New-build home prices in 01840
Recorded home sales in ZIP 01840 (Essex County) run a median of $250 per square foot, the ground pricing a new-build has to work against. The middle half of sales sit between $200 and $310/sq ft.
What new homes sell for in 01840
At the local median of $250/sq ft, a new home would price roughly:
| 1,500 sq ft | $375,000 |
| 2,000 sq ft | $500,000 |
| 2,500 sq ft | $625,000 |
| 3,000 sq ft | $750,000 |
A gross sale price. The land bid it supports comes after build cost, contingency, fees, finance and profit — the residual the Threshold tool solves.
By home type
| Home type | Sales | Median $/sq ft | Median size | Median price |
|---|---|---|---|---|
| Single-family | 439 | $291 | 1,572 sf | $450,000 |
| Multi-family | 370 | $211 | 2,840 sf | $610,000 |
| Condominium | 127 | $239 | 1,059 sf | $285,000 |
Recent sales in 01840
| Type | Sq ft | Sale price | $/sq ft | Yr built | Sold |
|---|---|---|---|---|---|
| Single-family | 1,978 | $440,000 | $222 | 1910 | 1/2026 |
| Single-family | 1,115 | $320,000 | $287 | 1900 | 1/2026 |
| Multi-family | 2,702 | $650,000 | $241 | 1900 | 1/2025 |
| Single-family | 1,352 | $625,000 | $462 | 1900 | 9/2025 |
| Multi-family | 3,008 | $570,000 | $190 | 1900 | 3/2025 |
| Single-family | 1,488 | $560,000 | $376 | 1895 | 12/2025 |
| Multi-family | 3,304 | $500,000 | $151 | 1920 | 7/2025 |
| Single-family | 1,571 | $420,000 | $267 | 1935 | 9/2025 |
| Single-family | 2,292 | $375,000 | $164 | 1880 | 1/2025 |
| Single-family | 1,218 | $340,000 | $279 | 1900 | 3/2025 |
| Single-family | 1,208 | $315,000 | $261 | 1920 | 7/2025 |
| Single-family | 1,003 | $301,000 | $300 | 1920 | 6/2025 |
| Condominium | 1,434 | $300,000 | $209 | 2024 | 1/2025 |
| Condominium | 1,434 | $300,000 | $209 | 2024 | 1/2025 |
| Condominium | 1,434 | $300,000 | $209 | 2024 | 2/2025 |
Appraising a site in 01840?
Drop a pin and Threshold US Land turns these comparables into an achievable new-build price and the maximum land bid that still hits your margin — in under 60 seconds.
Reserve founding access →Questions about 01840 home prices
- What is the price per square foot in 01840?
- Recent recorded home sales in ZIP 01840 (Essex County, MA) run a median of $250 per square foot, with the middle half between $200 and $310, from 936 qualified sales in 2021-2026.
- What does a home sell for in 01840?
- The typical recorded sale in 01840 is a 1,883 sq ft home at $490,000. A new 1,883 sq ft home at the local $250/sq ft would price around $470,750.
- Where does this 01840 data come from?
- MassGIS Level 3 standardized assessor parcel data, compiled from all 351 Massachusetts municipalities. Qualified residential sales from 2021. Estimates for site screening, not an appraisal.
All of Essex County →
Nearby ZIPs: 01841 · 01843 · 01844 · 01810 · 01845 · 01835 · 01832 · 01921
Massachusetts land hub
Method: recorded residential sales with assessor living area (2021+) from MassGIS Level 3 standardized assessor parcel data, compiled from all 351 Massachusetts municipalities, assigned to nearest ZIP centroid. $/sq ft is sale price over heated living area. Estimates for site screening, not a USPAP appraisal. Updated July 2026.