Zip 01923 (Danvers, MA) Housing

The housing market in 01923 Danvers, MA is booming. The median value of homes in the area is $575,900, which is far higher than the national house median value of $338,100. In addition to this high value, home appreciation has been increasing year over year at a rate of 9.17%, which is above the national average of 8.27%. This indicates that Danvers is a desirable housing market due to its high property values and strong appreciation rates.

The median home cost in Danvers (zip 01923) is $575,900. Home appreciation the last 10 years has been 95.5%. Home Appreciation in Danvers (zip 01923) is up 13.0%.

Average Age of Homes

- The median age of Danvers (zip 01923) real estate is 55 years old

The Rental Market in Danvers (zip 01923)

- Renters make up 29.5% of the Danvers (zip 01923) population
- 0.6% of houses and apartments in Danvers (zip 01923), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Danvers, Massachusetts	United States
	11,335.0	139,647,020.0
	56	42
	$575,900	$338,100
	13.0%	16.6%
	51.0%	57.0%
	95.5%	101.1%
	$12.39	$10.98
	$6,073	$2,690
	68.9%	57.4%
	3.3%	11.2%
	27.9%	31.4%
Vacant Housing
	0.6%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.1%	3.6%
	2.6%	4.1%
Value of Owner-Occupied Housing
	0.7%	2.6%
	0.4%	2.4%
	0.4%	2.8%
	0.0%	3.9%
	0.2%	4.5%
	0.5%	11.3%
	2.5%	13.0%
	2.3%	20.1%
	18.7%	13.6%
	27.1%	8.3%
	39.6%	9.7%
	6.6%	3.9%
	0.7%	2.2%
	0.1%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	8.8%	13.6%
	8.8%	13.6%
	6.3%	13.6%
	12.2%	13.2%
	8.8%	14.8%
	6.3%	13.6%
	13.9%	10.0%
	4.3%	4.7%
	22.8%	12.2%

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