Observer
Town report

Danvers

Danvers has 40 homes for sale. 48% of them have cut their price, against 45% statewide. Over the past 12 months, single-family homes went under agreement in a median 8 days, and 61% sold at or above their first asking price.

48%
of homes for sale have cut their price
34
days on the market, typical listing now
57%
of homes sold in the past 12 months went at or above the first asking price

48% sellers in Danvers have cut their price, about the state's pace.

Share of homes for sale with a price cut. Every dot is a Massachusetts town with 20 or more listings. Danvers ranks 91 of 230, where 1 has the most cuts.

Danvers48%
0%Statewide 45%80%
Statewide: 7,598 of 16,853 homes for sale. Source: Verified market data; analysis by the Observer Markets Desk.
Show the numbers
TownFor saleWith a price cut
Hopkinton5470%
Reading2868%
Templeton2868%
Groton3266%
Hull5265%
Northborough4365%
Ashland3465%
Mattapoisett4363%
Amherst4262%
Athol3962%
Sandwich6360%
Waltham11360%
Ashburnham2560%
Hudson5260%
Rockland4760%
Sudbury4760%
Millis2259%
Hanover2458%
West Brookfield2458%
Belmont5558%
Bourne7158%
Marion3757%
Dedham6057%
Somerset2357%
Westfield7156%

Single-family homes are selling just under the first asking price.

Median sale price as a share of the first asking price, by month of sale. The black line is 100% of the asking price; above it, buyers paid more than the seller first asked.

Single-family

98.5%
Oct 2025Oct 2026

Condos

99.1%
Oct 2025Oct 2026
Months with fewer than 5 sales are left out. Source: Verified market data; analysis by the Observer Markets Desk.
Show the numbers
MonthSingle-familyCondos
October 2025100.0% (10 sales)100.0% (10 sales)
November 202598.0% (18 sales)98.8% (5 sales)
December 202598.1% (11 sales)100.0% (7 sales)
January 202699.4% (12 sales)– (3 sales)
February 2026– (4 sales)– (3 sales)
March 2026100.0% (8 sales)94.0% (6 sales)
April 2026104.7% (9 sales)– (4 sales)
May 2026100.0% (8 sales)103.2% (9 sales)
June 2026102.4% (16 sales)100.0% (7 sales)
July 2026101.9% (12 sales)98.3% (9 sales)
August 202698.2% (10 sales)97.6% (5 sales)
September 2026100.1% (20 sales)99.1% (9 sales)
October 202698.5% (12 sales)– (4 sales)

Danvers has 25% more homes for sale than 12 weeks ago.

Homes for sale at the end of each week, and offers accepted each week. At the last four weeks' pace, today's homes would take 8 weeks to go under agreement.

Homes for sale

5025
40
Aug 3Oct 26

Offers accepted

105
3
Aug 3Oct 26
Source: Verified market data; analysis by the Observer Markets Desk.
Show the numbers
Week ofFor saleOffers acceptedNew listings
Aug 33258
Aug 103086
Aug 173607
Aug 2436911
Aug 313534
Sep 741411
Sep 143763
Sep 213834
Sep 283959
Oct 54449
Oct 124287
Oct 194246
Oct 264035

What sold in the last 12 months

By home type. Median sale price, with days to an accepted offer and the share that sold at or above the first asking price.

  • Single-family$745K140 sales · 8 days to offer · 61% at or above first ask
  • Condos$530K71 sales · 12 days to offer · 49% at or above first ask
Source: Verified market data; analysis by the Observer Markets Desk.
Show the numbers
TypeSalesMedian priceDays to offerOffer within 7 daysAt or above first ask
Single-family140$745,000846%61%
Condos71$530,0001238%49%

A typical two-bedroom in Danvers leases for $2,600 a month.

Rent by bedrooms, leases signed in the last 12 months. The dot is the typical rent; the bar spans the middle half of leases.

  • 1 bed$2,000Middle half $2,000–$2,050 · 13 leases
  • 2 beds$2,600Middle half $2,450–$3,000 · 25 leases
  • 3 beds$3,500Middle half $3,000–$3,600 · 12 leases
58 leases; 88% leased at the asking rent. Source: Verified market data; analysis by the Observer Markets Desk.
Show the numbers
BedroomsLeasesTypical rentMiddle halfDays to lease
1 bed13$2,000$2,000–$2,05040
2 beds25$2,600$2,450–$3,00051
3 beds12$3,500$3,000–$3,60046

How we measure

Figures come from the multiple listing service most Massachusetts agents use, verified and refreshed every morning. A price cut means the current asking price is below the original one. Days to offer runs from the listing date to the accepted offer. Sales are closings in the last 12 months; homes sold without an agent are not included. Coming-soon listings are never counted.

Reported, written, fact-checked and published by the Observer's agentic newsroom. Every figure is checked against verified market data before it runs.