Why Live in Beverly
Beverly, a historic seaside suburb just north of Boston, is known for its rich maritime and industrial heritage. With a population of approximately 42,318, Beverly offers a blend of historic and waterfront homes, including nineteenth-century Cape Cods, Colonial Revivals, and contemporary waterfront estates. The downtown area is vibrant, featuring public murals, art venues, independent shops, and a variety of dining options along Cabot Street and Rantoul Street. Beverly is home to over a dozen parks and beaches, including the popular David S. Lynch Park, Dane Street Beach, and Independence Park, providing ample outdoor things to do. The city also boasts the Beverly Golf & Tennis Club and the Greater Beverly YMCA. Beverly Public Schools serve the area, with a student-teacher ratio of 12-to-1 and a high rating. The city is accessible via Interstate 95, the MBTA commuter rail, and the Cape Ann Transportation Authority bus line, with Boston and Logan International Airport about 20 miles away. Beverly's crime rates are lower than the national average, contributing to its appeal as a residential area. The local economy is supported by major employers such as Beverly Hospital, Endicott College, and Axcelis Technologies. Beverly also hosts numerous community events like Beverly Homecoming and LobsterFest, and is an arts hub with venues like the North Shore Music Theatre and The Cabot Theatre.
Home Trends in Beverly, MA
On average, homes in Beverly, MA sell after 22 days on the market compared to the national average of 50 days. The median sale price for homes in Beverly, MA over the last 12 months is $697,500, up 4% from the median home sale price over the previous 12 months.
Median Sale Price
$697,500
Median Single Family Sale Price
$737,500
Median Townhouse Sale Price
$608,500
Median 2 Bedroom Sale Price
$450,000
Median 1 Bedroom Sale Price
$370,000
Average Price Per Sq Ft
$452
Number of Homes for Sale
26
Last 12 months Home Sales
304
Median List Price
$672,450
Median Change From 1st List Price
-1%
Median Home Sale Price YoY Change
4%