Median home value: $707K (+2.6% YoY). Rent: $2,788/mo. Price-to-rent: 21.1x. Part of Boston-Cambridge-Newton, MA-NH.
Limited Data
Basic Zillow data only. For stress scores, AI analysis, and trends, Boston-Cambridge-Newton, MA-NH metro page.
Home Value$706,798
+2.6%
Rent$2,788/mo
AFFORDABILITYRenting $1,459/mo cheaper ($2,788 rent)6.00% 30yr, 20% down, county tax + MA ins. 28% per HUD.
Enter your income for Danvers.
$141,360 on $706,798
Out of reach — 68% of income
Need $182,014/yr to afford.
PITI$4,247
P/I68%
Afford$291K
Gap-$416K
P&I $3,390Tax $707Ins $150
Home Buying Kit For Dummies (2025)Financing, negotiation, closing