Town of Essex
Town of Essex

Town of Essex Housing Market Report

Strong Buyer's Market

All types - for the month of March

Buyer's market Seller's market

85

Months of inventory (MOI)*

MOI in real estate tells you how long it would take to sell all the current homes on the market at the current sales pace if no new homes were listed. Typically, a MOI of 5+ months indicates a buyer’s market, where homes are selling slowly and there are more homes than available buyers.

7

Days on market (DOM)*

DOM refers to Average Days on Market, which represents how long on average listings remain on the market before selling. DOM excludes listings that are pulled from the market without selling. A low DOM means it sold quickly, while a high DOM could mean it's overpriced or less in demand.

Total Active Listings*

85

New

46(+2.22% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 409, in 2023: 16, in 2022: 2

Total Sold Listings*

1

Median Sold Price

$600,000

Avg Days on Market

7 days

Median Bidding

$200

Compared to number of sold, same period, in 2024: 3, in 2023: 0, in 2022: 0

*Data is for the month of March

Median Sold Price vs Average Days and Average Total Days on Market - Town of Essex - All types

Sold vs Active vs New vs Relisted - Town of Essex - All types

Sold Price Distribution - Town of Essex - All types

Sold price distribution per the last 3 months's sold listings.

Property Type Distribution - Town of Essex - All types

Property type distribution based on data from the last 3 months.

Median Price - Town of Essex - All types

Just sold - Town of Essex

View all

Population and Demographics

Overview

Total population 19681
Average household income $121,952

Age (%)

50 to 64
24%
65 and plus
22%
0 to 19
21%
35 to 49
17%
20 to 34
16%

Household composition (%)

Single family
70%
Single person
27%
Multi person
2%
Multi family
0%

Mother tongue (%)

English
93%
Others
3%
French
2%
Portuguese
1%

House tenancy (%)

Owners
85%
Renters
15%

Top 5 Schools in Town of Essex

Colchester North Public School2651 Country Rd 12, N8M 2X6, Essex, ON
8.3/10
Public•JK-8
St Mary Catholic School12096 County Rd 34 RR 2, N0R 1K0, Maidstone, ON
7.6/10
Public•JK-8
St Anthony Catholic School166 Centre St W, N0R 1G0, Harrow, ON
7/10
Public•JK-8
Holy Name Catholic School200 Fairview Ave W, N8M 1Y1, Essex, ON
6.4/10
Public•JK-8
Harrow Public School400 Centre St E, N0R 1G0, Harrow, ON
6.1/10
Public•JK-8

Transportation

Car Friendly

5/5

Excellent access to freeways and major arteries, with a vast amount of parking nearby

Pedestrian Friendly

1/5

Other transportation modes are needed to reach day-to-day needs

Transit Friendly

0/5

Few transit options

Shopping, Food and Nightlife

Cafes

0/5

Few or no cafés within walking distance

Groceries

1/5

No grocery stores within walking distance

Nightlife

0/5

Few or no bars within walking distance

Shopping

0/5

Few or no shops within walking distance

Restaurants

1/5

Few or no restaurants within walking distance