New-build home prices in 01938
Recorded home sales in ZIP 01938 (Essex County) run a median of $371 per square foot, the ground pricing a new-build has to work against. The middle half of sales sit between $310 and $448/sq ft.
What new homes sell for in 01938
At the local median of $371/sq ft, a new home would price roughly:
| 1,500 sq ft | $556,500 |
| 2,000 sq ft | $742,000 |
| 2,500 sq ft | $927,500 |
| 3,000 sq ft | $1,113,000 |
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 | 311 | $388 | 1,864 sf | $705,000 |
| Condominium | 244 | $364 | 1,533 sf | $527,500 |
| Multi-family | 20 | $266 | 2,641 sf | $652,500 |
Recent sales in 01938
| Type | Sq ft | Sale price | $/sq ft | Yr built | Sold |
|---|---|---|---|---|---|
| Single-family | 3,192 | $2,424,000 | $759 | 2018 | 2/2025 |
| Single-family | 10,571 | $2,137,500 | $202 | 1996 | 1/2025 |
| Single-family | 4,034 | $1,310,000 | $325 | 1989 | 1/2025 |
| Single-family | 1,544 | $1,158,000 | $750 | 1850 | 1/2025 |
| Single-family | 2,008 | $999,500 | $498 | 2025 | 2/2025 |
| Single-family | 2,172 | $795,000 | $366 | 1970 | 1/2025 |
| Multi-family | 2,942 | $710,000 | $241 | 1687 | 1/2025 |
| Multi-family | 2,284 | $705,000 | $309 | 1872 | 1/2025 |
| Single-family | 1,973 | $375,000 | $190 | 1950 | 2/2025 |
| Condominium | 732 | $365,000 | $499 | 1984 | 2/2025 |
| Condominium | 653 | $330,000 | $505 | 1900 | 1/2025 |
| Condominium | 5,423 | $2,945,006 | $543 | 2024 | 5/2024 |
| Single-family | 2,894 | $2,700,000 | $933 | 1935 | 12/2024 |
| Single-family | 2,166 | $2,210,000 | $1,020 | 2016 | 10/2024 |
| Condominium | 3,645 | $1,750,000 | $480 | 2015 | 7/2024 |
Appraising a site in 01938?
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 01938 home prices
- What is the price per square foot in 01938?
- Recent recorded home sales in ZIP 01938 (Essex County, MA) run a median of $371 per square foot, with the middle half between $310 and $448, from 575 qualified sales in 2021-2025.
- What does a home sell for in 01938?
- The typical recorded sale in 01938 is a 1,733 sq ft home at $649,000. A new 1,733 sq ft home at the local $371/sq ft would price around $642,943.
- Where does this 01938 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: 01969 · 01982 · 01929 · 01951 · 01983 · 01922 · 01984 · 01833
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.