Danvers, MA Foreclosures
Current Market Conditions in in Danvers, MA As of April 2026?
Over the past month, the Danvers real estate market has seen a slight uptick in home sales, indicating growing interest following the summer months. Buyers seem motivated, possibly influenced by mortgage rate fluctuations and increasing rental prices in the area. The average sale price has seen a marginal increase while inventory remains limited, keeping competition high for desirable properties. Sellers are experiencing favorable conditions, with many properties selling quickly amid high demand.
How much do homes sell for in Danvers, MA?
The average home price is currently $905,357.
In Danvers, MA, how many homes are available?
There are currently 18 active home listings available in Danvers.
What’s the average rental cost in Danvers, MA?
The average rental price in Danvers is $2,181.
What is the most expensive home in Danvers?
The most expensive home sold in Danvers had a price of $242,979,296.
What is currently the cheapest priced home in Danvers, MA?
The cheapest home for sale in Danvers is priced at $21,779.
Living in Danvers, MA
Danvers, MA is a charming suburban town located just north of Boston. Known for its rich historical background, excellent schools, and family-friendly environment, Danvers offers a perfect balance of suburban living with easy access to urban amenities. The town features a variety of parks and recreational activities, making it an ideal place for families and outdoor enthusiasts.
Buyer vs Seller Market in Danvers, MA
The real estate market in Danvers, MA has been characterized by steady growth over the past year. Properties are in high demand due to the town's appeal, drawing buyers looking for a mix of history, community, and convenience. Home values are rising, reflecting the desirability of the area, especially among families and professionals commuting to Boston.
Currently, the market is competitive with many homes receiving multiple offers shortly after listing. The average days on market for homes is decreasing, indicating strong buyer interest and a scarcity of inventory in the area. Sellers have the upper hand, but homes that are well-prepared and priced correctly still need to be marketed effectively.
Home Value Estimator For Danvers, MA
There are currently 9,075 real estate properties
in Danvers, MA,
with a median automated valuation model (AVM) price
of $708,620.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Danvers, MA, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Danvers, MA,
is $905,357.00, with the most expensive house
in Danvers, MA, topping out
at $242,979,296.00 and the cheapest home
in Danvers, MA,
clocking in at $21,779.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Danvers, MA!
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.
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