Peabody, MA Home Values & Market Trends

Real estate market trends reflect that there have been 477 transactions over the past year in Peabody. The median value for residential home transactions that occurred over the previous year is $640,737.76. The number of current listings in Peabody is 11, and the percentage of properties for sale in the city is 11.00%. Peabody, MA currently has 28 properties in foreclosure, 1 bank owned properties, 7 properties headed for auction, and 11 properties for sale.

Peabody, MA Real Estate Market Overview

ZipMedian Est. Value
01960

$ 633,600

$ 353/sqft

Housing Market Summary for Peabody, MA

Mar 2023February 2024Change
Median Listing Price$529.4K$598.6K13.07%
Median Sold Price$560.1K$598.6K6.88%
Homes For Sale1212-
Homes Sold225208-7.56%
Price
$/Sqft
Homes For Sale
0
0

Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

0
0

Browse Homes in Peabody, MA

Peabody home values range from $96,431 to $5,386,969. The median estimated value of a home in Peabody is $640,737.76. The median list price of a home is 590,000, and the total count of properties in the city is 14,312.

Foreclosure
There is 1 zips within Peabody, MA; within this zips, the median estimated home value for homes in foreclosure ranges from $844,232 in 01960 to the lowest value of $273,750 in 01960. Foreclosure homes account for 0.00% of properties in Peabody, MA with 01960 containing 28 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.14% of all residential properties in Peabody, MA with 01960 containing 20 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Peabody, MA; of that zips, the estimated home value for pre-foreclosure homes ranges from $844,232 in 01960 to the lowest home value of $516,389 in 01960.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Peabody, MA ranges from the highest value of $273,750 in 01960 to the lowest value of $273,750 in 01960. Bank owned homes and properties account for 0.01% of properties in Peabody, MA. There is 1 zips within Peabody, MA; 01960 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    01960 has 7 auction properties, the highest number of properties going to auction in a single zip in the state of Peabody, MA. Auction homes and other auction properties account for 0.05% of all properties in Peabody, MA. There is 1 zips within Peabody, MA; of that zips, the median estimated home value for homes going to auction ranges from $669,000 in 01960 to the lowest value of $450,000 in 01960.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.08% of residential properties in Peabody, MA with 01960 containing 11 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Peabody, MA; homes for sale in that zips, have a range of median values from $816,772 in 01960 to the lowest value of $450,000 in 01960.
    Sold Homes
    The median value for recently sold homes ranges from $1,186,868 in 01960 to the lowest price of $240,085 in 01960. There is 1 zips within Peabody, MA. 01960 has 204 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.43% of properties in Peabody, MA.

      Compare Nearby Cities

      Price
      $/Sqft
      Homes For Sale
      0
      0
      Peabody, MA
      $
      $

      Guide for Peabody, MA

      Market Reports
      Boston Real Estate: A Year of Growth – Market Report March 2024
      Investing Strategies
      How To Identify The Best Cities to Invest In 2024
      New York
      Upward Trend in Houston’s Real Estate Market: Comprehensive Analysis of 2023-2024 Trends
      Investing Strategies
      Saint Louis Real Estate Rebounds: Roller Coaster Trends Mark 2023-2024 Market Outlook
      See More Articles
      Boston Real Estate: A Year of Growth – Market Report March 2024
      Market Reports|posted 14 March 2024

      This analysis highlights the significant growth in Boston’s real estate market with increasing property values, and the diversity of pricing in its neighborhoods. It presents a dynamic market catering to a wide range of buyers and investors, from high-end to more economic entry points.

      How To Identify The Best Cities to Invest In 2024
      Investing Strategies|posted 28 March 2024

      How to find the cities to invest in for 2024 and make informed decisions for your financial future.

      Upward Trend in Houston’s Real Estate Market: Comprehensive Analysis of 2023-2024 Trends
      New York|posted 27 March 2024

      Between March 2023 and February 2024 the Houston real estate market witnessed a moderate rise in property values with mild fluctuations in the average selling price per sq ft.

      Saint Louis Real Estate Rebounds: Roller Coaster Trends Mark 2023-2024 Market Outlook
      Investing Strategies|posted 27 March 2024

      The Saint Louis real estate market has displayed resilience amidst fluctuations, with average home values rebounding and a consistent upward trend in average sale prices.