Foreclosure Homes in Danvers, MA 01923

Current Market Conditions in Danvers, MA

The real estate market in Danvers is currently experiencing a steady demand, with home prices showing moderate appreciation. The town's attractive location and quality schools make it a desirable area for families and first-time homebuyers, contributing to an active market.

Recent trends indicate that homes are selling faster than the previous year, with competitive bidding often occurring. The inventory remains low, leading to increased competition among buyers.

Rent Prices In Danvers, MA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Danvers, MA, is on a rollercoaster ride. The average rent price in Danvers, MA, is $2,181.00. Indeed, when looking to rent in Danvers, MA, you can expect to pay as little as $1,100.00 or as much as $3,100.00, with the average rent median estimated to be $2,240.00. The good news is that finding an affordable and desirable property to rent in Danvers, MA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.