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Off the top of my head, I'd say some of the best bets are: Andover, Hamilton/Wenham, Marblehead, and the Masconomet (Topsfield, Middleton, and Boxford) district. Of course none of these towns are renowned for their inexpensive houses, lol, but your price range could be accommodated, nowhere more so than in Middleton.
In your current "back yard," the schools of either Concord/Carlisle or Acton/Boxborough would deliver good bang for the buck. Your housing dollar would go appreciably farther in the latter district.
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