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Northfields (North Fields) West Peabody (W. Peabody)

DANVERS, MA 01923

Real Estate Market Report  ·  Essex County
Balanced Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 01923

Northfields (North Fields) · West Peabody (W. Peabody)

Market Analysis

Data as of March 2026. Source: Realtor.com.

The DANVERS, MA real estate market (01923) currently shows 12 active listings, with 6 pending sales. Homes are averaging 28 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 28 days on market compared to 10 days last year.

The median listing price has fallen 21% year-over-year, from $809,500 to $639,700.

Whether you are buying or selling in DANVERS, MA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 27,734  ·  Density: 810.9/mi²  ·  Median household income: $116,636

Typical home value: $586,210  ·  Homeownership: 70.1%

Market Overview

Active Listings
12
⇩ 7.7% vs 13 last year
Pending
6
50% pending ratio
Median Price
$639,700
⇩ 21% vs $809,500 last year
Average Price
$1,123,611
⇧ 32% vs $851,376 last year
Days on Market
28
⇧ 180% vs 10 days last year

Price Per Square Foot

Median $/sqft
$414
⇧ 9.5% vs $378/sqft last year
Median Home Size
1,931 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 12 this year vs 13 last year
  • Days on market: 28 now vs 10 last year

Median & Average Pricing

Year over Year
  • Median: $639,700 (-21% YoY)
  • Average: $1,123,611 (+32% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 9.9 miles — 235 listings ($329,598,887 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
01923Danvers, MA 019230.0 mi16$16,177,040$638,000$1,011,065
01984Wenham, MA 019843.9 mi6$11,967,792$2,181,225$1,994,632
01915Beverly, MA 019154.3 mi24$65,604,504$756,975$2,733,521
01970Salem, MA 019704.8 mi48$31,372,080$565,975$653,585
01904Lynn, MA 019045.8 mi12$6,761,796$608,000$563,483
01945Marblehead, MA 019456.8 mi19$41,511,200$1,149,750$2,184,800
01902Lynn, MA 019027.1 mi24$10,202,568$457,400$425,107
01880Wakefield, MA 018807.7 mi22$18,229,134$739,900$828,597
01901Lynn, MA 019017.8 mi5$1,919,490$386,750$383,898
01921Boxford, MA 019218.2 mi5$8,839,000$1,737,000$1,767,800
01944Manchester, MA 019449.2 mi11$78,833,337$4,323,750$7,166,667
01845North Andover, MA 018459.7 mi24$21,163,824$568,675$881,826
02176Melrose, MA 021769.9 mi19$17,017,122$734,600$895,638

Frequently Asked Questions

How many homes are for sale in DANVERS, MA 01923?

As of March 2026, there are 12 active listings in DANVERS, MA (zip code 01923), compared to 13 the prior year.

What is the median home price in DANVERS, MA 01923?

The median listing price in DANVERS, MA 01923 is $639,700 as of March 2026, a 21% decrease from $809,500 the prior year.

How long do homes stay on the market in DANVERS, MA?

Homes in DANVERS, MA 01923 spend an average of 28 days on the market before going under contract, compared to 10 days the prior year.

Is it a seller's or buyer's market in DANVERS, MA 01923?

Based on current inventory and days-on-market data as of March 2026, DANVERS, MA 01923 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 28 days on market compared to 10 days last year.

How much can I save on real estate commission in DANVERS, MA?

With SELL123.com's maximum 3% commission, sellers in DANVERS, MA 01923 save an estimated $12,794 compared to a typical 5% commission on the median listing price of $639,700. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.