The Downtown Revere housing market is very competitive. The median sale price of a home in Downtown Revere was $590K last month, down 16.9% since last year. The median sale price per square foot in Downtown Revere is $428, up 26.1% since last year.
What is the housing market like in Downtown Revere today?
In April 2024, Downtown Revere home prices were down 16.9% compared to last year, selling for a median price of $590K. On average, homes in Downtown Revere sell after 14 days on the market compared to 29 days last year. There were 11 homes sold in April this year, up from 11 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$590,000
-16.9% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Downtown Revere, MA
$590,000
-16.9%
United States
To compare other locations to the Downtown Revere and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Revere add value to a home.
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How hot is the Downtown Revere housing market?
Downtown Revere is very competitive. Homes sell in 16 days.
0
100
87
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% above list price and go pending in around 16 days.
Hot homes
can sell for about 8% above list price and go pending in around 11 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Downtown Revere housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Downtown Revere.
Risk Factor
Flood Factor - Moderate
23% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Downtown Revere has a moderate risk of flooding. 235 properties in Downtown Revere are likely to be
severely affected
by flooding over the next 30 years. This represents 23% of all properties in Downtown Revere. Flood risk is increasing faster than the national average.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Downtown Revere has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Downtown Revere is most at risk from hurricanes. 1,937 properties in Downtown Revere have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 92 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 100 mph.