01960 — Essex County, Massachusetts Market Snapshot
Housing market data for zip code 01960 in Essex County, Massachusetts. Updated monthly with median prices, days on market, and more.
Market Sales Data
17 sales in 2026 (year to date)
Median Sale Price
$449,000
Days to Sell
28
Homes Sold
17
Inventory
10
Sale-to-List
102.1%
New Listings
22
Price/SqFt
$384
Pending Sales
19
Conforming Loan Available
Most homebuyers in 01960 can comfortably use conventional financing. The median home price of $449,000 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 01960 are moving quickly at 28 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.
Sale-to-List Ratio
Homes in 01960 are selling 2.1% above asking price on average, signaling strong competition. Buyers should budget above list price.
Conforming Loan Feasibility
Most homebuyers in 01960 can comfortably use conventional financing. The median home price of $449,000 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 01960 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 01960
To purchase the median home at $449,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $3,590.
Monthly Payment
$3,590
Income Required
$153,861
Principal & Interest
$2,767/mo
Down Payment (5%)
$22,450
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 01960.
Estimated Monthly Payment
$2,929
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