Home prices
The median home cost in Beverly is $437,300. This is approximately $29,280 (6%) lower compared to nearby areas.In comparison to the entire nation it is roughly $219,800 (101%) higher, and it is approximately $95,400 (17%) lower in comparison to the city of Boston.
Rents
The median monthly rent in Beverly is $1,282. Compared to nearby areas this is approximately $227 (15%) lower.In comparison to the entire nation it is about $220 (20%) higher, and in comparison to the city of Boston it is roughly $338 (20%) lower.
Nearby places
Danvers
Danvers is Beverly's neighbor to the west. Its housing prices are pretty similar. The median home in Danvers costs $427,400, which is $9,900 (2%) lower than Beverly. Its rents are somewhat more expensive. The median monthly rent in Danvers is $1,398, which is $116 (8%) higher than Beverly.
Salem
Salem is Beverly's neighbor to the southwest. Housing prices there are somewhat less expensive. The median home in Salem is valued at $367,200, which is $70,100 (19%) lower than Beverly. The rent there is fairly similar. Salem's median monthly rent is $1,289, which is very similar to Beverly.
Marblehead
Marblehead is approximately 4 miles south from Beverly. Real estate prices there are substantially more expensive. The cost of the median home in Marblehead is $675,400, which is $238,100 (35%) higher than Beverly. Its rents are a little more expensive. The median rent in Marblehead is $1,578 per month, which comes out to $296 (18%) higher than Beverly.
Peabody
Peabody is approximately 5 miles southwest from Beverly. Its housing prices are a bit less expensive. The median home in Peabody is valued at $387,400, which works out to $49,900 (12%) lower than Beverly. Rents there are a little more expensive. The median monthly rent in Peabody is $1,366, which works out to $84 (6%) higher than Beverly.
Swampscott
Swampscott is about 6 miles south from Beverly. The housing prices there are a bit more expensive. Swampscott's median home cost is $475,500, which works out to $38,200 (8%) higher than Beverly. Rent there is substantially more expensive. Swampscott's median rent is $1,916 a month, which is $634 (33%) higher than Beverly.
