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Essex

Essex

Located in Essex County

$1,028,675 Average Value
$407 Average Price per Sq Ft
0 Homes For Sale

Shipbuilding community with a historic heart

Essex started as a shipbuilding community and still holds on to its historic coastal feel. Of all the quaint Cape Ann towns, it is probably the sleepiest and most true to its original roots. "Homes in Essex have really good value and are part of a great school system," says Holly Fabyan, a local Realtor and Vice President with J Barrett & Company. "But there's not a lot of build-ups, and the locals don't necessarily want there to be — they want Essex to retain its authentic feel."

Essex is a community with skiing in the winter, boating in the summer and estuaries all year.
Essex is a community with skiing in the winter, boating in the summer and estuaries all year.
The local marina building in Essex is great for boat lovers.
The local marina building in Essex is great for boat lovers.
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Seafood spots and antique shops

Essex is known across the region for its seafood offerings, thanks to the high-quality clam beds in its estuary. The most iconic spot is Woodman's of Essex, the inventor of the fried clam and a town staple since 1914. Summer crowds line up to get a taste of the fried clams and lobster rolls, and kids eat free during the slower winter and fall months. There are plenty of other places to snag some fresh New England seafood, and the town has also recently made a name for itself as an antique store destination. But beyond the seasonal John's Farmstand, residents have to head 15 minutes over to Gloucester for grocery options.

Boathouse Grille restaurant specializing in classic American seafood in Essex,
Boathouse Grille restaurant specializing in classic American seafood in Essex,
Andrew Spindler Antiques & Design offers an eclectic mix of fine period furniture.
Andrew Spindler Antiques & Design offers an eclectic mix of fine period furniture.
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A maritime influence still alive today

While walking around in Essex feels like a trip into history in its own right, The Essex Historical Society and Shipbuilding Museum offers a deeper look into the town's rich past. The Society is more than just a museum; it offers holiday events and social clubs for the community. And locals look forward to Essex River Day, which began as a tradition for anyone with a boat to offer boat-less neighbors a free trip around the waterways. Today, it's a day-long celebration with live music and a bonfire. Another beloved celebration is the annual Essex Clamfest, best known for its main event: the clam chowder competition.

Spend some time learning about Essex history at the maritime museum.
Spend some time learning about Essex history at the maritime museum.
Pull your boat right up tot he town pier to grab soem fresh seafood lunch in Essex.
Pull your boat right up tot he town pier to grab soem fresh seafood lunch in Essex.
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Getting outside in Essex

Essex residents enjoy being surrounded by natural land and beautiful waterways. "That's how the here kids grow up; everyone is outdoorsy," says Karen Bernier, the broker/owner of Churchill Properties and an Essex resident. "In the winter, there is cross-country skiing on the local greenbelt, and locals spend their free time on the river in the warmer months." Folks can launch their boats from one of the area marinas, including Pike Marine, a third-generation family-owned business. However, not all activities on and near the water are recreational, as Essex is still a vibrant fishing and clam-digging community.

Cox Reservation is the perfect location for nature lovers.
Cox Reservation is the perfect location for nature lovers.
Cox Reservation offers guests access to picturesque hiking trails.
Cox Reservation offers guests access to picturesque hiking trails.
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A merged school district with Manchester-by-the-Sea

The demand for homes in Essex increased in the early 2000s when the school district merged with Manchester-by-the-Sea. "The market took off when we regionalized, and families pulled their children out of private schools and enrolled them in the Manchester Essex Regional School District," Bernier says. Younger kids attend the local Essex Elementary School, which gets a B-plus grade from Niche. Then, the kids head over to Manchester Essex Regional Middle School, rated A-minus, and the Regional High School, rated A. "The high school offers many AP classes since we regionalized," Bernier says. "That's been a big draw for people."

Manchester Essex Regional is the public middle and high school for Manchester and Essex.
Manchester Essex Regional is the public middle and high school for Manchester and Essex.
Essex Elementary School fosters an inclusive, welcoming learning community.
Essex Elementary School fosters an inclusive, welcoming learning community.
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Small-town homes or sprawling estuary estates

Closer to the heart of town, homes tend to be smaller and older, with colonial styles dating as far back as 1830. Lot sizes get larger further out of town, and many homes have around a quarter or half-acre lot. Prices start around $600,000 for smaller three-bedroom homes and quickly move up to $800,000 to $1 million for most homes. Properties with waterside views or sprawling 3,000 sq. ft. floor plans get up to $2 million. Some homes, primarily those further out towards the Bay, are used as summer homes.

Closer to the heart of town, homes tend to be smaller and older in Essex.
Closer to the heart of town, homes tend to be smaller and older in Essex.
Essex sits at the entrance to a lush estuary leading out into the bay, and the water here
Essex sits at the entrance to a lush estuary leading out into the bay, and the water here
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Higher flood risk closer to the water

Prospective homebuyers should check the FEMA flood maps before purchasing, as many homes in Essex are under a Special Flood Hazard Area (SFHA). With a 1% annual chance of flooding, homes in an SFHA with federally backed mortgages usually require flood insurance.

Longer city commutes

One of the reasons Essex maintains its quieter pace of life is because it's not along the Commuter Rail like the other Cape Ann towns. While this helps preserve the lifestyle here, commuters living in Essex will have a longer trip into Boston if they want to connect with public transportation. When driving, the 30-mile trip ranges from 45 minutes to just over an hour. For closer cities that offer major hospitals and bigger stores, Gloucester is 7 miles away, and Beverly is 10.

Catherine Lashley
Written By
Catherine Lashley
Eli McGowan
Video By
Eli McGowan

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Essex Housing Trends

Housing Trends

Median List Price
$1,700,000
Median Sale Price
$1,540,000
Median Single Family Sale Price
$1,540,000
Median Change From 1st List Price
9%
Last 12 months Home Sales
11
Median Home Sale Price YoY Change
-32%
Average Price Per Sq Ft
$407

Neighborhood Facts

Number of Homes in Neighborhood
1,083
Number of Homes for Sale
0
Median Year Built
1955
Months of Supply
0.00
Average Single Family Home Size Sq Ft
2,170
Above the national average
1,924
Average Townhouse Size Sq Ft
2,560
Average 2 Bedroom Size Sq Ft
1,229
Average 1 Bedroom Size Sq Ft
905
Median Lot Size Sq Ft
20,473

Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Essex Has More Owners

Demographics

Total Population
3,545
Median Age
45
Population under 18
22.7%
On par with the national average
23.8%
Population over 65
21.7%
On par with the national average
19.1%

Finances

Median Household Income
$118,815
Significantly above the national average
$71,702
Average Household Income
$145,675

Education and Workforce

High School Graduates
95.7%
College Graduates
63.4%
Significantly above the national average
34.1%
Advanced Degrees
27.7%
Above the national average
13.3%
% Population in Labor Force
77.2%

Weather

Annual Precipitation
48''
Average Winter Low Temperature
17°F
Average Summer High Temperature
80°F
Annual Snowfall
26''

Area Factors

Somewhat Bikeable

Bike Score®®

36 / 100

Car-Dependent

Walk Score®®

31 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Essex