Single Family & Condominium market trends vs. Massachusetts & Essex County (2022–2026)
Haverhill vs. Massachusetts & Essex County • 2022–2026 YTD
| Metric | 2022 | 2023 | 2024 | 2025 | 2026 | Chg |
|---|---|---|---|---|---|---|
| Avg Sale Price | $547,511 | $486,964 | $550,095 | $538,736 | $571,329 | +4% |
| Avg $/SqFt | $301 | $270 | $291 | $329 | $344 | +14% |
| DOM | 28 | 23 | 38 | 34 | 37 | +32% |
| 12-Mo Sold | 497 | 355 | 290 | 301 | 351 | -29% |
| Listed (12mo) | 517 | 409 | 320 | 352 | 413 | -20% |
| Inventory | 8 | 13 | 20 | 20 | 19 | +138% |
| Mo Supply | 0.19 | 0.44 | 0.83 | 0.80 | 0.65 | +242% |
| SP/LP % | 103.4% | 101.6% | 103.7% | 99.9% | 100.1% | — |
Haverhill vs. Massachusetts & Essex County • 2022–2026 YTD
| Metric | 2022 | 2023 | 2024 | 2025 | 2026 | Chg |
|---|---|---|---|---|---|---|
| Avg Sale Price | $368,692 | $331,858 | $344,786 | $408,730 | $396,286 | +7% |
| Avg $/SqFt | $241 | $270 | $304 | $318 | $329 | +36% |
| DOM | 23 | 25 | 40 | 37 | 46 | +100% |
| 12-Mo Sold | 360 | 270 | 234 | 236 | 304 | -16% |
| Listed (12mo) | 391 | 294 | 256 | 302 | 354 | -9% |
| Inventory | 2 | 15 | 10 | 21 | 23 | +1050% |
| Mo Supply | 0.07 | 0.67 | 0.51 | 1.07 | 0.91 | +1200% |
| SP/LP % | 102.7% | 100.8% | 100.7% | 100.9% | 102.1% | — |
Haverhill SF & Condo vs. Massachusetts & Essex County • 2026
| Metric | MA | Essex Co. | Haverhill SF | Haverhill Condo |
|---|---|---|---|---|
| Avg Sale Price | $818K | $825K | $571K | $396K |
| $/SqFt | $384 | $411 | $344 | $329 |
| DOM | 56 | 53 | 37 | 46 |
| Mo Supply | 1.09 | — | 0.65 | 0.91 |
| SP/LP % | — | — | 100.1% | 102.1% |
| vs MA Price | — | +1% | -30% | -52% |
Income requirements at standard lending criteria • 30yr @ 6.5%, 20% down, 28% DTI
| Market | Price | Down (20%) | Monthly | Income Needed | vs Local $88K | vs MA $105K |
|---|---|---|---|---|---|---|
| Massachusetts | $818K | $164K | $4,135 | $177K | -$89K | -$72K |
| Essex County | $825K | $165K | $4,172 | $179K | -$91K | -$74K |
| Haverhill SF | $571K | $114K | $2,889 | $124K | -$36K | -$19K |
| Haverhill Condo | $396K | $79K | $2,004 | $86K | Affordable ✓ | Affordable ✓ |
30yr fixed @ 6.5%, 20% down, 28% DTI. Haverhill median: $88,326 (U.S. Census Bureau QuickFacts, ACS 2020-2024). MA median: $104,800 (ACS 2020-2024). Does not include taxes, insurance, or HOA.
At $396K, Haverhill condos are within reach of the local median household income — one of the few markets in Essex County where this is true.
Single family homes require $124K income vs. $88K local median. Still 30% cheaper than MA/Essex County equivalents.
Haverhill SF at $571K vs. Newburyport at $1.14M — same county, half the price, similar commute access.
Haverhill SF down payment ($114K) is $50K less than MA avg; condo ($79K) saves $86K vs. MA.