01982 — Essex County, Massachusetts Market Snapshot
Housing market data for zip code 01982 in Essex County, Massachusetts. Updated monthly with median prices, days on market, and more.
Market Sales Data
14 sales in 2026 (year to date)
Median Sale Price
$882,750
Days to Sell
18
Homes Sold
14
Inventory
16
Sale-to-List
102.3%
New Listings
29
Price/SqFt
$414
Pending Sales
23
Conforming Loan Available
The median home in 01982 at $882,750 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 01982 are moving quickly at 18 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.
Sale-to-List Ratio
Homes in 01982 are selling 2.3% above asking price on average, signaling strong competition. Buyers should budget above list price.
Conforming Loan Feasibility
The median home in 01982 at $882,750 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 01982 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 01982
To purchase the median home at $882,750 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $6,913.
Monthly Payment
$6,913
Income Required
$296,286
Principal & Interest
$5,439/mo
Down Payment (5%)
$44,138
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 01982.
Estimated Monthly Payment
$5,613
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