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.
Home Trends in Downtown Beverly, MA
On average, homes in Downtown Beverly, Beverly sell after 79 days on the market compared to the national average of 70 days. The median sale price for homes in Downtown Beverly, Beverly over the last 12 months is $269,000, down 35% from the median home sale price over the previous 12 months.
Median Sale Price
$269,000
Median Single Family Sale Price
$269,000
Median 2 Bedroom Sale Price
$450,000
Median 1 Bedroom Sale Price
$210,000
Average Price Per Sq Ft
$370
Number of Homes for Sale
3
Last 12 months Home Sales
66
Median List Price
$269,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
-35%