Danvers, MA Home Values & Market Trends

Real estate market trends reflect that there have been 339 transactions over the past year in Danvers. The median value for residential home transactions that occurred over the previous year is $651,334.88. The number of current listings in Danvers is 11, and the percentage of properties for sale in the city is 11.00%. Danvers, MA currently has 20 properties in foreclosure, 1 bank owned properties, 6 properties headed for auction, and 11 properties for sale.

Danvers, MA Real Estate Market Overview

ZipMedian Est. Value
01923

$ 623,300

$ 404/sqft

Housing Market Summary for Danvers, MA

Apr 2023March 2024Change
Median Listing Price$499.4K$620.6K24.27%
Median Sold Price$600K$620.6K3.44%
Homes For Sale1410-28.57%
Homes Sold1271388.66%
Price
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Homes For Sale
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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 Danvers, MA

Danvers home values range from $43,416 to $2,383,260. The median estimated value of a home in Danvers is $651,334.88. The median list price of a home is 440,000, and the total count of properties in the city is 8,426.

Foreclosure
There is 1 zips within Danvers, MA; within this zips, the median estimated home value for homes in foreclosure ranges from $1,208,000 in 01923 to the lowest value of $284,451 in 01923. Foreclosure homes account for 0.00% of properties in Danvers, MA with 01923 containing 20 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.15% of all residential properties in Danvers, MA with 01923 containing 13 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Danvers, MA; of that zips, the estimated home value for pre-foreclosure homes ranges from $1,208,000 in 01923 to the lowest home value of $325,250 in 01923.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Danvers, MA ranges from the highest value of $648,250 in 01923 to the lowest value of $648,250 in 01923. Bank owned homes and properties account for 0.01% of properties in Danvers, MA. There is 1 zips within Danvers, MA; 01923 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    01923 has 6 auction properties, the highest number of properties going to auction in a single zip in the state of Danvers, MA. Auction homes and other auction properties account for 0.07% of all properties in Danvers, MA. There is 1 zips within Danvers, MA; of that zips, the median estimated home value for homes going to auction ranges from $761,135 in 01923 to the lowest value of $284,451 in 01923.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.13% of residential properties in Danvers, MA with 01923 containing 11 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Danvers, MA; homes for sale in that zips, have a range of median values from $919,250 in 01923 to the lowest value of $236,877 in 01923.
    Sold Homes
    The median value for recently sold homes ranges from $1,315,120 in 01923 to the lowest price of $125,825 in 01923. There is 1 zips within Danvers, MA. 01923 has 130 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.54% of properties in Danvers, MA.

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      Guide for Danvers, MA

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      A Guide to Foreclosure Financing and Refinancing
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      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
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      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

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      Market Reports|posted 17 April 2024

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      Recently Listed Homes Danvers, MA

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