Is Methuen, MA 01844 a buyer’s or seller’s market?

The Methuen housing market right now

In the three months ending August 31, 2026, 53% of homes in Methuen, MA 01844 sold above their list price, the typical home went under contract in 21 days and there were 1.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 155 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 59%, homes sold more slowly (19 days then) and the median sale price fell 6% to $591,744. Overall, Methuen is less competitive than a year ago, which gives buyers more room.

Within Essex County, homes here sell faster than in 61% of the county’s ZIP codes, and sell more often over asking than in 51%. On our competition score, Methuen ranks #107 of 362 MA ZIP codes with enough sales (score 88 out of 100).

Nearby, buyers who want less competition could look at Nahant 01908 (0% sold over asking) or Lynn 01901 (0% sold over asking), while Groveland 01834 (74% sold over asking) and Wenham 01984 (71% sold over asking) are even more competitive.