Why Live in Annisquam
Annisquam, a neighborhood in Gloucester, Massachusetts, is characterized by its rolling hills and winding roads, with homes ranging from early 1900s builds to modern constructions. The area features diverse architectural styles, including Cape Cod, Colonial Revival, traditional farmhouse, and cottage-inspired designs. Properties often include secondary units and detached garages, with lot sizes from 7,000 square feet to over 2 acres. Residents have access to private beaches like Cambridge Beach and Lighthouse Beach, which offers views of the historic Annisquam Lighthouse. The Annisquam Yacht Club, established in 1896, provides summer activities such as sailing and tennis. Nearby Halibut Point State Park is popular for hiking, fishing, and birding, while Wingaersheek Beach and local forests like Annisquam Woods offer additional outdoor attractions.
The neighborhood's cultural scene includes the Annisquam Village Players, a community theater with over a century of history, and the Annisquam Exchange, a consignment shop and gallery supporting local charities. Dining options feature Talise, a seasonal restaurant known for its New American cuisine with locally sourced ingredients. Year-round amenities include Market Basket and Shaw’s, about 5 miles south, with larger retailers like Target and Walmart 20 miles away in Danvers.
Annisquam is served by Gloucester Public Schools, with Plum Cove Elementary being a highly rated option. The community is car-dependent, but Massachusetts State Route 127 and the Cape Ann Transportation Authority offer connectivity to downtown Gloucester and Boston, 38 miles away. The area has a low crime risk compared to the national average.
Frequently Asked Questions
Is Annisquam a good place to live?
Annisquam is a good place to live. Annisquam is considered very car-dependent and somewhat bikeable with some transit options. Annisquam has 2 parks for recreational activities. It has a median age of 54. The average household income is $148,492 which is above the national average. College graduates make up 47.3% of residents. A majority of residents in Annisquam are home owners, with 17.5% of residents renting and 82.5% of residents owning their home. A
local real estate agent serving Annisquam can help you decide if this neighborhood is the right one for you. Learn more on our
Annisquam neighborhood guide.
How much do you need to make to afford a house in Annisquam?
The median home price in Annisquam is $339,950. If you put a 20% down payment of $68,000 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $1,760 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $75K a year to afford the median home price in Annisquam. The average household income in Annisquam is $148K.
What are the best public schools in Annisquam?
The best public schools that serve Annisquam are:
What are the best private schools in Annisquam?
The best private schools that serve Annisquam are:
What are the most popular zip codes in Annisquam, Gloucester, MA?
What are the most popular neighborhoods near Annisquam, Gloucester, MA?
Are home prices dropping in Annisquam?
Yes, home prices in Annisquam are down 71% in the last 12 months.
Home Trends in Annisquam, MA
On average, homes in Annisquam, Gloucester sell after 28 days on the market compared to the national average of 70 days. The median sale price for homes in Annisquam, Gloucester over the last 12 months is $595,000, down 76% from the median home sale price over the previous 12 months.
Median Sale Price
$595,000
Median Single Family Sale Price
$339,950
Average Price Per Sq Ft
$250
Number of Homes for Sale
1
Last 12 months Home Sales
4
Median List Price
$339,950
Median Change From 1st List Price
17%
Median Home Sale Price YoY Change
-76%