01835 — Essex County, Massachusetts Market Snapshot

Housing market data for zip code 01835 in Essex County, Massachusetts. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

18 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$623,500

9.0% YoYClosed sales

Days to Sell

19

Median, listing to close

Homes Sold

18

Closed in 2026

Inventory

11

Sale-to-List

102.1%

New Listings

33

Price/SqFt

$334

Pending Sales

27

Conforming Loan Available

Most homebuyers in 01835 can comfortably use conventional financing. The median home price of $623,500 is well below the 2026 conforming loan limit of $962,550, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Market Insights

Market Temperature

Homes in 01835 are moving quickly at 19 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.

Sale-to-List Ratio

Homes in 01835 are selling 2.1% above asking price on average, signaling strong competition. Buyers should budget above list price.

Conforming Loan Feasibility

Most homebuyers in 01835 can comfortably use conventional financing. The median home price of $623,500 is well below the 2026 conforming loan limit of $962,550, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Loan limits in 01835 are set at the county level.

2026 Loan Limits — Essex County

Property Units Conforming Limit FHA Limit
1 Unit$962,550$962,550
2 Units$1,232,250$1,232,250
3 Units$1,489,500$1,489,500
4 Units$1,851,100$1,851,100

Affordability Snapshot — Zip 01835

To purchase the median home at $623,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $4,927.

Monthly Payment

$4,927

Income Required

$211,160

Principal & Interest

$3,842/mo

Down Payment (5%)

$31,175

Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.

Mortgage Calculator

Estimate your monthly payment for a home in 01835.

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Estimated Monthly Payment

$4,009

Principal & Interest$3,235
Property Tax$624
Insurance$150
Loan Amount$498,800
Total Interest$665,876
Income Required$171,802/yr

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