Is Saugus, MA 01906 a buyer’s or seller’s market?
Saugus is a seller’s market. With about 1.8 months of supply and 51% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 92% of U.S. ZIP codes, and #118 of 362 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Saugus housing market right now
In the three months ending August 31, 2026, 51% of homes in Saugus, MA 01906 sold above their list price, the typical home went under contract in 22 days and there were 1.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 84 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 62%, homes sold more slowly (19 days then) and the median sale price fell 4% to $699,697. Overall, Saugus is less competitive than a year ago, which gives buyers more room.
Within Essex County, homes here sell more slowly than in 71% of the county’s ZIP codes, and sell less often over asking than in 59%. On our competition score, Saugus ranks #118 of 362 MA ZIP codes with enough sales (score 87 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.
Run the numbers for 01906
Nearby markets
Amesbury 01913Seller’s market $385 /sq ftAndover 01810Seller’s market $412 /sq ftBeverly 01915Seller’s market $475 /sq ftBoxford 01921Seller’s market $357 /sq ft Browse all markets →Towns like Saugus nearby
Find towns like Saugus in other states →Where Saugus is
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Questions about Saugus real estate
Is Saugus a buyer’s or seller’s market?
A seller’s market: there were 1.8 months of supply in Saugus, MA 01906 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Saugus?
The typical home went under contract in 22 days in the latest three months.
Do homes in Saugus sell over asking?
51% of homes sold above their original list price, and the typical sale closed at 102.0% of the list price.
What are property taxes in Saugus?
About 1.04% of a home’s value a year in Essex County, or roughly $4,160 on a $400,000 home.
What is the median home price in Saugus?
The median sale price was $699,697 in the three months ending August 31, 2026, about $393 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology