Threshold US · Massachusetts land

New-build home prices in 03865

Essex County, MA · 50 recorded sales 2021-2024 · MassGIS L3

Recorded home sales in ZIP 03865 (Essex County) run a median of $235 per square foot, the ground pricing a new-build has to work against. The middle half of sales sit between $211 and $262/sq ft.

$235
median $/sq ft (2021-2024)
$406,250
median sale price
1,683
median home size (sq ft)
50
qualified sales analyzed

What new homes sell for in 03865

At the local median of $235/sq ft, a new home would price roughly:

1,500 sq ft$352,500
2,000 sq ft$470,000
2,500 sq ft$587,500
3,000 sq ft$705,000

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
Condominium50$2351,683 sf$406,250

Recent sales in 03865

TypeSq ftSale price$/sq ftYr builtSold
Condominium1,866$525,000$28119876/2024
Condominium1,692$500,000$29619958/2024
Condominium1,526$480,000$31519883/2024
Condominium1,968$440,000$22419876/2024
Condominium1,621$400,000$24719922/2024
Condominium1,538$510,000$332200011/2023
Condominium1,656$500,000$302199910/2023
Condominium2,083$485,000$23319877/2023
Condominium1,673$475,000$28419919/2023
Condominium1,526$450,000$29519885/2023
Condominium1,548$441,000$28519945/2023
Condominium1,914$412,000$21519874/2023
Condominium1,656$405,000$245199412/2023
Condominium2,033$390,000$19219951/2023
Condominium1,392$324,500$23319871/2023

Appraising a site in 03865?

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.

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Questions about 03865 home prices

What is the price per square foot in 03865?
Recent recorded home sales in ZIP 03865 (Essex County, MA) run a median of $235 per square foot, with the middle half between $211 and $262, from 50 qualified sales in 2021-2024.
What does a home sell for in 03865?
The typical recorded sale in 03865 is a 1,683 sq ft home at $406,250. A new 1,683 sq ft home at the local $235/sq ft would price around $395,505.
Where does this 03865 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: 01830 · 01860 · 01832 · 01835 · 01913 · 01985 · 01834 · 01844
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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.