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Downtown Beverly

Downtown Beverly

$695,407 Average Value
$469 Average Price per Sq Ft
5 Homes For Sale

Seaside community mixes suburban and urban living

The historic city of Beverly is located about 25 miles north of Boston on the North Shore. Occupied by colonial settlers in 1626, Beverly became a city in 1894. Beverly’s coastline is over 8 miles long and connects many of its parks, beaches and miles of trails. This seaside community consists of several distinct neighborhoods, as well as a good number of churches of different denominations. Downtown Beverly is, by far, the most urban part of the city. “They’ve been revitalizing downtown, and we have a ton of new restaurants and apartments,” says Betsy Woods, a Realtor with Leading Edge Real Estate, who’s been selling homes in Beverly for over 17 years. “It’s a suburban city, but there’s a lot of activity going on.”

Shopping and dining on Cabot and Rantoul streets

Downtown’s main draw is the abundance of local businesses, including Gloria Food Store, a family-owned deli; Bonny Breads, a popular bakery; and Ward’s Florist, which has been making planter baskets for over 50 years. There are also sit-down restaurants like Anchor Pub & Grille for burgers and drinks and Anmol for traditional Indian dishes. “Cabot Street and Rantoul Street are the busiest areas downtown,” says David Brown, a Realtor with Coldwell Banker Realty, who’s been selling homes here for nearly a decade. “They run parallel to each other as well, which is very convenient.” There’s also a Stop & Shop, CVS and Walgreens.

Explore a myriad of flavors at Bonefish Harrys's in Downtown Beverly.
Explore a myriad of flavors at Bonefish Harrys's in Downtown Beverly.
Soy Much Brighter in Downtown Beverly has local gifts and unique candles.
Soy Much Brighter in Downtown Beverly has local gifts and unique candles.
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Recreation and history at Lynch Park

The city's landscape goes from the urban setting of downtown to the rural atmosphere of the Beverly Farms and Prides Crossing areas. Along the seaside, Lynch Park includes beaches, a splash pad, concession stand and a rose garden and carriage house that are available to rent for weddings and other events. The carriage house, also called "Stetson Cottage," carries its own interesting background as the summer home for John Stetson, who created the Stetson Hat Co. President William Taft also spent a couple summers there during his presidency in the early 1900s.
Sandy Point, one of the more popular public beaches in the city, has park benches to sit on and watch the sunset. Brackenbury Beach sits between two private beaches and lays claim to magnetic black sand. For those looking to escape the summer heat or frigid winters, Downtown Beverly has the recently renovated Cabot theater, which hosts concerts, stage plays and film screenings. “It’s become a centerpiece of downtown,” says Brown. “It’s a popular place for community gatherings too.” There’s also the Greater Beverly YMCA with an indoor and outdoor pool, sports courts and a gym.

Frolick through the grass with your loved ones at Lynch Park in Downtown Beverly.
Frolick through the grass with your loved ones at Lynch Park in Downtown Beverly.
Meander through the Italianate rose garden at Lynch Park in Downtown Beverly.
Meander through the Italianate rose garden at Lynch Park in Downtown Beverly.
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Annual events like LobsterFest and Harborfest in Lynch Park

The city hosts a wide array of annual events throughout the year. One of the most popular gatherings, Beverly Homecoming, is a 55-year-old tradition that takes place in Lynch Park. The event, which happens in August, offers fireworks, live music, lawn games and LobsterFest, where residents can enjoy traditional boiled lobster and lobster rolls. Harborfest takes place in September at Lynch Park with live music, a local beer garden and food from local restaurants. Arts Fest is held on Cabot St in June and gives access to over 125 juried fine artists, local food vendors and kids’ activities. Two downtown block parties in the summer and fall offer live music and local eats on the streets. There are also holiday events like Downtown Trick or Treat and the Beverly Holiday Parade.

Residents look forward to hearing local bands perform at the Beverly Block Party.
Residents look forward to hearing local bands perform at the Beverly Block Party.
Flags wave at Warrior Weekend in Beverly.
Flags wave at Warrior Weekend in Beverly.
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Older homes and condos in Downtown Beverly

The houses downtown tend to be older colonial or Cape Cod styles. Some homes remain as single-family residences, but many have been divided into apartments and condominiums. The housing market is competitive, with homes usually selling after two weeks on the market. Prices range from $250,000 to $500,000 for condos and $400,000 to $700,000 for single-family homes.

Beautiful Victorians overlook the ocean in Downtown Beverly.
Beautiful Victorians overlook the ocean in Downtown Beverly.
Many colonial-style homes have been converted into condos in Downtown Beverly.
Many colonial-style homes have been converted into condos in Downtown Beverly.
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Ice hockey and sailing at Beverly High

Students may start at Cove Elementary, which earns a B-plus rating from Niche, for kindergarten through fourth grade, before transitioning to Beverly Middle, unrated by Niche, for fifth through eighth grade. They may then attend Beverly High, which gets a B rating and offers athletics programs like ice hockey in the winter and sailing in the spring.

