Report  ·  Essex County
Balanced Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 01929

West Gloucester

Market Analysis

Data as of March 2026. Source: Realtor.com.

The ESSEX, MA real estate market (01929) currently shows 6 active listings, with 1 pending sales. Homes are averaging 20 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are selling faster, averaging 20 days on market compared to 172 days last year.

The median listing price has fallen 50.1% year-over-year, from $1,600,000 to $798,000.

Whether you are buying or selling in ESSEX, MA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 3,648  ·  Density: 101.1/mi²  ·  Median household income: $133,026

Typical home value: $731,682  ·  Homeownership: 81.0%

Market Overview

Active Listings
6
⇧ 100% vs 3 last year
Pending
1
17% pending ratio
Median Price
$798,000
⇩ 50.1% vs $1,600,000 last year
Average Price
$1,237,464
⇩ 22.7% vs $1,600,000 last year
Days on Market
20
⇩ 88.4% vs 172 days last year

Price Per Square Foot

Median $/sqft
$661
⇧ 51.6% vs $436/sqft last year
Median Home Size
1,180 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 6 this year vs 3 last year
  • Days on market: 20 now vs 172 last year

Median & Average Pricing

Year over Year
  • Median: $798,000 (-50.1% YoY)
  • Average: $1,237,464 (-22.7% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 14.7 miles — 170 listings ($222,445,682 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
01929Essex, MA 019290.0 mi4$5,553,000$1,191,500$1,388,250
01982South Hamilton, MA 019824.2 mi6$9,135,300$950,000$1,522,550
01938Ipswich, MA 019384.8 mi19$25,340,775$1,143,250$1,333,725
01915Beverly, MA 019156.4 mi24$65,604,504$756,975$2,733,521
01969Rowley, MA 019698.3 mi6$5,596,146$731,225$932,691
01923Danvers, MA 019239.7 mi16$16,177,040$638,000$1,011,065
01951Newbury, MA 0195110.5 mi6$7,738,398$1,148,750$1,289,733
01922Byfield, MA 0192211.1 mi7$7,116,431$1,050,000$1,016,633
01960Peabody, MA 0196012.2 mi27$16,399,584$575,225$607,392
01921Boxford, MA 0192112.7 mi5$8,839,000$1,737,000$1,767,800
01950Newburyport, MA 0195013.5 mi22$40,963,736$1,593,750$1,861,988
01902Lynn, MA 0190214.0 mi24$10,202,568$457,400$425,107
01985West Newbury, MA 0198514.7 mi4$3,779,200$969,000$944,800

Frequently Asked Questions

How many homes are for sale in ESSEX, MA 01929?

As of March 2026, there are 6 active listings in ESSEX, MA (zip code 01929), compared to 3 the prior year.

What is the median home price in ESSEX, MA 01929?

The median listing price in ESSEX, MA 01929 is $798,000 as of March 2026, a 50.1% decrease from $1,600,000 the prior year.

How long do homes stay on the market in ESSEX, MA?

Homes in ESSEX, MA 01929 spend an average of 20 days on the market before going under contract, compared to 172 days the prior year.

Is it a seller's or buyer's market in ESSEX, MA 01929?

Based on current inventory and days-on-market data as of March 2026, ESSEX, MA 01929 is currently a Balanced Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are selling faster, averaging 20 days on market compared to 172 days last year.

How much can I save on real estate commission in ESSEX, MA?

With SELL123.com's maximum 3% commission, sellers in ESSEX, MA 01929 save an estimated $15,960 compared to a typical 5% commission on the median listing price of $798,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.