Market Overview
Home Prices in Beverly, MA
The median home value in Beverly, MA is $779,753 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.2% compared to a year ago and up 1.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Beverly are priced90% above average. Beverly is part of the Boston-Cambridge-Newton, MA-NH metro area.
Over the past five years, Beverly home values have risen by approximately24.7%, reflecting strong long-term appreciation in this market.
Price History
Beverly Home Price Trend
City Comparison
Beverly vs. National Median
At $779,753, homes in Beverly cost 90% above the national median of $410,000. Buyers in Beverly should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Beverly?
20% Down Payment
$155,951
on $779,753
Monthly P&I
$4,067/mo
30-yr @ 6.8%
Total Monthly Est.
~$5,165/mo
incl. taxes & insurance
Income Needed
$206,600
gross annual (30% rule)
10% Down Option
$77,975
+ PMI applies
Loan Amount (20% dn)
$623,802
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Beverly, MA?
The median home value in Beverly is $779,753 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.2% year-over-year.
How much have home prices changed in Beverly?
Over the past year, home values in Beverly have increased by 3.2%. Over five years, prices have risen approximately 24.7%.
How much do I need to earn to buy a home in Beverly?
To comfortably afford the median home price of $779,753 with a 20% down payment ($155,951) at today's rates (6.8%), you'd need a gross annual income of approximately $206,600. This assumes keeping total housing costs at or below 30% of gross income.
How does Beverly compare to the national average home price?
The national median home value is approximately $410,000. At $779,753, homes in Beverly are 90% above the national average.
What metro area is Beverly part of?
Beverly is part of the Boston-Cambridge-Newton, MA-NH metropolitan area. Home prices and market conditions can vary across the broader metro region.