Peabody, MA Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Peabody, MA is $566,525, down 17.9% year-over-year. Homes sell in an average of 43 days with 25 active listings. The market is currently a strong seller's market.
$566,525median sale price
Is Peabody a buyer's or seller's market?
Peabody, MA is currently a strong seller's market, based on 1.6 months of supply and homes selling in about 43 days. How we determine this →
Homes sold
16
Last 12 weeks
Days on market
43
Average pace
Active listings
25
1.6 months supply
Sale-to-list
101.4%
Above asking
Peabody, MA market data
| Metric | Value |
|---|---|
| Median sale price | $566,525 |
| Median list price | $599,900 |
| Year-over-year price change | -17.9% |
| Average days on market | 43 days |
| Active inventory | 25 listings |
| Months of supply | 1.6 months |
| Sale-to-list price ratio | 101.4% |
| Market condition | Strong seller's market |
Source: Redfin · Updated weekly
The Peabody housing market is currently classified as a strong seller's market with a median sale price of $566,525. Prices have fallen 17.9% compared to last year, with homes spending an average of 43 days on market, indicating 1.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Peabody
There are currently 25 homes listed for sale in Peabody, Massachusetts. The median listing price is $600K.
Active listings
25
Homes on market
Median list price
$600K
Avg. days on market
43
Days until sale
New this week
26
Newly listed
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Frequently asked questions
What is the average home price in Peabody?
The median home sale price in Peabody is $566,525, down 17.9% from last year.
How long do homes stay on market in Peabody?
Homes typically spend 43 days on market before going under contract.
Is Peabody a buyer's or seller's market?
With 1.6 months of supply, Peabody is currently a strong seller's market.
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