Beverly, MA Home Values & Market Trends

Real estate market trends reflect that there have been 385 transactions over the past year in Beverly. The median value for residential home transactions that occurred over the previous year is $682,360.18. The number of current listings in Beverly is 15, and the percentage of properties for sale in the city is 15.00%. Beverly, MA currently has 16 properties in foreclosure, 0 bank owned properties, 4 properties headed for auction, and 15 properties for sale.

Beverly, MA Real Estate Market Overview

ZipMedian Est. Value
01915

$ 598,750

$ 385/sqft

Housing Market Summary for Beverly, MA

Apr 2023March 2024Change
Median Listing Price$582K$677.4K16.39%
Median Sold Price$600K$677.4K12.89%
Homes For Sale2617-34.62%
Homes Sold158147-6.96%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Beverly, MA

Beverly home values range from $83,639 to $18,613,088. The median estimated value of a home in Beverly is $682,360.18. The median list price of a home is 499,999, and the total count of properties in the city is 11,168.

Foreclosure
There is 1 zips within Beverly, MA; within this zips, the median estimated home value for homes in foreclosure ranges from $3,026,377 in 01915 to the lowest value of $544,500 in 01915. Foreclosure homes account for 0.00% of properties in Beverly, MA with 01915 containing 16 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.11% of all residential properties in Beverly, MA with 01915 containing 12 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Beverly, MA; of that zips, the estimated home value for pre-foreclosure homes ranges from $3,026,377 in 01915 to the lowest home value of $559,825 in 01915.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Beverly, MA ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Beverly, MA. There is 1 zips within Beverly, MA; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    01915 has 4 auction properties, the highest number of properties going to auction in a single zip in the state of Beverly, MA. Auction homes and other auction properties account for 0.04% of all properties in Beverly, MA. There is 1 zips within Beverly, MA; of that zips, the median estimated home value for homes going to auction ranges from $1,839,376 in 01915 to the lowest value of $544,500 in 01915.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.13% of residential properties in Beverly, MA with 01915 containing 15 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Beverly, MA; homes for sale in that zips, have a range of median values from $833,750 in 01915 to the lowest value of $419,000 in 01915.
    Sold Homes
    The median value for recently sold homes ranges from $7,534,500 in 01915 to the lowest price of $226,620 in 01915. There is 1 zips within Beverly, MA. 01915 has 154 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.38% of properties in Beverly, MA.

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      Guide for Beverly, MA

      Market Reports
      Boston Real Estate: A Year of Growth – Market Report March 2024
      Market Reports
      Montgomery Housing Market Sees 8% Dip in Property Values: A Comparative Analysis with Surrounding Cities”
      Fix and Flip
      Tallahassee’s Real Estate Market A in Review 2023-2024
      Market Reports
      Knoxville Real Estate Market Report, April 2024
      See More Articles
      Boston Real Estate: A Year of Growth – Market Report March 2024
      Market Reports|posted 14 March 2024

      This analysis highlights the significant growth in Boston’s real estate market with increasing property values, and the diversity of pricing in its neighborhoods. It presents a dynamic market catering to a wide range of buyers and investors, from high-end to more economic entry points.

      Montgomery Housing Market Sees 8% Dip in Property Values: A Comparative Analysis with Surrounding Cities”
      Market Reports|posted 10 April 2024

      The blog post discusses the fluctuating real estate market in Montgomery, Alabama, comparing its property values, cost per square foot, and market activity with neighboring cities, revealing the dynamic nature of regional real estate.

      Tallahassee’s Real Estate Market A in Review 2023-2024
      Fix and Flip|posted 10 April 2024

      An analysis of the Tallahassee real estate market from April 2023 to March 2024 shows fluctuating property values and sale prices, yet consistently strong market activity, indicating a healthy and dynamic property landscape.

      Knoxville Real Estate Market Report, April 2024
      Market Reports|posted 9 April 2024

      The Knoxville real estate market is seeing fluctuations in property prices, with the average value at $399,900 as of March 2024.

      Recently Listed Homes Beverly, MA

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