Threshold US · Massachusetts land

New-build home prices in 01950

Essex County, MA · 1,386 recorded sales 2021-2026 · MassGIS L3

Recorded home sales in ZIP 01950 (Essex County) run a median of $498 per square foot, the ground pricing a new-build has to work against. The middle half of sales sit between $395 and $599/sq ft.

$498
median $/sq ft (2021-2026)
$750,000
median sale price
1,557
median home size (sq ft)
1,386
qualified sales analyzed

What new homes sell for in 01950

At the local median of $498/sq ft, a new home would price roughly:

1,500 sq ft$747,000
2,000 sq ft$996,000
2,500 sq ft$1,245,000
3,000 sq ft$1,494,000

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 typeSalesMedian $/sq ftMedian sizeMedian price
Condominium684$4981,173 sf$600,000
Single-family659$5042,050 sf$935,000
Multi-family43$3602,685 sf$950,000

Recent sales in 01950

TypeSq ftSale price$/sq ftYr builtSold
Condominium1,503$475,000$31620081/2026
Single-family4,883$4,150,000$85020247/2025
Single-family11,267$2,820,000$25020013/2025
Single-family4,622$2,792,500$60418668/2025
Single-family5,030$2,695,000$536200712/2025
Single-family3,839$2,675,000$69720136/2025
Single-family2,270$2,625,000$1,15618506/2025
Condominium3,167$2,499,000$789200510/2025
Condominium2,816$2,375,000$84320213/2025
Single-family2,930$2,355,000$80418509/2025
Single-family2,848$2,350,000$82520145/2025
Multi-family4,329$2,325,000$53718848/2025
Single-family3,384$2,275,000$67219963/2025
Single-family3,518$2,250,000$64019417/2025
Multi-family7,244$2,200,000$304180410/2025

Appraising a site in 01950?

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 01950 home prices

What is the price per square foot in 01950?
Recent recorded home sales in ZIP 01950 (Essex County, MA) run a median of $498 per square foot, with the middle half between $395 and $599, from 1,386 qualified sales in 2021-2026.
What does a home sell for in 01950?
The typical recorded sale in 01950 is a 1,557 sq ft home at $750,000. A new 1,557 sq ft home at the local $498/sq ft would price around $775,386.
Where does this 01950 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: 01952 · 01951 · 01985 · 01922 · 01913 · 03874 · 01969 · 01860
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.