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Beverly, MA Real Estate


According to census data in the year 2000 there were 16,275 housing units in Beverly. This represents a 4% growth from 15,652 in 1990.

Of those housing units, 16,275 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Beverly is about 60%. Beverly's vacancy rate, including seasonal lodging, is about 3.2%. Average household size is 2.39 people.

The majority of houses, apartments or condos in Beverly were built after 1951.

Statistics

Housing Size

Housing Units by Size
Studio Type1.90%
One Bedroom17.90%
Two Bedrooms27.10%
Three Bedrooms33.90%
Four Bedrooms15.50%
Five Bedrooms or more3.70%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.76
Median year structure was built1950
Median Value of occupied units$224,800
Median Price asked for vacant units$209,400

Rented Homes, Apartments and Condos

Average Household Size1.84
Median year structure was built1951
Median Monthly Rent asked for vacant units$820

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage4.90%
Home Equity Loan10.80%
Simple Mortgage53.90%
Debt Free30.10%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs20.2%