Beverly Middle School is large newer building in Beverly.
Beverly Middle School is large newer building in Beverly.
Beverly High School is rated above average among other high schools in the state.
Beverly High School is rated above average among other high schools in the state.
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Options for public transit and car travel

Beverly residents have access to commuting options including rail stations, bus routes, a regional airport and easy access to Route 128. “We have a lot of commuters going to Boston for work,” says Woods. “From every part of the city, you can easily get to one of the five train stations.”

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Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Parks in this Area

Transit

Airport

General Edward Lawrence Logan International

30 min drive

Train

Beverly Depot

Bus

Cabot St & Pickett St

Bus

Cabot St - Ellis Square Ymca

Bus

46 Cabot St

Bus

Rantoul St & Edwards St

Bus

Elliott St & Cabot St

Bus

Commuter Rail Station - Beverly

Bus

Beverly City Hall

Downtown Beverly Demographics and Home Trends

Housing Trends

Median List Price
$579,000
Median Sale Price
$537,500
Median Single Family Sale Price
$710,000
Median Townhouse Sale Price
$1,065,000
Median 2 Bedroom Sale Price
$486,250
Median Change From 1st List Price
0%
Last 12 months Home Sales
74
Median Home Sale Price YoY Change
-4%
Average Price Per Sq Ft
$469

Neighborhood Facts

Number of Homes in Neighborhood
2,105
Number of Homes for Sale
5
Median Year Built
1912
Months of Supply
0.80
Average Single Family Home Size Sq Ft
1,865
On par with the national average
1,925
Average Townhouse Size Sq Ft
2,602
Average 2 Bedroom Size Sq Ft
1,108
Average 1 Bedroom Size Sq Ft
746
Median Lot Size Sq Ft
4,791

Open Houses

  • Sunday, Sep 21
    11am - 12:30pm

    29 Railroad Ave, Beverly, MA 01915

    $859,000

    • 3 Beds
    • 3 Baths
    • 2,237 Sq Ft
    • 29 Railroad Ave
    • New 2 days ago

    In the very heart of Beverly. Same owner for 49 years! Currently fully occupied. Great opportunity to buy a 3 family in downtown Beverly! Easy access to Commuter rail & public transportation. Close to Beach, parks, restaurants, theatre, and so much more! Come check this one out!, won’t last! Being sold as is! First showing at Open House Sunday 9/21 11-12:30.

    Heidi Gallo J. Barrett & Company

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  • Saturday, Sep 20
    2 - 4pm

    21 Summit Ave Unit 2, Beverly, MA 01915

    $499,000

    • 2 Beds
    • 2 Baths
    • 932 Sq Ft
    • 21 Summit Ave
    • Unit 2
    • New 3 days ago

    This recently built townhouse has everything you need in a home. Well kept and gently lived in. This space boasts modern appeal and functionality. Upgraded appliances including central cooling & heating, on demand hot water, laundry, dishwasher and disposal. The unit also has recessed lighting, modern kitchen and bath finishes, additional storage in the basement and two car parking. Two full

    Christopher Angles Christopher Martin Angles

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  • Sunday, Sep 21
    1 - 3pm

    117 Water St Unit 28, Beverly, MA 01915

    $685,000

    • 2 Beds
    • 2 Baths
    • 1,215 Sq Ft
    • 117 Water St
    • Unit 28
    • New 23 days ago

    Ocean views from this lovely townhome located at 117 Water St U:28 in Beverly, Massachusetts, offering a unique opportunity to embrace comfortable living in a desirable area. Built in 1985, this home presents a canvas for you to create your ideal living space. The residence features two full bathrooms, designed to provide convenience and privacy for all occupants, allowing for a seamless morning

    Andrea Osbon J. Barrett & Company

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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
10,925
Median Age
39
Population Density
11 ppl/acre
Population under 18
19.2%
On par with the national average
23.8%
Population over 65
16.4%
On par with the national average
19.1%

Finances

Median Household Income
$69,467
On par with the national average
$71,702
Average Household Income
$87,478

Education and Workforce

High School Graduates
94.2%
College Graduates
44.2%
Above the national average
34.1%
Advanced Degrees
19.9%
% Population in Labor Force
72.1%
Above the national average
65.1%

Weather

Annual Precipitation
48''
Average Winter Low Temperature
17°F
Average Summer High Temperature
80°F
Annual Snowfall
26''

Area Factors

Bikeable

Bike Score®

59 / 100

Walker's Paradise

Walk Score®

97 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Nearby Neighborhoods

Reviews

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Downtown Beverly