North Shore working-class community transformed by Route 1 corridor growth—mix of historic colonial charm and practical modern living with strong community values
Danvers balances North Shore history (originally Salem Village, site of 1692 witch trials) with practical Route 1 corridor living. Median $625K pricing makes it one of the most affordable North Shore towns, with strong community character and reasonable schools. Trade-offs include car dependency, Route 1 traffic, and lower appreciation rates than premium suburbs. But for families who want North Shore access without Beverly/Peabody pricing, it offers compelling value.
Median home built in 1962. Insurance premiums estimated at $2,200/year. Some older homes may require system updates (electrical, plumbing, HVAC).
Estimate your annual homeowners insurance premium
Leave blank to use town median (1962)
Total insurance cost over 30-year mortgage (equivalent to 0.4% of home value)
This home costs $589 more per year to insure than a newly built home. Over 30 years, that's $17,670 in additional insurance costs.
* Estimates based on Massachusetts state averages and typical underwriting criteria. Actual premiums vary by carrier, coverage limits, deductible, claims history, and credit score. For accurate quotes, contact a licensed insurance agent.
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