How much do homes in Peabody, MA cost?

Median List Price

$499,900

Based on all homes listed in the last 12 months.

Difference Since July 2020

+$50,000(+11.1%)

Key Takeaway

The list price of homes in Peabody has increased by 11.1% since last year.

Housing Market Conditions

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Key Takeaway

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Median List Price By Bedroom Count

# BEDSJul 2020Jul 2021%
1 $232.5K$227.4K-2.2%
2 $349.9K$374.9K+7.1%
3 $459.4K$509.5K+10.9%
4 $544.9K$579.9K+6.4%
5+ $604.9K$649.9K+7.4%

Median List Price Compared To Nearby Cities

Middleton
+15.9%
Danvers
+14.2%
Lynn
+12.1%
Peabody
+11.1%
Lynnfield
+7.1%

How many homes are available in Peabody, MA?

Number of Homes For Sale

Jun 2021Jul 2021%
1691690.0%

Homes For Sale By Bedroom Count

# BEDSJun 2021Jul 2021%
1 550.0%
2 2837+32.1%
3 7365-11.0%
4 41410.0%
5+ 2221-4.5%

Asking Price vs. Sold Price

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Key Takeaway

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Average Listing Age

Jul 2020Jul 2021%
74 Days60 Days-19.0%

Breakdown of Home Sale Times

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About Peabody, MA

There are 169 homes are for sale in Peabody, MA real estate market. Listings spent 60 days on the market in July 2021, and had a median list price of $499,900 during the same period. From June 2021 through July 2021, the following changes in listing prices were observed in this housing market: 1 bedroom properties prices decreased by 2.2%, prices of 2 bedrooms properties increased by 7.1%, 3 bedrooms properties became 10.9% more expensive, prices of 4 bedrooms properties increased by 6.4%, 5 bedrooms properties prices increased by 7.4%. Volume of homes for sale changed: number of 1 bedroom homes remained the same, number of 2 bedrooms homes increased by 32.1%, volume of 3 bedrooms homes went down by 11%, 4 bedrooms homes inventory did not change, 5 bedrooms homes inventory decreased by 4.5%. While more than 50 listings in Peabody, MA in July 2021 were sold above asking price, there were more than 0 listings sold at asking price, and more than 2 were sold below.

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