City Guide
Peabody, MA
Overview
Peabody, MA, is famous for being the world's largest producer of leather during the early 1900s. It is considered a small city with a population of 53,026 people living in Peabody. There are a lot of fun and fascinating facts about the city, one of which is that in 1868, the city changed its name from South Danvers to Peabody, after George Peabody, a famous philanthropist. Another cool fact about Peabody is that it is the birthplace of Revolutionary War hero General Gideon Foster.
What’s it like to live in Peabody, MA ?
If you're looking to buy a home for sale in Peabody, MA you'll find that the median sale price is
$707,500
and homes stay on the market for 20 days. You'll find that the median sale prices of
a single family home and a condo/co-op in Peabody are $727,500
and $355,000
, respectively. Peabody area townhouses have a median sale price of $612,000
, making them less expensive
than single family homes. If you’re not ready to buy a home, consider one of the many apartments for rent in Peabody, MAExplore our Peabody housing market page for insights about how home values have changed over
the years and how Peabody home prices compare to other markets. Explore our Peabody rental market trends page for insights about how rental prices have changed and how Peabody rental prices compare to other rental markets. If you're curious about the most valuable home features in Peabody, or looking for a new home improvement project,
discover what home features and design trends may help increase your home's value.
Popular neighborhoods in and around Peabody
| Neighborhood | Median Sale Price | Compete Score | Walk Score | Real Estate |
|---|---|---|---|---|
| South Peabody | $675,000 | 90 / 100 | 35 / 100 | For SaleFor Rent |
| West Peabody | $740,500 | 84 / 100 | 22 / 100 | For SaleFor Rent |
| South Lynnfield | -- | -- | -- | For SaleFor Rent |
| South Salem | $623,000 | 86 / 100 | 66 / 100 | For SaleFor Rent |
| Danvers Center | -- | -- | -- | For SaleFor Rent |
Popular homes for sale in Peabody
See all homes for sale
Rental listings in Peabody
See how much rent you can affordSee all rental listings
Peabody Migration & Relocation Trends
In Feb '25 - Apr '25, 20% of Peabody homebuyers searched to move out of Peabody, while 80% looked to stay within the metropolitan area.
- Across the nation, 3% 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 Springfield.
Where are people moving to Peabody from?
- 80% 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.
Where are people from Peabody moving to?
Number of People Moving to Peabody
least
most
People are moving to Peabody from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Feb '25 - Apr '25 | ||
| 1 | 4,289 | ||
| 2 | 3,609 | ||
| 3 | 1,519 | ||
| 4 | 388 | ||
| 5 | 338 | ||
| 6 | 335 | ||
| 7 | 277 | ||
| 8 | 160 | ||
| 9 | 13 | ||
| 10 | 12 | ||
People are leaving Peabody for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Feb '25 - Apr '25 | ||
| 1 | 3,269 | ||
| 2 | 2,030 | ||
| 3 | 1,415 | ||
| 4 | 927 | ||
| 5 | 886 | ||
| 6 | 785 | ||
| 7 | 710 | ||
| 8 | 574 | ||
| 9 | 483 | ||
| 10 | 396 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
What is there to do in Peabody, MA ?
There are a lot of wonderful ways to spend your time in Peabody, MA. From enjoying local art, dining at some of the best restaurants in town, or spending time at a park, there's something for everybody in Peabody. Home to 4 museums, add these popular destinations to your list - George Peabody House, Peabody Historical Society, and The Peabody Leatherworkers Museum. Peabody is known for its nature preserves and parks. You can spend time lounging in green spaces such as Lt. Ross Park, Raddin Park, and Leather City Common. Some of the must-try restaurants and eateries in Peabody include the Land 'n Sea Restaurant, Century House Restaurant, and Su Chang's Restaurant.
Explore some of the best things to do in Peabody
What's the best way to get around Peabody, MA ?
The best way to get around Peabody is by car, but there are many methods for getting around the city. If you’re exploring the city by foot, Peabody has a walk score of 43, meaning this area is car dependent. Most bus stations and rail stations are located in 01960. You can also get around Peabody by bike. With a bike score of 35, there is a minimal amount of infrastructure for biking.
Car-Dependent
Walk Score®
Somewhat Bikeable
Bike Score®
Peabody Transportation
Bus Station
Buses can be found throughout the city and are easily accessible to commute in the city.
Rail Station
Peabody has 1 heavy rail station; Accurate Logistics Group. This means you might be able to use heavy rail to commute or travel, depending on where you live and where you want to go.
Tram Station
Our data indicates this city does not have this transportation type.
Metro Station
Our data indicates this city does not have this transportation type.
Car & Bike Rentals
Renting a car is another good way to get around the city. There are 5 car rental locations.
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