Current Price

$863,586

1 Month Forecast

â–² $918,136

1-Year Forecast *

â–² $947,960

5-Year Forecast *

â–² $1,114,711

"Is it a good time to buy homes in Essex?" "Does investing in real estate in Essex (Massachusetts State, Essex County) worth it?" According to our live Forecast System, buying a house in Essex is a acceptable short-term (1-year) investment*. The Essex average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Essex" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Essex in Massachusetts State, Essex County. If you are looking for homes for sale with good flipping profit, Essex can be a profitable property investment option. The median price of an average house in Essex was 863,586 USD on 2026-02-15. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Essex" area is 1,114,711 USD by 2031-02-15. For a 5-year investment the profit is expected to be around +29.08% meaning that investing 100000 USD today may yield a profit of 29,079 USD by 2031.

Current Median Listing Price: 863,586 USD Median Listing Price Per Square Foot: 480 USD

Essex Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Essex (Massachusetts State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Essex Price Target

Essex median home price target in 12 months: $947,960* (upside of 9.8%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $899,480 $912,686 $899,480 $912,686
2024 $819,541 $863,586 $819,541 $863,586
2023 $746,950 $820,565 $744,646 $820,565
2022 $694,386 $750,568 $694,386 $763,952
2021 $624,486 $689,838 $624,486 $698,735
2020 $542,200 $615,126 $542,200 $615,126
2019 $535,900 $539,416 $533,620 $542,680
2018 $528,162 $536,482 $528,162 $542,028
2017 $496,340 $525,808 $496,128 $525,808
2016 $473,954 $493,981 $473,954 $500,547
2015 $450,324 $464,427 $444,342 $464,427
2014 $410,922 $447,967 $410,922 $447,967
2013 $372,852 $408,100 $372,852 $408,100
2012 $302,735 $365,389 $302,735 $365,389

Questions & Answers about the Essex Housing Market Forecast

How much does an average home cost in Essex today?

The value of an average home (the listing price) in Essex is $863,586 USD.

What is the average price per square foot in Essex?

According to Walletinvestor the median price per square foot in Essex is 480 USD.

Will the median listing price of homes in Essex grow / rise / go up?

Yes. The Essex home prices may rise from 863,586 USD to 947,960 USD in one year.

Is it profitable to invest in Essex homes?

Yes. The long-term profit potential is +9.77% in one year.

Will Essex house prices fall / drop?

No. See above.

What is the predicted price of a Essex home in 2030?

The predicted home sales price of a Essex home in 2030 in Essex is 1,068,562 USD.

What is the predicted price of a Essex home in 2035?

The predicted home sales price of a Essex home in 2035 in Essex is 1,297,901 USD.

Will real estate prices decrease in Essex?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Essex is the 10498. largest city in the United States, located in Massachusetts State.

During the last 12 months the real estate prices in Essex, Essex decreased, looking at the past 12 months.

According to Walletinvestor's Essex real estate market research, home values will increase in the next 12 months.

Median home values decreased by 4.197% to 863,586 USD, between 2025-02-15 and 2026-02-15

The average annual profit of property investment was:

  • 11.510% in 2021
  • 10.310% in 2022
  • 9.910% in 2023
  • 11.280% in 2024
  • 10.680% in 2025
  • 11.220% in 2026

Based on our Essex real estate market research and report the predicted sales prices will increase by 154.008% in the next 10 years.

Over the last 12 months, the value of homes in Essex fluctuated: increasing 5 times .

Essex (Massachusetts) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Essex Housing Market Forecast with Real Estate Prices for 2025
August 2025 918136 827241 1009032
September 2025 923619 845111 1002127
October 2025 929135 880820 977450
November 2025 934683 885145 984222
December 2025 940265 885730 994801
Essex Housing Market Forecast with Real Estate Prices for 2026
January 2026 943361 853742 1032980
February 2026 940346 878283 1002409
March 2026 937341 879226 995456
April 2026 935260 887562 982959
May 2026 936739 876788 996690
June 2026 942333 889562 995104
July 2026 947960 879707 1016214
August 2026 953622 882100 1025143
September 2026 959316 892164 1026469
October 2026 965045 911003 1019088
November 2026 970808 905764 1035853
December 2026 976606 920939 1032273
Essex Housing Market Forecast with Real Estate Prices for 2027
January 2027 978327 883429 1073225
February 2027 975201 909862 1040539
March 2027 972084 884597 1059572
April 2027 968978 905025 1032930
May 2027 967970 887628 1048311
June 2027 964876 903124 1026628
July 2027 961900 889757 1034042
August 2027 963435 868055 1058815
September 2027 969188 900376 1038001
October 2027 974976 881378 1068574
November 2027 980798 903315 1058282
December 2027 986656 908710 1064601
Essex Housing Market Forecast with Real Estate Prices for 2028
January 2028 992548 927040 1058056
February 2028 998475 903620 1093330
March 2028 1004438 953212 1055664
April 2028 1010436 940716 1080156
May 2028 1013648 919379 1107918
June 2028 1012384 912158 1112610
July 2028 1013109 946244 1079975
August 2028 1019160 941703 1096616
September 2028 1025246 972958 1077533
October 2028 1031368 966392 1096345
November 2028 1036509 971209 1101810
December 2028 1041850 976214 1107487
Essex Housing Market Forecast with Real Estate Prices for 2029
January 2029 1045914 971654 1120174
February 2029 1050867 976255 1125478
March 2029 1054902 982114 1127690
April 2029 1058326 980010 1136642
May 2029 1059936 955003 1164870
June 2029 1066266 970302 1162230
July 2029 1068562 965980 1171144
August 2029 1071302 995239 1147364
September 2029 1074266 1017330 1131202
October 2029 1076831 970225 1183438
November 2029 1079149 979867 1178431
December 2029 1081921 991040 1172802
Essex Housing Market Forecast with Real Estate Prices for 2030
January 2030 1088382 1028521 1148243
February 2030 1094882 1006196 1183567
March 2030 1101420 1003394 1199447
April 2030 1107998 1029330 1186666
May 2030 1114615 1052196 1177033
June 2030 1118284 1045596 1190973
July 2030 1114711 1018845 1210576
August 2030 1111148 1000033 1222263
September 2030 1108682 1002248 1215115
October 2030 1110434 1043808 1177060
November 2030 1117066 1054510 1179621
December 2030 1123737 1014734 1232739
Essex Housing Market Forecast with Real Estate Prices for 2031
January 2031 1130447 1055838 1205057
February 2031 1137198 1079201 1195195
March 2031 1143990 1033023 1254957
April 2031 1150821 1042644 1258998
May 2031 1157694 1054659 1260729
June 2031 1159734 1043761 1275708
July 2031 1156028 1041581 1270475
August 2031 1152334 1050928 1253739
September 2031 1148651 1065948 1231354
October 2031 1147456 1067134 1227778
November 2031 1143789 1086600 1200979
December 2031 1140261 1034217 1246305
Essex Housing Market Forecast with Real Estate Prices for 2032
January 2032 1142080 1079266 1204895
February 2032 1148901 1075371 1222430
March 2032 1155762 1064456 1247067
April 2032 1162664 1096392 1228935
May 2032 1169607 1052646 1286568
June 2032 1176592 1107173 1246011
July 2032 1183618 1067624 1299613

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.