Housing in Essex, MD

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$270,000

Median List Price

$339,900

Price Per Sq Ft

$171

Days on Market

71

Active Inventory

61

Months of Supply

4.7

Balanced market

Zillow Home Value

$284,284

ZHVI — January 2026

Zillow Rent Index

$1,916

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 1.9%List Price 13.5%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

30.8%

Off Market in 2 Weeks

29.2%

Sale-to-List Ratio

97.8%

Buyer's market

Sold Above Asking
30.8%
Under Contract in 2 Wks
29.2%
Listings with Price Drops
32.8%

Market Activity

Source: Redfin

Homes Sold

13

New Listings

26

Pending Sales

24

Homes Sold 66.7%New Listings 35.0%Pending 47.8%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$171

Median List $/SF

$199

Sale $/SF 10.0%List $/SF 11.2%Mar 24Jan 26

Essex vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 25,000 - 50,000 residents. Essex is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$253,500

Median Rent

$1,307

Total Housing Units

17,142

Vacancy Rate

6.5%

Owner Occupied

57.6%

Renter Occupied

42.4%

Median Property Tax

$2,895

per year

Monthly Cost (w/ Mortgage)

$1,348

Housing Types

Single Family
73.9%
Multi-Family
25.4%
Mobile Home
0.8%

The current median sale price in Essex, MD is $270,000 according to Redfin data. Homes spend a median of 71 days on the market. 30.8% of homes sold above asking price. The market has 4.7 months of supply. The median price per square foot is $171. Zillow's observed rent index is $1,916/month. About 57.6% of housing units are owner-occupied. The median year homes were built is 1964. There are 17,142 total housing units.