Is Danvers, MA 01923 a buyer’s or seller’s market?

The Danvers housing market right now

In the three months ending August 31, 2026, 53% of homes in Danvers, MA 01923 sold above their list price, the typical home went under contract in 22 days and there were 2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 66 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 66%, homes sold more slowly (20 days then) and the median sale price rose 3% to $708,194. Overall, Danvers is less competitive than a year ago, which gives buyers more room.

Within Essex County, homes here sell more slowly than in 71% of the county’s ZIP codes, and sell more often over asking than in 54%. On our competition score, Danvers ranks #139 of 362 MA ZIP codes with enough sales (score 86 out of 100).

Nearby, buyers who want less competition could look at Nahant 01908 (0% sold over asking) or Lynn 01901 (0% sold over asking), while Groveland 01834 (74% sold over asking) and Wenham 01984 (71% sold over asking) are even more competitive.