New-build home prices in 03874
Recorded home sales in ZIP 03874 (Essex County) run a median of $299 per square foot, the ground pricing a new-build has to work against. The middle half of sales sit between $251 and $342/sq ft.
What new homes sell for in 03874
At the local median of $299/sq ft, a new home would price roughly:
| 1,500 sq ft | $448,500 |
| 2,000 sq ft | $598,000 |
| 2,500 sq ft | $747,500 |
| 3,000 sq ft | $897,000 |
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 | 66 | $294 | 1,865 sf | $550,000 |
| Multi-family | 5 | $299 | 2,160 sf | $505,000 |
Recent sales in 03874
| Type | Sq ft | Sale price | $/sq ft | Yr built | Sold |
|---|---|---|---|---|---|
| Single-family | 4,998 | $1,069,000 | $214 | 2013 | 5/2025 |
| Single-family | 2,930 | $837,500 | $286 | 1989 | 4/2025 |
| Single-family | 2,128 | $807,500 | $380 | 2002 | 6/2025 |
| Single-family | 1,816 | $750,000 | $413 | 1983 | 8/2025 |
| Multi-family | 2,340 | $740,000 | $316 | 1967 | 9/2025 |
| Single-family | 1,344 | $500,000 | $372 | 1910 | 12/2025 |
| Single-family | 1,507 | $450,000 | $299 | 1979 | 2/2025 |
| Single-family | 2,820 | $1,072,000 | $380 | 2004 | 10/2024 |
| Single-family | 2,847 | $995,000 | $350 | 2024 | 8/2024 |
| Single-family | 2,192 | $879,000 | $401 | 2024 | 10/2024 |
| Single-family | 2,856 | $875,000 | $306 | 2020 | 5/2024 |
| Single-family | 2,768 | $837,777 | $303 | 2023 | 2/2024 |
| Single-family | 2,649 | $825,000 | $311 | 1994 | 9/2024 |
| Single-family | 2,861 | $810,000 | $283 | 2003 | 8/2024 |
| Single-family | 1,850 | $805,000 | $435 | 1995 | 7/2024 |
Appraising a site in 03874?
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 03874 home prices
- What is the price per square foot in 03874?
- Recent recorded home sales in ZIP 03874 (Essex County, MA) run a median of $299 per square foot, with the middle half between $251 and $342, from 71 qualified sales in 2021-2025.
- What does a home sell for in 03874?
- The typical recorded sale in 03874 is a 1,872 sq ft home at $549,900. A new 1,872 sq ft home at the local $299/sq ft would price around $559,728.
- Where does this 03874 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 · 01950 · 01913 · 01951 · 01985 · 01860 · 01922 · 01969
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.