14 hours on Rocket
$10,000 Closing Credit¹
#24053914, Kyle Hinding, Listing Office: Coldwell Banker Realty
Essex Housing Market Report February 2025•Middlesex County, Connecticut
Housing Prices in Essex, CT
How much do homes in Essex, CT cost?
Housing Market Conditions
Is Essex, CT a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Essex is a Buyer's Market
Difference Since February 2024
At the same time last year, Essex was a Seller's Market.
Insight
Essex is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$667,500$314/SqFt
+$137,500
+25.9%
Based on all homes sold in the last 12 months
Insight
Homes in Essex have sold for 25.9% more than they did a year ago.
Summary: The median home sold price in Essex was $667,500 in February 2025, up 25.9% from last year, and the median price per square foot was $314.
Median Sold Price By Cities
| City | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| Deep River | $323K | $437K | +35.3% |
| Essex | $530K | $667.5K | +25.9% |
| Old Saybrook | $593.7K | $685K | +15.4% |
| Ivoryton | $415K | $475K | +14.5% |
Median Sold Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $338K | - | N/A |
| 22 Bedrooms | $354K | $390K | +10.2% |
| 33 Bedrooms | $575K | $578.5K | +0.6% |
| 44 Bedrooms | $762.5K | $852.5K | +11.8% |
| 55+ Bedrooms | $1.4M | $1.0M | -29.2% |
Summary: Essex housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +10.2%. The home price for 3 bedroom homes increased by +0.6%. The home price for 4 bedroom homes increased by +11.8%. The home price for 5 bedroom homes decreased by -29.2%.
How does Essex, CT compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Essex, CT
Housing supply in Essex, CT
How many homes are available in Essex, CT?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 19Last MonthFeb 2025 | ||
| 222 months agoJan 2025 | -13.6 % Change MoMJan – Feb |
Summary: The Essex real estate market had 19 homes for sale in Feb 2025, a 13.6 % decrease compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 2Last MonthFeb 2025 | ||
| 92 months agoJan 2025 | -77.8 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 0 | -100.0% |
| 22 Bedrooms | 4 | 3 | -25.0% |
| 33 Bedrooms | 6 | 5 | -16.7% |
| 44 Bedrooms | 8 | 7 | -12.5% |
| 55+ Bedrooms | 3 | 4 | +33.3% |
Summary: Essex housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -100.0%. The inventory for 2 bedroom homes decreased by -25.0%. The inventory for 3 bedroom homes decreased by -16.7%. The inventory for 4 bedroom homes decreased by -12.5%. The inventory for 5 bedroom homes increased by +33.3%.
Asking Price vs. Sold Price
How much do homes in Essex, CT cost?
Over Asking Price0 Home
At Asking Price1 Home
Under Asking Price1 Home
Insight
If you're buying a home in Essex, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Essex in February 2025, down by 77.8% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and and 0% were sold over asking.
Days on Market for Essex, CT
We’re sorry, we don't have information for this market at the moment.
Home sale times aren’t available for this area.
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Newest Listings in Essex, CT
What homes are available in Essex, CT?
5 days on Rocket
$5,047 Closing Credit¹
#24078107, Craig Milton, Listing Office: REMAX Valley Shore
7 days on Rocket
$4,038 Closing Credit¹
#24078377, Patrick Kilty, Listing Office: William Raveis Real Estate
$6,234 Closing Credit¹
#24075407, Peg Mitchel, Listing Office: Coldwell Banker Realty
$7,718 Closing Credit¹
#24076553, Craig Milton, Listing Office: REMAX Valley Shore
$10,000 Closing Credit¹
#24077353, Bob Yostos, Listing Office: Coldwell Banker Realty
Backup offers
$7,707 Closing Credit¹
#24074732, Rose Ciardiello, Listing Office: William Raveis Real Estate
$10,000 Closing Credit¹
#24075714, Susan Malan, Listing Office: William Pitt Sotheby's Int'l
$10,000 Closing Credit¹
#24073723, Jennifer Caulfield, Listing Office: William Pitt Sotheby's Int'l
$8,193 Closing Credit¹
#24070056, Janise Gabco, Listing Office: Our Home Realty Advisors
$5,284 Closing Credit¹
#24066381, Jorge Zea, Listing Office: Blue Lighthouse Realty, Inc
$10,000 Closing Credit¹
#24064441, Kyle Hinding, Listing Office: Coldwell Banker Realty
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MLS Disclaimers and Copyright
Based on information from SmartMLS, for the period 03/01/2023 - 03/01/2025
Copyright © 2025 Smart MLS. The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/12/2025, 7:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.