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$1,015,000
Median Sale Price
10.4% MoM
10.7% YoY
5/202411
Homes Sold
8.3% MoM
45.0% YoY
5/20241.7
Months Inventory
48.1% MoM
YoY
5/202413
Days on Market
15 MoM
3 YoY
5/202419
Listings
26.7% MoM
26.7% YoY
5/2024102.1%
Sale Price to List Price
3.8% MoM
1.6% YoY
5/2024
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.