#202511517, Casey King, Listing Office: Julie & Co Realty, LLC
Essex County Housing Market Report January 2025•Essex County, New York
Housing Prices in Essex County, NY
How much do homes in Essex County, NY cost?
Housing Market Conditions
Is Essex County, NY a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Essex County is a Buyer's Market
Difference Since January 2024
At the same time last year, Essex County was a Neutral Market.
Essex County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Essex County have sold for 15.1% more than they did a year ago.
Summary: The median home sold price in Essex County was $213,000 in January 2025, up 15.1% from last year, and the median price per square foot was $151.
Median Sold Price By City
City | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
Essex County | $185K | $213K | +15.1% |
Warren County | $282.6K | $304.8K | +7.9% |
Median Sold Price By Bedrooms
Beds | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $287.5K | $138.5K | -51.8% |
22 Bedrooms | $159.9K | $204.5K | +27.9% |
33 Bedrooms | $212K | $205K | -3.3% |
44 Bedrooms | $232.3K | $215.7K | -7.1% |
55+ Bedrooms | $225K | $267K | +18.7% |
Summary: Essex County housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -51.8%. The home price for 2 bedroom homes increased by +27.9%. The home price for 3 bedroom homes decreased by -3.3%. The home price for 4 bedroom homes decreased by -7.1%. The home price for 5 bedroom homes increased by +18.7%.
Housing supply in Essex County, NY
How many homes are available in Essex County, NY?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
75Last MonthJan 2025 | ||
882 months agoDec 2024 | -14.8 % Change MoMDec – Jan |
Summary: The Essex County real estate market had 75 homes for sale in Jan 2025, a 14.8 % decrease compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
8Last MonthJan 2025 | ||
192 months agoDec 2024 | -57.9 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 4 | 4 | 0.0% |
22 Bedrooms | 13 | 11 | -15.4% |
33 Bedrooms | 32 | 24 | -25.0% |
44 Bedrooms | 27 | 25 | -7.4% |
55+ Bedrooms | 12 | 11 | -8.3% |
Summary: Essex County housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -15.4%. The inventory for 3 bedroom homes decreased by -25.0%. The inventory for 4 bedroom homes decreased by -7.4%. The inventory for 5 bedroom homes decreased by -8.3%.
Asking Price vs. Sold Price
How much do homes in Essex County, NY cost?
Over Asking Price0 Home
At Asking Price1 Home
Under Asking Price7 Homes
If you're buying a home in Essex County, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Essex County in January 2025, down by 57.9% month-over-month. Of the 8 sold homes, 88% were sold under asking, 13% were sold at asking, and and 0% were sold over asking.
Days on Market for Essex County, NY
How long does it take to sell a home in Essex County, NY?
Breakdown of Home Sale Times
Under 30 Days3 Homes
30 – 90 Days4 Homes
Over 90 Days1 Home
Avg time on Rocket Homes in Essex County has remained consistent over time.
Summary: During January 2025, 8 homes were sold in Essex County; 38% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
43 DaysThis YearJan 2025 | ||
85 Days1 year agoJan 2024 | -48.9 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Essex County had an average listing age of 43 days in Jan 2025, down by 48.9% compared to the previous year.
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Newest Listings in Essex County, NY
What homes are available in Essex County, NY?
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MLS Disclaimers and Copyright
Based on information from Global MLS, and New York State Alliance of MLS for the period 02/01/2023 - 02/01/2025
Copyright © 2025 Global Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 2/6/2025, 7:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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© 2025 CNYIS, UNYREIS, WNYREIS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 2/6/2025, 7:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.