Manchester-by-the-Sea

50 min to Boston
"Luxury North Shore coastal with exclusive community and high-end homes"
Median Price
$1,688,000
$850/sqft
School Rating
8.5/10
Great
Appreciation
5.2%
per year
Commute
50 min
to downtown

Financing Considerations

Properties in Manchester-by-the-Sea typically require jumbo financing with stricter underwriting, larger down payments (20–25%+), and higher reserve requirements.

Learn about loan thresholds, property condition impact, flood/wind insurance, and how vintage homes (common in many MA towns) affect mortgage approval.

The Vibe

Exclusive North Shore coastal community with luxury homes, yacht club, and affluent residents

What It's Really Like

Manchester-by-the-Sea is North Shore luxury—exclusive coastal community, yacht club, high-end homes, and residents who chose prestige over convenience.

Best For

  • Luxury buyers
  • Coastal living seekers
  • Exclusive community lovers
  • Long-term investors

Avoid If

  • You need urban amenities
  • You want affordable housing
  • You prefer diverse communities

🌟Highlights

Yacht club and sailing community
🏖️Exclusive coastal setting
🏫Excellent schools (8.5/10)
🏡Luxury waterfront homes

Insider Tips

  • 💡Waterfront properties are extremely valuable
  • 💡Community is very tight-knit
  • 💡Property values are very stable

Demographics

Population
5,779
Median Age
46.2
Median Income
$224,967
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