Essex, MD Home Values & Market Trends
Real estate market trends reflect that there have been 504 transactions over the past year in Essex. The median value for residential home transactions that occurred over the previous year is $300,426. The number of current listings in Essex is 610, and the percentage of properties for sale in the city is 610.00%. Essex, MD currently has 32 properties in foreclosure, 10 bank owned properties, 7 properties headed for auction, and 610 properties for sale.
Essex, MD Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 21221 | $ 300,426 $ 201/sqft |
Housing Market Summary for Essex, MD
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $308.4K | $319.9K | 3.71% |
| Median Sold Price | $275.9K | $248.7K | -9.86% |
| Homes For Sale | 204 | 577 | 182.84% |
| Homes Sold | 98 | 159 | 62.24% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Essex, MD
Browse Homes in Essex, MD
Essex home values range from $60,117 to $2,295,000. The median estimated value of a home in Essex is $300,426. The median list price of a home is 319,450, and the total count of properties in the city is 837.
- Pre-ForeclosurePre-foreclosure homes account for 1.79% of all residential properties in Essex, MD with 21221 containing 16 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Essex, MD; of that zips, the estimated home value for pre-foreclosure homes ranges from $475,744 in 21221 to the lowest home value of $117,274 in 21221.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Essex, MD ranges from the highest value of $446,024 in 21221 to the lowest value of $145,558 in 21221. Bank owned homes and properties account for 1.19% of properties in Essex, MD. There is 1 zips within Essex, MD; 21221 containing 10 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions21221 has 7 auction properties, the highest number of properties going to auction in a single zip in the state of Essex, MD. Auction homes and other auction properties account for 0.84% of all properties in Essex, MD. There is 1 zips within Essex, MD; of that zips, the median estimated home value for homes going to auction ranges from $450,000 in 21221 to the lowest value of $184,769 in 21221.
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Guide for Essex, MD
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
