Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Danvers area can be challenging. Home prices in Danvers are now at a median cost of $494,847, higher than the Massachusetts average of $477,554.
The average cost of rent is $1,798/mo in Danvers, primarily driven by the current value of real estate in the Danvers area. While nearly 31.92% of residents own their homes outright in Danvers, 26.99% rent.
Housing affordability isn’t just about home prices, though. The average household income in Danvers is $8,930 per month. Households that rent pay about 20.14% of their income on rent here. Danvers's most expensive areas are in the southern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Peabody, MA: less expensive homes
- Beverly, MA: higher priced homes
- Middleton, MA: higher priced homes
- Wenham, MA: higher priced homes
- Salem, MA: less expensive homes
- Topsfield, MA: higher priced homes
- Lynnfield, MA: higher priced homes
- South Hamilton, MA: higher priced homes
- Marblehead, MA: higher priced homes
- Swampscott, MA: higher priced homes
Cities with Similar Populations
- Woodway, TX: less expensive homes
- Centereach, NY: less expensive homes
- Cave Spring, VA: less expensive homes
- Castaic, CA: higher priced homes
- Carbondale, IL: less expensive homes
- Corsicana, TX: less expensive homes
- Bristol, VA: less expensive homes
- Wilmette, IL: higher priced homes
- Kingsville, TX: less expensive homes
- Yabucoa, PR: less expensive homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood