The Downtown housing market is very competitive. The median sale price of a home in Downtown was $475K last month, up 9.8% since last year. The median sale price per square foot in Downtown is $387, up 15.2% since last year.
What is the housing market like in Downtown today?
$475K
Sale Price
+9.8% since last year
$387
Sale $/Sq. Ft.
+15.2% since last year
Over List Price
2.3%
Days on Market
18.5
Down Payment
10.0%
Total Homes Sold
6
To compare other locations to the Downtown and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Peabody add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Downtown housing market?
Downtown is very competitive. Homes sell in 18.5 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 19 days.
Hot homes
can sell for about 7% 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 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Downtown.
Risk Factor
Flood Factor - Moderate
16% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Downtown has a moderate risk of flooding. 155 properties in Downtown are likely to be
severely affected
by flooding over the next 30 years. This represents 16% of all properties in Downtown. Flood risk is increasing slower than the national average.
39% of properties are at risk of wildfire over the next 30 years
Fire Factor
Downtown has a moderate risk of wildfire. There are 613 properties in Downtown that have some risk of being affected by wildfire over the next 30 years. This represents 39% of all properties in Downtown.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Downtown has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Downtown is most at risk from hurricanes. 1,550 properties in Downtown 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 101 mph.