01907 — Essex County, Massachusetts Market Snapshot

Housing market data for zip code 01907 in Essex County, Massachusetts. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

21 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$857,000

Closed sales

Days to Sell

22

Median, listing to close

Homes Sold

21

Closed in 2026

Inventory

13

Sale-to-List

101.9%

New Listings

32

Price/SqFt

$440

Pending Sales

29

Conforming Loan Available

The median home in 01907 at $857,000 falls within the 2026 conforming loan limit of $962,550, but buyers putting less than 5% down may need jumbo financing. This makes down payment strategy especially important in this market.

Market Insights

Market Temperature

Homes in 01907 are moving quickly at 22 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.

Sale-to-List Ratio

Homes are selling very close to asking price in 01907 (101.9% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.

Conforming Loan Feasibility

The median home in 01907 at $857,000 falls within the 2026 conforming loan limit of $962,550, but buyers putting less than 5% down may need jumbo financing. This makes down payment strategy especially important in this market.

Loan limits in 01907 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 01907

To purchase the median home at $857,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $6,716.

Monthly Payment

$6,716

Income Required

$287,831

Principal & Interest

$5,281/mo

Down Payment (5%)

$42,850

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 01907.

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Estimated Monthly Payment

$5,454

Principal & Interest$4,447
Property Tax$857
Insurance$150
Loan Amount$685,600
Total Interest$915,244
Income Required$233,734/yr

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