$10,000 Closing Credit¹
#73334166, Mike Quail Team, Listing Office: eXp Realty
Danvers Housing Market Report January 2025•Essex County, Massachusetts
Housing Prices in Danvers, MA
How much do homes in Danvers, MA cost?
Housing Market Conditions
Is Danvers, MA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Danvers is a Seller's Market
Difference Since January 2024
Since last year, Danvers has remained a Seller's Market.
Insight
Danvers is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$630,333$371/SqFt
+$5,333
+0.9%
Based on all homes sold in the last 12 months
Insight
Homes in Danvers have sold for 0.9% more than they did a year ago.
Summary: The median home sold price in Danvers was $630,333 in January 2025, up 0.9% from last year, and the median price per square foot was $371.
Median Sold Price By Cities
| City | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Peabody | $600K | $650K | +8.3% |
| Topsfield | $847.5K | $890K | +5.0% |
| Danvers | $625K | $630.3K | +0.9% |
| Middleton | $868.5K | $840K | -3.3% |
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $283.5K | $302K | +6.5% |
| 22 Bedrooms | $482.5K | $526.5K | +9.1% |
| 33 Bedrooms | $615K | $650K | +5.7% |
| 44 Bedrooms | $777.5K | $833K | +7.1% |
| 55+ Bedrooms | $766K | $850K | +11.0% |
Summary: Danvers housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +6.5%. The home price for 2 bedroom homes increased by +9.1%. The home price for 3 bedroom homes increased by +5.7%. The home price for 4 bedroom homes increased by +7.1%. The home price for 5 bedroom homes increased by +11.0%.
Housing supply in Danvers, MA
How many homes are available in Danvers, MA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 31Last MonthJan 2025 | ||
| 372 months agoDec 2024 | -16.2 % Change MoMDec – Jan |
Summary: The Danvers real estate market had 31 homes for sale in Jan 2025, a 16.2 % decrease compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 9Last MonthJan 2025 | ||
| 192 months agoDec 2024 | -52.6 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 1 | +100.0% |
| 33 Bedrooms | 12 | 9 | -25.0% |
| 44 Bedrooms | 11 | 9 | -18.2% |
| 55+ Bedrooms | 6 | 5 | -16.7% |
| 22 Bedrooms | 8 | 7 | -12.5% |
Summary: Danvers housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 3 bedroom homes decreased by -25.0%. The inventory for 4 bedroom homes decreased by -18.2%. The inventory for 5 bedroom homes decreased by -16.7%. The inventory for 2 bedroom homes decreased by -12.5%.
Asking Price vs. Sold Price
How much do homes in Danvers, MA cost?
Over Asking Price6 Homes
At Asking Price0 Home
Under Asking Price3 Homes
Insight
If you're buying a home in Danvers, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in Danvers in January 2025, down by 52.6% month-over-month. Of the 9 sold homes, 33% were sold under asking, 0% were sold at asking, and and 67% were sold over asking.
Days on Market for Danvers, MA
How long does it take to sell a home in Danvers, MA?
Breakdown of Home Sale Times
Under 30 Days5 Homes
30 – 90 Days4 Homes
Over 90 Days0 Home
Insight
Many homes in Danvers are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 9 homes were sold in Danvers; 56% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 30 DaysThis YearJan 2025 | ||
| 49 Days1 year agoJan 2024 | -37.5 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Danvers had an average listing age of 30 days in Jan 2025, down by 37.5% compared to the previous year.
Connect With An Agent
Local real estate agents are ready to help you find a home here
Sell My Home
Sell your home with an expert or get the job done on your own.
Get Approved
Get a customizable mortgage solution based on today's rates.
Newest Listings in Danvers, MA
What homes are available in Danvers, MA?
#73333152, Linda Turcotte, Listing Office: Keller Williams Realty Evolution
$10,000 Closing Credit¹
#73332202, Pizzo Johanson Team, Listing Office: Aluxety
$6,233 Closing Credit¹
#73331574, Peter Castrichini, Listing Office: Barry Realty Group
$10,000 Closing Credit¹
#73330628, Andrea O'Reilly, Listing Office: Keller Williams Realty Evolution
$8,893 Closing Credit¹
#73327069, Ronda Cogliano, Listing Office: Century 21 North East
$9,855 Closing Credit¹
#73328278, Salvatore DiMercurio, Listing Office: Keller Williams Realty Evolution
$10,000 Closing Credit¹
#73327020, Crowell & Frost Realty Group, Listing Office: J. Barrett & Company
#73318645, Brian DApice, Listing Office: The Mega Group
$8,301 Closing Credit¹
#73324348, Kerry Cheever, Listing Office: Cheever Associates
$10,000 Closing Credit¹
#73259081, Julie Sagan, Listing Office: Sagan Harborside Sotheby's International Realty
$10,000 Closing Credit¹
#73257790, Julie Sagan, Listing Office: Sagan Harborside Sotheby's International Realty
Nearby markets
Popular Cities with Homes for Sale in Massachusetts
- Homes for sale in Boston, MA
- Homes for sale in Brockton, MA
- Homes for sale in Brookline, MA
- Homes for sale in Cambridge, MA
- Homes for sale in Chicopee, MA
- Homes for sale in Fall River, MA
- Homes for sale in Falmouth, MA
- Homes for sale in Fitchburg, MA
- Homes for sale in Framingham, MA
- Homes for sale in Haverhill, MA
- Homes for sale in Hingham, MA
- Homes for sale in Lowell, MA
- Homes for sale in Methuen, MA
- Homes for sale in New Bedford, MA
- Homes for sale in Newton, MA
- Homes for sale in Plymouth, MA
- Homes for sale in Quincy, MA
- Homes for sale in Shrewsbury, MA
- Homes for sale in Springfield, MA
- Homes for sale in Taunton, MA
- Homes for sale in Worcester, MA
MLS Disclaimers and Copyright
Based on information from MLS Property Information Network Inc., for the period 02/01/2023 - 02/01/2025
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/20/2025, 11:55:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.