01945 — Essex County, Massachusetts Market Snapshot
Housing market data for zip code 01945 in Essex County, Massachusetts. Updated monthly with median prices, days on market, and more.
Market Sales Data
41 sales in 2026 (year to date)
Median Sale Price
$900,000
Days to Sell
21
Homes Sold
41
Inventory
50
Sale-to-List
102.8%
New Listings
103
Price/SqFt
$514
Pending Sales
75
Conforming Loan Available
The median home in 01945 at $900,000 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 01945 are moving quickly at 21 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.
Sale-to-List Ratio
Homes in 01945 are selling 2.8% above asking price on average, signaling strong competition. Buyers should budget above list price.
Conforming Loan Feasibility
The median home in 01945 at $900,000 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 01945 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 01945
To purchase the median home at $900,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $7,046.
Monthly Payment
$7,046
Income Required
$301,950
Principal & Interest
$5,546/mo
Down Payment (5%)
$45,000
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 01945.
Estimated Monthly Payment
$5,720
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