The median home in Danvers, Massachusetts is valued at $706,798, up 2.6% year over year. Typical monthly rent is $2,788, producing a price-to-rent ratio of 21.1x — well above the national average of 18x. Danvers is part of the Boston-Cambridge-Newton, MA-NH metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.
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Home Value$706,798
+2.6%
Rent$2,788/mo
AFFORDABILITYRenting $1,643/mo cheaper ($2,788 rent)6.50% 30yr, 20% down, county tax + MA ins. 28% per HUD.
Enter your income for Danvers.
$141,360 on $706,798
Out of reach — 70.9% of income
Need $189,900/yr to afford.
PITI$4,431
P/I70.9%
Afford$279K
Gap-$428K
P&I $3,574Tax $707Ins $150
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
Other cities in Massachusetts
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Full Boston-Cambridge-Newton, MA-NH analysis
Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Boston-Cambridge-Newton, MA-NH metro.
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