What the Pros Know
Market Snapshot
Zip Code 1940 | Essex County, MA
13,072
Population
YoY
202241.2
Median Age
YoY
2022$157,955
Median Household Income
YoY
2022$1,200,000
Median Sale Price
5.0% MoM
19.9% YoY
7/202436
Homes Sold
38.5% MoM
56.5% YoY
7/20240.4
Months Inventory
17.5% MoM
48.9% YoY
7/202416
Days on Market
50 MoM
300 YoY
7/202416
Listings
23.1% MoM
20.0% YoY
7/2024102.7%
Sale Price to List Price
2.0% MoM
2.9% YoY
7/2024
See 1940 on Zillow
1. Population Data from U.S. Census Bureau.
2. Sales Data provided by Redfin, a national real estate brokerage.
MoM = Month over Month. The percentage change from the previous month to the current month.
YoY = Year over Year. The percentage change from the same period the previous year to the current period.