Why Live in Revere
Revere, a coastal city located 5 miles north of downtown Boston, is named after the Boston native, Paul Revere, who rode through the streets of Concord bellowing, “The British are coming!” Originally inhabited by the Pawtucket tribe and settled by Puritans in 1624, Revere has since become a city of immigrants with a diverse cultural backdrop. The city is also known for being home to the country’s first public beach, Revere Beach, which to this day still draws many tourists to the area. Top employers in Revere include the city hall, Massachusetts General Hospital and retailers such as Market Basket. The city is implementing policies to support businesses and strengthen the local workforce by attracting biotech companies. The current population is about 60,577, with a median household income of $78,968. “Right now there are so much new and urban development happening, so it’s become an up-and-coming area,” says Jodi DiLorenzo, who has lived in Revere for over 50 years and is a Realtor at Century 21 North East with 28 years of experience. “The city is revitalizing the pocket squares with shops, businesses, new condos and apartments to attract the younger demographics who work in
Home Trends in Revere, MA
On average, homes in Revere, MA sell after 28 days on the market compared to the national average of 50 days. The median sale price for homes in Revere, MA over the last 12 months is $557,500, consistent with the median home sale price over the previous 12 months.
Median Sale Price
$557,500
Median Single Family Sale Price
$639,000
Median Townhouse Sale Price
$750,000
Median 2 Bedroom Sale Price
$499,950
Median 1 Bedroom Sale Price
$389,000
Average Price Per Sq Ft
$429
Number of Homes for Sale
26
Last 12 months Home Sales
112
Median List Price
$524,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
0%