Is Peabody, MA a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Peabody is a seller's market


Difference Since May 2021

Since last year, Peabody has remained a Seller's Market.

Key Takeaway

Peabody is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Peabody, MA cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since May 2021


Key Takeaway

Homes in Peabody have sold for 16.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2021May 2022%
1 $210K$280K
2 $366.2K$410K
3 $503K$585.5K
4 $578K$652.5K
5+ $659.9K$720K

Median Sold Price Compared To Nearby Cities


How many homes are available in Peabody, MA?

Number of Homes For Sale

Apr 2022May 2022%

Homes For Sale By Bedroom Count

# BEDSApr 2022May 2022%
1 55
2 3934
3 3847
4 2122
5+ 1316

Number of Homes Sold

Apr 2022May 2022%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

28 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Peabody, you could pay more than the asking price. 93.3% of homes here sold above asking price last month.

Average Sale Time

May 2021May 2022%
15 Days13 Days-13.0%

Breakdown of Home Sale Times

30 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Peabody are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Peabody, MA

Peabody, MA has 124 homes for sale to choose from. The inventory of homes for sale in Peabody, MA between April 2022 and May 2022 increased by 6.9%. In May 2022 median list price was $570,000 and the average listing age was 13 days. Listing prices have changed in this real estate market between April 2022 and May 2022: prices of 1 bedroom properties increased by 33.3%, prices of 2 bedrooms properties went up by 11.9%, the cost of 3 bedrooms properties went up by 16.4%, 4 bedrooms properties prices increased by 12.9%, prices of 5 bedrooms properties increased by 9.1%. This housing market inventory have changed: the quantity of 1 bedroom homes have not changed, number of 2 bedrooms homes decreased by 12.8%, 3 bedrooms homes became 23.7% more available, the quantity of 4 bedrooms homes went up by 4.8%, number of 5 bedrooms homes increased by 23.1%. In May 2022 more than 28 listings in Peabody, MA were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 1 were sold below.

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