Why Live in Downtown Beverly
Downtown Beverly, located approximately 25 miles north of Boston, is the most urban part of the historic seaside community of Beverly. Known for its revitalized downtown area, it features a variety of new restaurants and apartments, making it a lively suburban city with plenty of activity. The neighborhood hosts numerous annual events, including Beverly Homecoming in August with fireworks and LobsterFest, Harborfest in September with live music and a local beer garden, and Arts Fest in June showcasing over 125 juried fine artists. Downtown block parties and holiday events like Downtown Trick or Treat and the Beverly Holiday Parade add to the vibrant community atmosphere. Local businesses such as Gloria Food Store, Ward’s Florist, Anchor Pub & Grille, and Anmol provide residents with diverse shopping and dining options. Lynch Park, a seaside park with a formal Italianate Garden, and Independence Park, known for its beach access and pier, are popular spots for outdoor activities. The recently renovated Cabot theater and the Greater Beverly YMCA offer indoor entertainment and fitness options. Downtown Beverly is well-connected for commuters with multiple commuter rail stations, bus routes, a regional airport, and access to Route 128. Housing in the area includes older colonial and Cape Cod styles, with many homes converted into apartments and condominiums. Students in the neighborhood attend well-rated schools, starting at Cove Elementary before moving on to Beverly Middle and Beverly High, which offers unique athletics programs.
Frequently Asked Questions
Is Downtown Beverly a good place to live?
Downtown Beverly is a good place to live. Downtown Beverly is considered very walkable and bikeable. Downtown Beverly has 15 parks for recreational activities. It is somewhat dense in population with 10.8 people per acre and a median age of 39. The average household income is $87,478 which is below the national average. College graduates make up 44.2% of residents. A majority of residents in Downtown Beverly are renters, with 62.3% of residents renting and 37.7% of residents owning their home. A
local real estate agent serving Downtown Beverly can help you decide if this neighborhood is the right one for you. Learn more on our
Downtown Beverly neighborhood guide.
Is Downtown Beverly, MA a safe neighborhood?
Downtown Beverly, MA is safer than the average neighborhood in the United States. It received a crime score of 3 out of 10.
How much do you need to make to afford a house in Downtown Beverly?
The median home price in Downtown Beverly is $579,900. If you put a 20% down payment of $116,000 and had a 30-year fixed mortgage with an interest rate of 6.19%, your estimated principal and interest payment would be $2,840 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $122K a year to afford the median home price in Downtown Beverly. Learn how much home you can afford with our
Home Affordability Calculator. The average household income in Downtown Beverly is $87K.
What are the best public schools in Downtown Beverly?
The best public schools that serve Downtown Beverly are:
What are the best private schools in Downtown Beverly?
The best private schools that serve Downtown Beverly are:
- Waldorf School at Moraine Farm has an A+ Niche grade, a student teacher ratio of 4:1 and an average review score of 5.0.
- Waring School has an A+ Niche grade, a student teacher ratio of 6:1 and an average review score of 4.5.
- Shore Country Day School has an A- Niche grade, a student teacher ratio of 7:1 and an average review score of 4.3.
What are the most popular zip codes in Downtown Beverly, Beverly, MA?
What are the most popular neighborhoods near Downtown Beverly, Beverly, MA?
Home Trends in Downtown Beverly, MA
On average, homes in Downtown Beverly, Beverly sell after 17 days on the market compared to the national average of 53 days. The median sale price for homes in Downtown Beverly, Beverly over the last 12 months is $540,000, down 2% from the median home sale price over the previous 12 months.
Median Sale Price
$540,000
Median Single Family Sale Price
$787,000
Median Townhouse Sale Price
$430,000
Median 2 Bedroom Sale Price
$490,000
Median 1 Bedroom Sale Price
$378,750
Average Price Per Sq Ft
$481
Number of Homes for Sale
3
Last 12 months Home Sales
65
Median List Price
$579,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-2%