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Marblehead, MA

Full City Profile · Massachusetts · Essex County County

3.6 /5.0
B+ Good
20,334 Population 4,642/sq mi density
$165,859 Median Income $94,232 per capita
$906,200 Home Value $1,005,541 Zillow
$1,769 Median Rent 29.2% income on rent
51°F Avg Temperature 259 sunny days/yr
107 Violent Crime/100K 554 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$165,859 median income, 1.2% unemployment
B+
Affordability
3.6 / 5.0
$906,200 home value, $1,769/mo rent
F
Safety
1.0 / 5.0
107 violent crimes/100K
A+
Education
5.0 / 5.0
76.9% bachelor's degree or higher

Housing Overview

Median Home Value
$906,200
221% above
US avg: $281,900
Median Rent
$1,769/mo
52% above
US avg: $1,163/mo
Homeownership Rate
82.8%
27% above US avg (65.4%)
Total Housing Units
8,794
Median year built: 1946

Home Value by Source

Census Median
$906,200
Zillow (ZHVI)
$1,005,541
Median Sale Price
$1,625,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

82.8%
Owner-Occupied
17.2%
Renter-Occupied
83%
17%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,727/mo
1 Bedroom
$1,822/mo
2 Bedroom
$2,300/mo
3 Bedroom
$2,858/mo
4 Bedroom
$3,232/mo
Census median rent: $1,769/mo · Zillow rent: $3,117/mo

Market Indicators (Redfin)

Median Days on Market
24 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
3
Price Drops
50.0%
of listings with price reduction
Price Per Sq Ft
$636
Active Inventory
2
homes for sale

Affordability & Housing Stock

Rent Burden
29.2%
of renters spending 30%+ of income on housing
6% below US avg (31.0%)
Median Year Built
1946
Average age of housing stock: 80 years
Homeownership Rate
82.8%

Complete Housing Data

Home Values

Census Median Value$906,200
Zillow Home Value (ZHVI)$1,005,541
Median Sale Price$1,625,000
Price Per Sq Ft$636

Rent

Census Median Rent$1,769
Zillow Rent (ZORI)$3,117
FMR Studio$1,727
FMR 1-Bedroom$1,822
FMR 2-Bedroom$2,300
FMR 3-Bedroom$2,858
FMR 4-Bedroom$3,232

Market

Days on Market24
Sale-to-List Ratio1.0%
Price Drops50.0%
Homes Sold3
Active Inventory2
Price Per Sq Ft$636

Ownership & Stock

Owner-Occupied82.8%
Renter-Occupied17.2%
Homeownership Rate82.8%
Total Housing Units8,794
Median Year Built1946
Rent Burden29.2%