Danvers, MA
Full City Profile · Massachusetts · Essex County County
3.5
/5.0
B+
Good
27,924
Population
2,103/sq mi density
$117,072
Median Income
$55,039 per capita
$611,200
Home Value
$712,277 Zillow
$2,004
Median Rent
32.0% income on rent
50°F
Avg Temperature
246 sunny days/yr
141
Violent Crime/100K
1,290 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$117,072 median income, 4.0% unemployment
B+
Affordability
3.7 / 5.0
$611,200 home value, $2,004/mo rent
F
Safety
1.0 / 5.0
141 violent crimes/100K
A+
Education
4.7 / 5.0
46.8% bachelor's degree or higher
Housing Overview
Median Home Value
$611,200
117% above
US avg: $281,900
Median Rent
$2,004/mo
72% above
US avg: $1,163/mo
Homeownership Rate
68.9%
5% above US avg (65.4%)
Total Housing Units
11,553
Median year built: 1964
Home Value by Source
Census Median
$611,200
Zillow (ZHVI)
$712,277
Median Sale Price
$490,000
Median List Price
$639,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
68.9%
Owner-Occupied
31.1%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,727/mo
1 Bedroom
$1,822/mo
2 Bedroom
$2,300/mo
3 Bedroom
$2,858/mo
4 Bedroom
$3,232/mo
Census median rent:
$2,004/mo
· Zillow rent:
$2,782/mo
Market Indicators (Redfin)
Median Days on Market
14 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
7
Price Drops
11.1%
of listings with price reduction
Price Per Sq Ft
$403
Active Inventory
18
homes for sale
Affordability & Housing Stock
Rent Burden
32.0%
of renters spending 30%+ of income on housing
3% above US avg (31.0%)
Median Year Built
1964
Average age of housing stock: 62 years
Homeownership Rate
68.9%
Complete Housing Data
Home Values
| Census Median Value | $611,200 |
| Zillow Home Value (ZHVI) | $712,277 |
| Median Sale Price | $490,000 |
| Median List Price | $639,000 |
| Price Per Sq Ft | $403 |
Rent
| Census Median Rent | $2,004 |
| Zillow Rent (ZORI) | $2,782 |
| FMR Studio | $1,727 |
| FMR 1-Bedroom | $1,822 |
| FMR 2-Bedroom | $2,300 |
| FMR 3-Bedroom | $2,858 |
| FMR 4-Bedroom | $3,232 |
Market
| Days on Market | 14 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 11.1% |
| Homes Sold | 7 |
| Active Inventory | 18 |
| Price Per Sq Ft | $403 |
Ownership & Stock
| Owner-Occupied | 68.9% |
| Renter-Occupied | 31.1% |
| Homeownership Rate | 68.9% |
| Total Housing Units | 11,553 |
| Median Year Built | 1964 |
| Rent Burden | 32.0% |
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