How Much Does An Average Home Cost in Beverly?

You're probably not going to be shocked to hear this, but... Beverly homes aren't uber-expensive. But they're not especially cheap, either.

The average cost of a Beverly home ranks it 61st in the state of Massachusetts. 

In this year's edition of Coldwell Banker's national Home Listing Report, released Thursday, Nov. 29, the average price of a typical four bedroom, two bath home is listed at $292,152.

When it comes to Beverly, however, that price jumps to $456,765, which makes it the 61st most expensive home market in the Commonwealth.

This year’s report analyzes more than 72,000 home listings in more than 2,500 U.S. markets, comparing the listing prices of similar homes in markets across the country from January 2012 to June 2012, according to Coldwell Banker.

Perhaps not surprisingly, Weston soared to the top of the list in Massachusetts, with an averge cost of $1,105,692—it's a price tag that landed the commonweath community in the 14th spot when it comes to most expensive homes in the country.

 

Rank in Massachusetts Community  Average Price 1 Weston $1,105,692 6 Marblehead $826,208 35 Danvers $574,690 53 Gloucester $497,422 61 Beverly $456,765
77 Peabody $398,380 108 Lynn $221,276 116* Springfield $136,405

Source: Coldwell Banker's Massachusetts Home Listing Report. *Communities in Massachusetts were ranked from 1 to 116 in the report.