Peabody, MA Housing Market
The Peabody housing market is very competitive. Homes in Peabody receive 6 offers on average and sell in around 21 days. The median sale price of a home in Peabody was $610K last month, up 6.7% since last year. The median sale price per square foot in Peabody is $386, up 1.7% since last year.
Peabody Housing Market Trends
In March 2024, Peabody home prices were up 6.7% compared to last year, selling for a median price of $610K. On average, homes in Peabody sell after 21 days on the market compared to 19 days last year. There were 20 homes sold in March this year, up from 20 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Peabody housing market?
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 3 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 20 days.
- Hot homescan sell for about 7% above list price and go pending in around 12 days.
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 3 months
- Most homes get multiple offers, often with waived contingencies.
- The average homes sell for about 4% above list price and go pending in around 15 days.
- Hot homescan sell for about 9% above list price and go pending in around 8 days.
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 3 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 20 days.
- Hot homescan sell for about 6% above list price and go pending in around 14 days.
Peabody Migration & Relocation Trends
- Across the nation, 2% of homebuyers searched to move into Peabody from outside metros.
- New York homebuyers searched to move into Peabody more than any other metro followed by Hartford and San Francisco.
- 82% of Peabody homebuyers searched to stay within the Peabody metropolitan area.
- Portland was the most popular destination among Peabody homebuyers followed by Lebanon and Miami.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 2,367 | ||
2 | 1,280 | ||
3 | 400 | ||
4 | 312 | ||
5 | 131 | ||
6 | 108 | ||
7 | 105 | ||
8 | 28 | ||
9 | 17 | ||
10 | 8 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 3,041 | ||
2 | 1,853 | ||
3 | 1,807 | ||
4 | 1,019 | ||
5 | 995 | ||
6 | 895 | ||
7 | 753 | ||
8 | 664 | ||
9 | 394 | ||
10 | 347 |
View houses in Peabody that sold recently
Recently sold homes
- $740,000 Last Sold Price3 beds3 baths1,880 sq ft22 Macarthur Cir, Peabody, MA 01960List Price$749,900Sale to List1% under listDays on Market34 days22 Macarthur Cir, Peabody, MA 01960
- $650,000 Last Sold Price4 beds1.5 baths1,995 sq ft9 Nancy Ave, Peabody, MA 01960List Price$579,900Sale to List12% over listDays on Market36 days9 Nancy Ave, Peabody, MA 01960
- $635,000 Last Sold Price4 beds1.5 baths2,230 sq ft1 Columbus, Peabody, MA 01960List Price$589,000Sale to List8% over listDays on Market57 days1 Columbus, Peabody, MA 01960
- $690,000 Last Sold Price4 beds2 baths1,576 sq ft101 Russell St, Peabody, MA 01960List Price$679,000Sale to List2% over listDays on Market43 days101 Russell St, Peabody, MA 01960
- $555,000 Last Sold Price3 beds2 baths1,704 sq ft45 Reed Rd, Peabody, MA 01960List Price$525,000Sale to List6% over listDays on Market79 days45 Reed Rd, Peabody, MA 01960
- $550,000 Last Sold Price3 beds1 bath1,551 sq ft25 Forest St, Peabody, MA 01960List Price$519,900Sale to List6% over listDays on Market36 days25 Forest St, Peabody, MA 01960
- $526,771 Last Sold Price3 beds1.5 baths1,680 sq ft91 Russell St, Peabody, MA 01960List Price$450,000Sale to List17% over listDays on Market59 days91 Russell St, Peabody, MA 01960
- $930,000 Last Sold Price7 beds3 baths3,108 sq ft17 Warren St, Peabody, MA 01960List Price$949,999Sale to List2% under listDays on Market20 days17 Warren St, Peabody, MA 01960
See all recently sold homes in Peabody.
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Schools in Peabody
- Elementary
- Middle
- High
GreatSchools Rating
7/10 Huckleberry Hill School Public • K-4 | 434 Students | 8 reviews |
7/10 Great Oak Elementary School Public • K-5 | 371 Students | 3 reviews |
6/10 John E. McCarthy Public • PreK-5 | 362 Students | 6 reviews |
6/10 Lynn Woods Elementary School Public • K-5 | 177 Students | 1 reviews |
5/10 Highlands Elementary School Public • K-5 | 384 Students | 3 reviews |
Climate's impact on Peabody housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Peabody.
Flood Factor - Moderate
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Major
Wind Factor
Wind likelihood over time
Heat Factor - Major
Heat Factor
Transportation in Peabody
Walk Score®
Bike Score®
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