Beverly, MA 01915 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Beverly, MA—01915

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$772,000

3.3% YoY Growth

Household Income

$102,000

28.8% YoY Growth

Days on Market

58.0% Longer YoY

Home Price Forecast

0.2%

Median Rent

$2,600

3.0% YoY Growth

1-Bed Rent

$2,320

7.2% YoY Growth

2-Bed Rent

$2,700

5.9% YoY Growth

3-Bed Rent

$3,400

25.7% YoY Growth

Home Price Trends — Beverly, MA

As of May '26, the median home price in Beverly, MA is $772,000, with a year-over-year change of 3.3%. This indicates that home prices in Beverly, MA are increasing. According to Zillow, the 1-year price projection is 0.2%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$772,000	3.3%
Single Family	$805,000	3.1%
Condos	$481,000	1.5%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Beverly, MA

As of July '25, Rentcast reports the average rent in Beverly, MA is $2,760, with a year-over-year rent change of 3.0%. Per bedroom, the median rent as of July '25 in Beverly, MA is studios: $1,960, 1-bedrooms: $2,380, 2-bedrooms: $2,880, 3-bedrooms: $3,820, 4-bedrooms: $5,400. The most common rental property sizes in Beverly, MA are 1-bedroom and 2-bedroom, accounting for 42.3% and 31.1% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,600	$2,760
Studio Rent	$1,960	$1,960
1 Bed Rent	$2,320	$2,380
2 Bed Rent	$2,700	$2,880
3 Bed Rent	$3,400	$3,820
4 Bed Rent	$3,800	$5,400

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% of Rental Stock

Studio

6.5%

1 Bedroom

42.3%

2 Bedrooms

31.1%

3 Bedrooms

16.2%

4 Bedrooms

3.6%

5+ Bedrooms

0.2%

Property Listings — Beverly, MA

As of May '26, Realtor.com reports that the median days on market for a home in Beverly, MA is 25. This is a increase of 58.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 15.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$772,000	-2.0%
Listing Count	108	103.0%
Listings as % of Homes	0.1%	103.0%
Days on Market	25	58.0%

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Demographics — Beverly, MA

As of the latest ACS Survey released in 2023, Beverly, MA has a population of 41,700, which has remained stable by -0.2% over the past 5 years. Beverly, MA is a moderately popular place for families, as children make up 19.4% of the population. The area has a highly educated workforce, with 51.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.5% reporting working from home.

Metric	Latest Census	YoY % Change
Population	41,700	-0.2%
% Under 18	19.4%	15.5%
% Seniors	18.1%	4.6%
% WFH	19.5%	230.5%
% w/ College Degree	51.4%	3.8%

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As of the latest ACS Survey released in 2023, Beverly, MA is a predominantly white area, with 85.3% of the population identifying as white. The white population has shrunk by 5.3% in the last 5 years. The second most common race or ethnicity in Beverly, MA is hispanic, making up 5.7% of the population. Foreign-born residents account for 9.7% of the population in Beverly, MA, and this percentage has increased by 31.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	85.3%	-5.3%
% Black	2.7%	35.0%
% Hispanic	5.7%	26.7%
% Asian	2.4%	33.3%
% Foreign Born	9.7%	31.1%

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Mortgage and Risk — Beverly, MA

According to HUD data as of 2023, there were 593 mortgage originations in Beverly, MA, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 49.0%, with 10.0% above 90% LTV (elevated). This implies medium mortgage risk in Beverly, MA. Investor activity is low, as 2.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	593
% Conventional Loans	95.0%
% Government Loans	5.0%
% Investor Loans	2.0%
% Second Loans	1.0%
% Cash Out Refinance	7.0%

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Rentals and Section 8 — Beverly, MA

As of 2024, the percent of homes in Beverly, MA under the Section 8 program is 15.4%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Beverly, MA, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.

Section 8 Market Size

Total Units under HUD	1,360
Total Units Section 8	1,113
% Rentals under Section 8	15.4%
% Occupied Section 8	88.3%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$140	$2,320	$2,180
2 Bedroom	-$120	$2,700	$2,580
3 Bedroom	-$290	$3,400	$3,110
4 Bedroom	-$380	$3,800	$3,420

Beverly, MA—01915

Key Metrics at a Glance

Home Price Trends — Beverly, MA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Beverly, MA

% of Rental Stock

Property Listings — Beverly, MA

Demographics — Beverly, MA

Race and Ethnicity

Mortgage and Risk — Beverly, MA

Mortgages

Rentals and Section 8 — Beverly, MA

Section 8 Market Size

Section 8 Opportunity

Affordability — Beverly, MA

Home Price to Income Ratio

Beverly, MA — ZIP Code Boundary Map

Nearby ZIP Codes

Prides Crossing

Wenham, MA

Hamilton, MA

Salem, MA

Marblehead, MA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	6.4
Median Home Price	$772,000
Median Household Income	$102,000

Beverly, MA—01915

Key Metrics at a Glance

Home Price Trends — Beverly, MA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Beverly, MA

% of Rental Stock

Property Listings — Beverly, MA

Demographics — Beverly, MA

Race and Ethnicity

Mortgage and Risk — Beverly, MA

Mortgages

Rentals and Section 8 — Beverly, MA

Section 8 Market Size

Section 8 Opportunity

Affordability — Beverly, MA

Home Price to Income Ratio

Beverly, MA — ZIP Code Boundary Map

Nearby ZIP Codes

Prides Crossing

Wenham, MA

Hamilton, MA

Salem, MA

Marblehead, MA

Frequently Asked Questions

What is the average home price in Beverly, MA 01915?

How have home prices in Beverly, MA 01915 changed over the past year?

What is the home price projection for Beverly, MA 01915?

What are the demographics of Beverly, MA 01915?

How long does it take homes to sell in Beverly, MA 01915?

What is the average rent price in Beverly, MA 01915?