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Essex County, Massachusetts Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
61
Sold (12M)
74
Median Price
$498K
Market Condition
Strong Buyer's Market

Essex County, Massachusetts Market Meter

Buyer'sSeller's
Strong Buyer's Market

14.1 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$498K
Avg Price/Acre
$445K
Avg Days on Market
172
Months of Supply
14.1
YoY Price Change
+68.2%
New Listings (3M)
31

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres382142
1-2 acres-2510
2-5 acres-248
5-10 acres--26
10-20 acres1114
20-50 acres--13
50-100 acres----
100+ acres----
TOTAL4133473
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold
For Sale
0-1 acres42 sold / 21 listed
1-2 acres10 sold / 13 listed
2-5 acres8 sold / 15 listed
5-10 acres6 sold / 4 listed
10-20 acres4 sold / 3 listed
20-50 acres3 sold / 5 listed

Median Price by Acreage

$0$625K$1.3M
0- 1
1- 2
2- 5
5- 10
10- 20
20- 50

Acreage buckets

Key Market Indicators

Total Sales Volume
$43.6M
Last 12 months
Active Listings
61
Current inventory
Avg Days on Market
172
Time to sell
Price Trend (YoY)
+68.2%
Year over year

Essex County, Massachusetts Land Market Analysis

How much is land worth in Essex County, Massachusetts?

The median price for land in Essex County, Massachusetts is currently $445K per acre. For a typical parcel, the median sale price is $498K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $102K while premium lots reached $1.2M.

Is now a good time to buy land in Essex County, Massachusetts?

Essex County, Massachusetts is currently a strong buyer's market with 14.1 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 68.2% year-over-year.

What is the months of supply for land in Essex County, Massachusetts?

Essex County, Massachusetts currently has 14.1 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.

What is the absorption rate for land in Essex County, Massachusetts?

The 3-month absorption rate in Essex County, Massachusetts is 7.1%. The 12-month rate is 10.1%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

What is the median land price in Essex County, Massachusetts?

The median land price in Essex County, Massachusetts stands at $498K. This translates to roughly $445K per acre for the typical parcel size. The average price is $589K, indicating some higher-priced properties pulling up the average.

What is the average price per acre in Essex County, Massachusetts?

Land in Essex County, Massachusetts averages $984K per acre. The median price per acre is $445K, which may be more representative of typical transactions. Most parcels sold are around 34,198 sq ft.

What is the total land for sale in Essex County, Massachusetts?

There are currently 61 active listings in Essex County, Massachusetts. 31 new listings have hit the market in the last 90 days. The median asking price is $525K.

Data Sources & Accuracy

Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.

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