Danvers, MA Real Estate

According to census data in the year 2000 there were 9,762 housing units in Danvers. This represents a 7.1% growth from 9,119 in 1990.

Of those housing units, 9,762 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Danvers is about 77.1%. Danvers's vacancy rate, including seasonal lodging, is about 2.1%. Average household size is 2.53 people.

The majority of houses, apartments or condos in Danvers were built after 1957.


Housing Size

Housing Units by Size
Studio Type0.50%
One Bedroom12.50%
Two Bedrooms26.10%
Three Bedrooms40.10%
Four Bedrooms17.20%
Five Bedrooms or more3.60%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.72
Median year structure was built1958
Median Value of occupied units$231,100
Median Price asked for vacant units$227,100

Rented Homes, Apartments and Condos

Average Household Size1.9
Median year structure was built1939
Median Monthly Rent asked for vacant units$818

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.60%
Second Mortgage7%
Home Equity Loan12.50%
Simple Mortgage49.30%
Debt Free30.60%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs20.6%