Peabody vs. Danvers, MA: Which Is the Better Buy for You?
Two neighbors built around Route 1, 128, and 95, with medians $27,000 apart through August 2026. How Peabody and Danvers compare for buyers who drive to work.
Salem & the North Shore · Town guide
Living in Danvers, MA.
A suburban town mixing older colonials, mid-century homes, and condos, with quick access to Route 1, Route 114, and I-95/128.
Danvers at a glance
- Median single-family
- $747,000
- ▲ 3.4% vs. last year
- Median condo
- $520,000
- ▼ 2.8% vs. last year
- Days on market
- 23
- single-family, year to date
- Sale vs. original list
- 101.0%
- single-family, year to date
- Residential tax rate
- $10.65
- per $1,000, FY2026
- Population
- 28,590
- 2024 Census estimate, +1.8% since 2020
- To Boston
- 16 mi
- straight line to City Hall
- MBTA rail & ferry
- No MBTA rail station in town
Danvers market · August 2026 year to date
The numbers, before the opinions.
| Measure | Single-family | Condo |
|---|---|---|
| Median sale price | $747,000 | $520,000 |
| Change vs. last year | ▲ 3.4% | ▼ 2.8% |
| Sales closed | 79 | 46 |
| Median days on market | 23 | 48 |
| Sale price vs. original list | 101.0% | 99.0% |
| For sale at month end | 26 | 9 |
| Months of supply | 2.2 | 1.4 |
Source: Massachusetts Association of REALTORS®, Danvers Local Market Update (PDF, opens in a new tab) (MLS PIN data). Year-to-date figures except homes for sale and months of supply, which are for the latest month. A town median is a starting point; the right price is street by street.
Side by side · August 2026 year to date
How does Danvers compare with nearby towns?
| Town | Median single-family | Median condo | Days on market | Tax rate (FY2026) |
|---|---|---|---|---|
| Danvers | $747,000 ▲ 3.4% | $520,000 | 23 | $10.65 |
| Peabody | $720,000 ▲ 2.9% | $469,900 | 28 | $9.47 |
| Beverly | $834,500 ▲ 10.7% | $495,000 | 30 | $10.81 |
| Wenham | $1,302,500 ▲ 23.9% | $1,460,000 | 58 | $15.99 |
| Salem | $720,000 ▼ 0.7% | $510,000 | 34 | $10.78 |
| Lynnfield | $1,132,500 ▲ 6.8% | $663,750 | 28 | $11.46 |
Year-to-date medians from each town's MAR Local Market Update; tax rates per $1,000 from the Mass. Division of Local Services. Nearby = closest town centers among the towns I cover.
Town guide
What it's like to live in Danvers.
What is it like to live in Danvers?
Danvers feels like a classic New England town that happens to sit at a highway interchange. It has a walkable town center, the Danvers Rail Trail, parks, and quick access to I-95, Route 1, Route 128, and Route 114.
It's popular with buyers who want a town-center feel and easy driving commutes in every direction.
What are Danvers's neighborhoods like?
A quick orientation, not a ranking:
| Area | What it's like | Worth a look if you want |
|---|---|---|
| Danvers Square | The town center with shops, restaurants, and older homes nearby | A walkable center |
| Danversport | Neighborhoods near the waterways and marinas | Being near the water |
| Putnamville & north Danvers | Quieter residential streets toward Topsfield | More space and a suburban feel |
| Near Route 1 & Liberty Tree | Condos and homes close to retail and highways | Convenience |
What does housing look like in Danvers?
Danvers is mostly single-family, with capes, colonials, ranches, and split-levels, plus condo communities and some older multifamilies. Historic homes tied to the town's Salem Village past appear throughout.
How is the commute from Danvers to Boston?
Danvers has no MBTA rail station. Train commuters usually drive to a station in Salem or Beverly. For drivers, I-95, Route 1, Route 128, and Route 114 are close to most of town.
Where do people spend time in Danvers?
- The Danvers Rail Trail
- Endicott Park
- The Rebecca Nurse Homestead and other Salem Village historic sites
- Danvers Square
- Liberty Tree Mall and the Route 1 corridor
What should buyers and sellers know about Danvers?
- Danvers has its own municipal electric utility. Compare real bills.
- Check highway noise for homes near I-95, Route 1, or 128.
- Waterfront areas near Danversport can be in flood zones.
For public school information, see the Massachusetts Department of Elementary and Secondary Education's school and district profiles (Danvers Public Schools).
Questions people actually ask.
Is Danvers a good place to buy?
For buyers who want a town center, parks, and easy highway access, often yes. Prices are close to Peabody's.
Does Danvers have a train station?
No. The nearest MBTA commuter rail stations are in neighboring towns such as Salem and Beverly.
Monthly cost calculator
What would a Danvers home cost per month?
Pre-filled with Danvers's median single-family price and its FY2026 tax rate. Change anything. This is an estimate for planning, not a loan quote.
How I help in Danvers
Three ways to start.
Buy in Danvers
What homes here actually sell for, what they cost to own, and an offer strategy you can defend.
Buying with XavierSell in Danvers
A price grounded in Danvers sales, a plan for what to fix, and a clear read on every offer.
Get a home valuationInvest in Danvers
Two- and three-families run as numbers: rents, expenses, financing, and condition.
Multifamily & investingQuick answers about Danvers.
What is the median home price in Danvers, MA?
The median single-family sale price in Danvers was $747,000 for August 2026 year to date, compared with $722,500 for the same period a year earlier. The median condo sold for $520,000. Source: Massachusetts Association of REALTORS® (MLS PIN data).
How fast are homes selling in Danvers?
Single-family homes that sold in Danvers during August 2026 year to date spent a median of about 23 days on market and sold for 101.0% of their original list price on average, according to MAR.
What is the property tax rate in Danvers, MA?
Danvers's FY2026 residential property tax rate is $10.65 per $1,000 of assessed value (Massachusetts Division of Local Services). On a home assessed at the median single-family sale price, that's roughly $7,960 a year; your actual bill depends on the assessed value.
Is there a train from Danvers to Boston?
There's no MBTA rail station in Danvers. It's about 16 miles from Boston in a straight line; most residents drive or use a station in a nearby town.
Reading about Danvers.
MLS listings
Danvers homes for sale right now.
Active and coming-soon listings in Danvers, through my Ruuster home search. Save a search to hear about new ones as they come on.
Search provided by Ruuster via HomeBase. Open the full Danvers search in a new tab (opens in a new tab). Listing information is deemed reliable but not guaranteed.
Buying or selling here?
Interested in Danvers?
Tell me what you're weighing: a street, a price range, a timeline. I'll send the recent sales that matter and what I'd watch for in Danvers specifically.
More Salem & the North Shore towns
- Salem
- Beverly
- Marblehead
- Swampscott
- Peabody
- Lynn
- Lynnfield
- Saugus
- Gloucester
- Nahant
- Hamilton
- Wenham
- Ipswich
- Manchester-by-the-Sea
- All towns
Sources: market figures, Massachusetts Association of REALTORS®, Local Market Update (data: MLS PIN; © ShowingTime Plus); tax rate, Massachusetts Division of Local Services, Municipal Databank, Tax Rates by Class; population, U.S. Census Bureau, Vintage 2024 population estimates for cities and towns; stations, MBTA (V3 API); distance, OpenStreetMap Nominatim (town center); miles are straight-line to Boston City Hall. Numbers retrieved 2026-09-25.